Ãîëîâíà

Overview

LECTURE 3

TECHNICAL ANALYSIS

Overview

The most popular and successful method of making decisions and analyzing financial markets is technical analysis. Technical analysis is used by large and small traders alike.

The difference between technical and fundamental analyses is that technical analysis ignores fundamental factors and is applied only to the price action of the market.

Although fundamental data can often provide only a long-term forecast of price movements, technical analysis has become the primary tool to successfully analyze and trade shorter-term price movements, as well as to set profit targets and stop-loss safeguards because of its ability to generate price-specific information and forecasts.

Historically- technical analysis in the futures & stock markets has focused on the six price fields available during any given period of time: open, high, low, close, volume, and open interest.

Since the FOREX market has no central exchange, it is difficult to estimate the latter two fields, volume and open interest. In this lecture, we limit our analysis to the first four price fields.

Technical analysis consists primarily of a variety of technical studies, Each of which can be interpreted to predict market direction or to generate buy and sell signals. Many technical studies share one common important tool: a price-time chart that emphasizes selected characteristics in the price motion of the underlying security or other financial instrument.

One great advantage of technical analysis is the possibility of visual observation. A picture is worth a thousand words.




 D. Inside Formation |  Multi-reversal Line |  Trend Channel Line |  Reversal, Continuation and Bilateral |  Big Black Candle |  Doji Star |  Engulfing Bullish (Á³÷à÷å ïîãë³íàííÿ) |  Bullish Counterattack (Á³÷à÷à êîíòðàòàêà) |  Inverted Hammer (ïåðåâåðíóòè Ìîëîò) |  Bullish Continuation Patterns |

© 2016-2022  um.co.ua - ó÷áîâ³ ìàòåð³àëè òà ðåôåðàòè