Today we will talk about price action analysis, an important aspect of technical analysis on Forex. Price Action analyzes price behavior and patterns and can identify almost any market trend.
Tag: technical analysis
There are plenty of companies and corporations in the entertainment sphere, and all of them are noticeable to some extent. However, today I have picked up the companies that are suffering from COVID-19, as many others are, but manage to stay the course. Its The Walt Disney Company (NYSE: DIS) and Sony Corporation (NYSE: SNE).
In this review, we will get acquainted with the DeMarker indicator. It was created for exchange trading by a famous trader and the guru of tech analysis Thomas DeMark.
lliott Wave Theory is a unique and independent analytical instrument that, with certain experience, yields impressive results. However, the Theory has not been formalized yet, does not have a shape of a trading system, hence, the result depends on the subjective interpretation of the analyst-trader.
In this review, we will discuss a popular indicator called ZigZag. This indicator makes it easier to interpret charts, showing important price changes, and helps to carry out tech analysis.
Trendlines can show where to enter in the direction of the trend and where the current trend might end.
To succeed in market trading you should learn to analyze and forecast price movements. The market price is influenced by a whole range of various factors, all of which we literally cannot know. A question emerges: in this case, how does forecasting become possible? This question is answered by one of the basic and most necessary types of market analysis — technical analysis.