Saturday, August 29, 2009

Technical Analysis

Technical Analysis

echnical analysis is the use of technical indicators. A technical indicator is a graphical representation of the price action that is usually displayed along the bottom of the screen. One famous example is a technical indicator called MACD.
Technical analysis can be great, but like other trading methods, it isn’t perfect. Trading decisions are always up to the discretion of the trader making them. There are some great technical tools and indicators that are widely available for use. With so many traders using similar tools, even having slightly different interpretations, technical analysis

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