Wednesday, July 29, 2009

ZOMBI FOREX TECHNICAL ANALYTICS

Everybody in the world knows that technical analytics is very important in forex market. Technical analysis is the process of market analysis that relies only on market data numbers - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea behind Forex technical analysis is the postulate of functional dependence of the future market technical data on the past market technical data. As well as with fundamental analysis, technical analysis is believed to be self-sufficient and you can use only it to successfully trade Forex. In practice, both analysis methods are used. Recommended e-books on Forex fundamental analysis are:
  • The Law Of Charts
  • Candlesticks For Support And Resistance
  • Trend Determination

3 comments:

  1. Thanks for following my blog and i will return the favour ...regards
    Mark. nice blogs by the way.

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  2. Very nice - easy to follow, simple, and working. Thanks for the knowledge!
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