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Wednesday 18 July 2012

Definition of Technical Analysis


To try to understand the evolution of the FOREX market, investors often use two main tools: fundamental analysis and technical analysis.

A fundamental tool in deciding which currencies to buy and sell currencies is what technical analysis. This is a study in detail the developmental FOREX market every day, watching the evolution of the volumes of capital, price trends, and so on.

This analysis therefore requires a greater commitment to fundamental analysis, it draws much of its effectiveness in learning decisions buying and selling according to constantly changing parameters in many cases.

For this analysis uses mathematical and statistical tools, such as graphs and calculations of statistical series.

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