Technical analysis is built on three essential principles:
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    Technical analysis is built on three essential principles:
    1. Market action discounts everything! This means that the actual price is a reflection of everything that
    is known to the market that could affect it, for example, supply and demand, political factors and market
    sentiment. However, the pure technical analyst is only concerned with price movements, not with the
    reasons for any changes.
    2. Prices move in trends Technical analysis is used to identify patterns of market behavior that have long
    been recognized as significant. For many given patterns there is a high probability that they will produce
    the expected results. Also, there are recognized patterns that repeat themselves on a consistent basis.
    3. History repeats itself Forex chart patterns have been recognized and categorized for over 100 years
    and the manner in which many patterns are repeated leads to the conclusion that human psychology
    changes little over time.
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  • #2 Collapse

    Well information hai brother agar esay information bahot kam miltay hai our thanks you ik newbies ko good information denay k liyeh dear brother market may yeh sub information most important howa kartay hai
    • #3 Collapse

      in k 3 pints hain jin ko ap ney foloow karna hai to ap kamyab ho saktey hian magar is cheez ki guarentee nahi ha.
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      • #4 Collapse

        bhai jaan technical analysis bahoot si qasm k hoty hy ,technical analysis depend upon demand and supply ,it also depends upon market value of currency pair and chart patern also repeat history.

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