Technical Analysis

Technical analysis is the study of how prices of Stocks and Forex behave and how the information gained from this analysis can be exploited. In technical analysis the importance is always to try and make profits from trading and not to own securities. Technical traders have one main thing in common that is to prevent and control the losses. Risk is always a big factor in this style of trading and it is important to be aware of the potential profits and losses before placing that trade. The tools available for technical analysis are many and varied and select these based on the strategy and style of your trading. The next step is to devise rules and this will help keep you making consistent profits as they not only help you find an opportunity but also help you to manage and control the risk.

Two things that are important with technical analysis is price and trends. Price