Forex Technical Analysis Tutorial
One of the basic principles of technical analysis in Forex is that the historical cost action predicts the future cost action. Because the Forex is a 24 hour market, there is a tendency for a huge amount of information to be used in order to measure future cost activity, hence boosting the statistical impact of the forecast. As a result, the Forex becomes the ideal market for any trader who utilizes technical analysis tools such as indicators, charts, and trends.
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