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Technical analysis learning methods

Edward Peterson

Active Member
At first I would say to learn in regards to candles. We see distinctive kind of candles on an outlines. Take in the name of those candles or how those candles shaped. What's more, what those candles mean? When you took in the candles at that point learn candles designs. Simply after that you can find out about various technical markers and their utilization. For analysis great candles is additionally critical. I mean there are a few brokers that creates fake candles which may cause issue for analysis. That is the reason I trade on XeroMarkets as it doesn't make any fake candles. I likewise appreciate low spreads trading in their platform.
 
When any new trader wants to invest in forex, he will have probably little practical knowledge about the trading process and the market. It is very much needed for the new comer to operate a demo account before he invest into the market. By using demo account he can get practical knowledge about trade and market. When I was thinking to invest in forex, at first i created a demo account in TP Global FX, where i could learn all the basics of the trading policy. It helped me a lot.
 
I would recommend to use a demo account first, to get to grips with what you are doing. Make sure you have a trading plan and stick to those rules, anything to take the emotions out of making a decision is the best way.
 

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