Chart analysis Analysing Chart

Chart analysisAnalysing ChartWe are now able to read the chart, know that the objective of the follow-up chart of currency movement is an attemptAccess to the sign of a trend that will become the currency and whether the currency will rise or fall on the basis of this expectation willYour decision to buy or sell the currency.Of course, if you bought it predicted it would rise, and predicted it will sell if the drop.But how can you expect to arrive?Through analysis of the chart and study it.How so?The stores first open your graphic program, which will get the brokerage company that will deal with it orAnother site.Determines the currency shops which he wished to follow up and the time frame they want.Check the shops in the graph, and then adds the lines above the graph, using the possibilities of the program graphsThat allows him to draw Maizhae of lines and marks on the graph.Stores the program uses the graph to do some more calculations that help to understand the price movement, such as: How much is the rate ofPrice during the last ten days and many others, there is a limited set of these accounts are called indicators.On the basis of what the stores from a study of price movement is composed has a vision for the future direction of the price and thus canDecide to sell from buy.What exactly looking shops in the graph?Several things to help him provide a picture of price movement is the most important of these things:Mel Price TrendSupport and Resistance Support and resistance pointsPatterns ShapesOver buy over sell the determination of the price movement36We will now explain these things and as we mentioned more than once in this part that you need to see more of the theory and practiceProcess, and that what came in this part is no more than the entrance of technical analysis helps you to get an overview of you and pave the way for moreOf the study and research. __