We have already looked at the difference between fundamental and technical analysis of currency trading in our “currency trading success” article, here we will concentrate more on the advantages of technical analysis for currency trading and how to build a successful system.
There are many different methods and tools utilized in technical analysis, but they all rely on the same principles - that price patterns and price trends exist in the market and that they can be identified and turned into profit opportunities.
Technical Analysis in currency trading is based on three core principles:
Markets Discount
The actual price is a reflecti
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