Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
“Technical Analysis” is the study of currency price movements in the charts. It involves predicting future price movements by studying historical data and chart patterns.
In this video, we will be covering:
0:00 What is Technical Analysis?
1:02 History Tends to Repeat Itself
1:20 Types of Technical Trading Indicators
1:38 Pros of Technical Analysis
2:28 Cons of Technical Analysis
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.