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Technical Analysis for Beginners


ceromping

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I'm not sure where is the best to start posting/asking about technical analysis. I was thinking to post at the "Technical Analysis ", but then I thought, that It would be best to post here.

 

So first things first,

 

What are the basic of Technical Analysis? What do I need to know.

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Re: Technical Analysis for Beginners

 

Just my 2 cents view, I am also a beginner. I am reading books on technical analysis. If not I cannot understand the seniors discussion. Maybe thats a way to start.

 

- Moving Averages

- RSI

- Fibo

- How to calculate pivot, R1, S1

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Re: Technical Analysis for Beginners

 

I'm not sure where is the best to start posting/asking about technical analysis. I was thinking to post at the "Technical Analysis ", but then I thought, that It would be best to post here.

 

So first things first,

 

What are the basic of Technical Analysis? What do I need to know.

 

 

Go to e-books section :D

 

Barbara

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Re: Technical Analysis for Beginners

 

Price first

 

all of the technique indicator is formed from price.

 

when the trend is bullish, price will go higher and higher

in another hand,

when the trend is bearish, price will go lower and lower

 

do not have a short position at bullish trend,

the same

do not have a long position at bearish trend.

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Re: Technical Analysis for Beginners

 

Hi

 

I have just come into this great Forum which seems to have a lot of information

 

I read many times that some senior traders advice begginers to try a long time "in paper", before trading with "real money".

If any of you is now trading with real money, could you let me me know how long took you to leave "paper trading" ?

 

I know it depends on each people, but just to have a rough idea

 

Sorry about my english (my native language is spanish)

 

 

Thanks !!

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Re: Technical Analysis for Beginners

 

any body can tell me about micro/mini/real account??

what r they?? waht is the amount needed 4 invest??

 

 

 

with 500 deposite you can open classic account, and open orders 0.1 lot and more

to 500 - micro, and open orders 0.01 lot, no more than 2 lots

 

in ALPARI

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Re: Technical Analysis for Beginners

 

Or is the any printed books we can buy to leran about this online trading??

If yes, can any body tell us the title of the book??

 

You can find a bunch of books about technical analysis. See e.g.

h**p://www.hedgefund-index.com/technicals.asp#All%20About%20Technical%20Analysis

or you can download a free ebook by following this one

h**p://www.actionforex.com/education/free-downloads/technical-analysis-ebook-free-download-200511052901/

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Re: Technical Analysis for Beginners

 

What are the 2 best MA's to use together?

 

Here :

 

http://img36.imageshack.us/img36/4458/simplest.gif

 

Best Pairs EUR/USD Timeframe 60 Minutes (H1)

 

EMA 10 By Close

EMA 40 By Close

 

Filter for confirmation =

 

RSI (14) with Level 50

 

:-bd

 

Please give a comment, Thanks.

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  • 2 weeks later...

Re: Technical Analysis for Beginners

 

i would recommend starting off by learning how to identify trends, eg

an uptrend would have higher highs and higher lows

a down trend would have lower highs and lower lows

 

Then go onto trendlines, Support and resistance, etc

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