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Technical Analysis Part I-Summary Report

Forex MADURAI,  Forex Trading MADURAI,  Forex Brokers MADURAI,  Forex Training MADURAI,  Forex Online Courses MADURAI

Summary Report

Ok, now that you have read the lesson material and taken the quiz, please make sure you completely understand and/or do the following:

This chapter is a simple introduction to technical analysis, for advanced students it should not have taken much time to read and understand all concepts covered in this lesson.

For novice students, re-read all sections, especially both sections about support and resistance (you will be using them a lot).

Make sure you understand the following:

  • Support and resistance, these two concepts are amongst the most important subjects of trading so you need to pay special attention to section 3. What happens to supply and demand around these levels?
  • Understand what each candlestick reviewed in this chapter suggests.

Ok, here are the answers to the Brain Feeders:

Brain Feeder 1 – We were asked: how do we think the market behaves when the supply for one currency meets the demand for it?

It simply goes sideways. That’s right, it doesn’t go up or down, it moves as a straight line because there won’t be incentives either to sell it lower or buy it higher.

Brain Feeder 2 – We were asked what would happen if the market breaks a support zone with the demand curve?

It will have a shift to the left; here is how the chart would look like:

What was considered “low”, its now considered “high”.

Ok, not its time to take the quiz!

Good luck!

Tags:  Forex MADURAI,  Forex Trading MADURAI,  Forex Brokers MADURAI,  Forex Training MADURAI,  Forex Online Courses MADURAI,Learn Forex Trading in Chennai, Learn Forex Trading in Madurai, Learn Forex Trading in Trichy, Learn Forex Trading in Tirupur, Learn Forex Trading in coimbatore, Learn Forex Trading in Cuddalore, Learn Forex Trading in Dindigul, Learn Forex Trading in Erode, Learn Forex Trading in Kanchipuram, Learn Forex Trading in Karur, Learn Forex Trading in Nagapattinam, Learn Forex Trading in Namakkal, Learn Forex Trading in Perambalur, Learn Forex Trading in Ramanathapuram, Learn Forex Trading in Salem, Learn Forex Trading in Pudukkottai, Learn Forex Trading in Thanjavur, Learn Forex Trading in Theni, Learn Forex Trading in Thirunelveli, Learn Forex Trading in Thiruvallur, Learn Forex Trading in Thiruvannamalai, Learn Forex Trading in Thiruvarur, Learn Forex Trading in Vellore, Learn Forex Trading in Virudhunagar

 

03 Jun 2014 5:22 pm 1 Posted by tamilforex

Comments: 1

  1. Posted by Jensy 18 May 2017 at 3:17 pm Reply

    Sir, do you offer training in Madurai?

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