Technical Analysis

In order to predict future price trends not only for Forex but also for all market analyzes, the method of technical analysis is a method that investors make the most of and trust.


Contrary to basic analysis, it is often possible to produce highly objective interpretations because it produces results with rational calculations and evaluation of historical data.
The technical analysis assumes that prices go on in a totally interdependent movements within a whole. All price movements follow a consecutive course in a cycle, and essentially every move is a recurrence of a development in history. The reaction for any effect within the ordinary conditions of the market is not different from the reaction that occurred under the same effect at any time before. So every shape that occurs on price graphs can be defined in a certain order, and it can be easier to predict the future as long as it can be matched to any similar period in the past. Because we know how prices react in the same situation in history. Since the developing state exhibits similar characteristics, it is very unlikely that we will have the same results.
Technical analysis makes possible definitions for every moveable part that can be scaled, expressed, fit into a certain number sequence, and matched to mathematical facts. It uses a number of mathematically scalable tools, from the form of the price graph to the past price averages, from comparing the purchase and sale demand with the prices, to the complicated calculations and the drawing of the auxiliary tools. As the results obtained are often expressed with exact figures, no subjective interpretation is required for the investor. The investor determines the correct position by simply using the right techniques for the right instrument, comparing the instruments against each other in a way that interacts with each other, and likewise the techniques that will produce definite results.
Technical analysis begins with graphics reading skills. Reading the numbers expressed in the horizontal and vertical planes of the price graph is extremely easy as it involves the same features as any mathematical plane. The Graphic Varieties department is designed to improve your basic skills. You are defining the price expressions on the graph and structured to get basic reading skills at a glance. The issues related to the display patterns and benefits related to the price movement in the graph were discussed.
The situation evaluations, which are formed by the movement of price movements under certain default rules on graphics, can be shaped with the help of drawing tools, are explained in detail in the Language section of the graphs. When the basic assumptions about the progress of the prices start to be connected to certain conditions with the help of drawings on the graph, the first step of the technical analysis starts. It can be expressed in many ways, such as trend, support, resistance, and is supported by drawing tools and graphical background images supported by screen images.
The indispensable indicators of the technical analysis, in other words the indicators, are fully understood and handled in all detail. Indicators The most commonly used indicator instruments in the named indicator field are shown on the graphs and their usage patterns are explained. In addition, information about the workings of the indicators and the calculation methods were provided so that the user could get some ideas. The indicator group is grouped under a separate heading on the trading platform, and the selected indicator is easily added to the chart with one key. The indicator added on the graph describes this with visual tools by performing related mathematical calculations. In this way, the investor can calculate the past period and have a chance to take into consideration the objective values ​​in deciding the future.
In the formation section, the most well known and used formation shapes were processed and explained together with visual items. Any form of transformation known as a formation is known as the sequential formation of candle bars forming a price movement under a certain order. It is often perceived as a message about the future that prices are visually shaped. Because, it is known by experience that prices react in similar formation in historical behavior.
Unlike numerical values, the formation group requires a perspective that requires imagination and experience for the investor. To emulate the formations in a certain way and to draw the boundaries of resemblance to the simulated figure emerge as a better developing ability over time. Because trying to put a mold with a shape that is absolutely familiar can actually lead to an evaluation with incorrect results for a shape that does not exist. Since the formation may require a subjective perspective that does not resemble a formation, its assessment may vary from person to person.
Technical analysis