Hello, everyone! I present to you a new series of binary options trading articles. It will be loosely related to the MT4 show, so if you do not know that…
Technical Analysis Show
Technical analysis is one of the two main types of an analysis. Using technical analysis, the traders assume that with the help of specific formulas, indicators and various techniques of reading charts, their chances to predict future trends will increase.
Technical analysis is used by the vast majority of binary options traders. The technical analysis category covers all kinds of trading strategies based on price movements, volumes, trends and indicators.
On this page, you will see a set of articles on the technical analysis for assets such as currencies, commodities, indexes and shares. We strongly recommend you learn the basics of technical analysis. This is the only way for a new trader to become a profitable trader.
There is basically one major difference between binary options and CDF (Forex) trading. Whereas with binary options you are dependent on a preset timeframe, with Forex you can hold
your position as long as you wish. This gives you a certain advantage as you can wait until the best time to close your position.
No matter what assets you prefer, I recommend you learn the technical analysis and use in your trading.
Good luck when analysing the charts!