Forex Tips - Technical Analysis And Mass Psychology - How To Be One Step Ahead Of Others
A lot has been written about the effectiveness of technical analysis in trading. The academic community, for instance, has not accepted technical analysis as a scientific discipline. Fundamental analysis supporters also refuse to recognize it as a valuable trading tool. And still, technical analysis is the most common used approach to trading, especially when it comes to forex trading. The liquidity and versatility of the forex market make it a paradise for "technicians". Technical analysis is also the basis of many automated forex trading systems. The question is whether technical analysis is indeed the right way to trade the forex market? ...
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