Have you already managed to understand in detail what charts are, their types, and how to use them? If not, then now is the time, because you will use them to find your profitable trading setups. Without them, Forex trading would have been simply impossible. Therefore, without further ado, let's plunge into the world of charts.
Some things are much older than you think. Did you know that technical analysis of the Forex market originated over a hundred years ago? There were no computers in the XIX century and people couldn’t examine in detail the price movement down to every candle. However, the ideas that appeared at that period lie at the heart of determining the further behavior of the market to this day. The creator of these unique ideas was Charles Dow. He began as a simple reporter and subsequently became the founder of technical analysis.
It’s time for a final article in a series of useful tips for improving your day trading results. Last time, we examined several aspects of competent risk management, how to behave during major news releases and much more.
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