Friday, April 30, 2010

Type Of Charts For Beginners

The Candle Stick Charts






This is because that they might not have enough knowledge on trading or they might not being able to analyze the forex market correctly. In the olden days, the traders used to analyze the markets based on the trend charts, pivot points, moving averages, Elliot wave methods, Japanese Candle Stick Charting, etc. All the above mentioned methods are all mathematical methods (also called mathematical algorithms) which are used to analyze the forex markets.

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