Does Forex Technical Analysis Really Work?
Absolutely, Forex technical analysis works to produce winning trades; many successful traders encourage taking a twofold approach by using both fundamental and technical analysis to determine which trades are going to produce profits. Becoming an experienced Forex technical trader To become an experienced Forex technical trader, you should learn your way around the Forex market by using a “demo” account first. Most good Forex brokers will allow you to open a demo account with no money; then, you “trade” in “demo” mode until you’ve become very experienced in placing trades. Once you begin to win on trades with this type of “pretend” trading, you can begin to place real trades with real money so that you can make a profit. It’s very important, though, that you do demo trading first. This gives you the opportunity to learn your way around the market just as you would if you were really trading, and it teaches you how to handle both wins and losses on trades. What being an experienced Fore
