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Foreign Exchange Chart Education

The Basics of Technical Analysis

TREND, ANALYSIS AND TIMING

Markets don't move straight up and down. The direction of any market at any time is either Bullish (Up), Bearish (Down), or Neutral (Sideways). Within those trends, markets have countertrend (backing & filling) movements. In a general sense "Markets move in waves", and in order to make money a trader must catch the wave at the right time. The key is to follow the foreign exchange chart formations carefully.

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© 2004 T & K Futures All rights reserved. Terms of Use and Disclaimer
This site contains information believed to be reliable but no independent verification has been made and we do not guarantee its accuracy or completeness. Opinions expressed are subject to change without notice. The risk of loss in trading forex contracts or options can be substantial, and investors should carefully consider the inherent risks of such an investment in light of their financial condition. Forex does not trade on an exchange.