for the forex business there has two kinds of analysis they are technical and fundamental analysis, i think that they both are important,for the trading we have to spend much time to analysis the forex trading to take a decision,
Line chart Bar chart Candlestick chart
I close position with my fixed pips profit, but yes sometimes this happend that it goes down more pips in less time so sometimes i closed it with less pips if news is there after some times.
A technical analysis term used to describe a chart formation in which a stock's price: 1. Rises to a peak and subsequently declines. 2. Then, the price rises above the former peak and again declines. 3. And finally, rises again, but not to the second peak, and declines once more. The first and third peaks are shoulders, and the second peak forms the head.
I think web analysis and ttechnical analysis is the same. It is illustrated through graphs so nothing is different.
A series of at least five successive bars, with the highest HIGH in the middle, and two lower HIGHs on both sides.
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