# International Academy of Exchange Trading. Lesson 5: A beginner s guide to technical analysis

Save this PDF as:

Size: px
Start display at page:

## Transcription

1 International Academy of Exchange Trading Lesson 5: A beginner s guide to technical analysis

3

4

5

6

7 International Academy of Exchange Trading Lesson 5: A beginner s guide to technical analysis Always remember, however, that price moves in three directions over time. It goes up, it comes down and it stays at the same level. Sometimes when you look at a price chart, the local highs share one level and the local lows share another level. Price appears to zigzag between these two levels. This is known as a trading range. A trading range is a horizontal channel. Channels can also be plotted on uptrends and downtrends. You plot a channel on an uptrend by charting a line through the local high furthest from and parallel to the trend line (remember for an uptrend the trend line is a support line: a line connecting the local lows). This line is called the channel line. The channel line on a downtrend is parallel to the trend line and is plotted through the local low furthest from and parallel to the trend line (and the downtrend line is a resistance line: a line connecting the local highs). Trend lines, channel lines, support and resistance lines and levels help us make sense of price action. For example if price breaks through a trend line it could be a signal that the trend is weakening and that a reversal of the trend is becoming more likely. However, when a price correction closes in on a trend line we should prepare to open a position in the direction of the trend because it is more likely that price will continue in the direction of the trend than break through the trend line. Support and resistance levels plotted at the end of significant price moves, and which have been confirmed a number of times are quite significant on the chart. We should prepare ourselves for a reversal when price approaches them. Chart patterns Chart analysis develops our ability to read a chart. Chartists have been watching the charts for over 80 years, they have identified specific patterns that have cropped up again and again and have analyzed what has happened to price after these patterns. These chart patterns have been classified either as reversal patterns, continuation patterns or uncertainty patterns. Continuation patterns signal that the current trend will continue. Reversal patterns signal the end of the trend and a potential trend reversal. Uncertainty patterns signal that something is about to happen on the market but it s difficult to know exactly what. It s time to close any open positions that you might have and wait and see. The great thing about patterns is that it is not difficult to identify a trend and it s a lot more difficult to spot when a trend is about to end. Chart patterns help us spot the danger signs and close positions without suffering any needless losses. p. 7

Contents Lesson 1: All you need is... Lesson 2: Forex lowdown Lesson 3: Leverage (a little help from your friends) Lesson 5: A beginner s guide to technical analysis Lesson 6: Technical indicators Lesson

Contents Lesson 1: All you need is... Lesson 2: Forex lowdown Lesson 3: Leverage (a little help from your friends) Lesson 4: Orders Lesson 5: A beginner s guide to technical analysis Lesson 6: Technical

Lesson 7: Fundamental Analysis Contents Lesson 1: All you need is... Lesson 2: Forex lowdown Lesson 3: Leverage (a little help from your friends) Lesson 4: Orders Lesson 5: A beginner s guide to technical

Forex Primer: Trading for Gain Contents Lesson 2: Forex lowdown Lesson 3: Leverage (a little help from your friends) Lesson 4: Orders Lesson 5: A beginner s guide to technical analysis Lesson 6: Technical

### RISK WARNING. Retail transactions conducted with NatureForex are not insured by any deposit insurance of any kind.

RISK WARNING High Risk Investment Margined retail foreign exchange or currency ( forex ), commodities and financial derivatives transactions are extremely risky. Trading with Nature Forex Ltd. ( NatureForex

### Forex Trading Strategies: One way to trade the Non Farm Payroll report.

Forex Trading Strategies: One way to trade the Non Farm Payroll report. June 3 2011 1 Upshot Trade Signals disclaimer The information provided in this report is for educational purposes only. It is not

Battle Tested Forex Trading Strategies Kathy Lien www.bkforexadvisors.com *Past performance is not indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may

### Important Notice. Foreign currency trading involves a substantial risk of loss and may not be suitable for all investors.

Important Notice Foreign currency trading involves a substantial risk of loss and may not be suitable for all investors. CMS, its affiliates, employees, agents, successors, and assignees are released from

### Trading with ATR Price Projections.

By Nitin Suvarna Trading with ATR Price Projections. J. Welles Wilder developed "Average True Range" (ATR) as a tool for a more precise calculation of price activity and volatility. True Range measure

### New York Traders Expo 2012

New York Traders Expo 2012 with JAMES CHEN, CTA, CMT Director of Technical Research and Education All rights reserved, FXDD Inc. 2010 Today s Topic: High Probability Strategies for Trading Forex www.fxdd.com

### ForexRealProfitEA - real money proven Forex robot (EA)

ForexRealProfitEA - real money proven Forex robot (EA) Current version: 5.11 - updated December 2010 Developer: ForexRealProfitEA team Currencies: multiple currency pairs Timeframe: M15 Website: http://www.forexrealprofitea.com

### Chapter 2.3. Technical Analysis: Technical Indicators

Chapter 2.3 Technical Analysis: Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, from time to time those charts may be speaking a language you

### Dynamic Pro Scalper. User Guide

Dynamic Pro Scalper User Guide 1 Content 1. Introduction 3 2. Installation 4 3. Settings 8 4. Terms of Use and Risk Disclosure..... 12 2 Introduction Dynamic Pro Scalper is one of the best Asian scalper

One Click Trader Manual 1 Table of Content Introduction... 3 Metatrader4 platform (MT4) Installation... 4 One Click Trader Installation... 9 Starting and configuring One Click Trader... 11 One Click Trader

### OFFSET TRADING 2006 By Dana Martin / Sterling Blackstone, Inc.

OFFSET TRADING 2006 By Dana Martin / Sterling Blackstone, Inc. Offset Trading is a proven method of capturing the maximum amount of Pips from an economic announcement. This is the act of placing a buy

Learn how to trade EUR/USD, USD/CAD, GBP/USD or Any other major currency pair by mastering a system That combines top level mathematics with the Fundamental principles of human behavior - simplified In

### MASTER THE MARKET IN 10 MINUTES

MASTER THE MARKET IN 10 MINUTES HIGH RISK INVESTMENT WARNING Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable

### Exit Strategies & Stop Loss Techniques

Exit Strategies & Stop Loss Techniques Forex exit strategies are a very important part of Forex trading systems. In fact, it could be said, that out of all the components of a trading system, it is the

### The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and

The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and you can lose money as well as make money. Manage your

Hedge Hog Trade Rules Using Inverse correlation to decrease market exposure By: www.forextradersdaily.com Incomplete Draft Copy If you are reading this please note that the system is still in testing and

### Take it E.A.S.Y.! Dean Malone 4X Los Angeles Group - HotComm January 2007

Take it E.A.S.Y.! Dean Malone 4X Los Angeles Group - HotComm January 2007 Dean Malone Partner of Compass Foreign Exchange, LLC. Co-Founder of Forex Signal Service.com. Previous Senior National for 4X Made

### Real Time Short-Term Trading Gregory McLeod Currency Strategist

Real Time Short-Term Trading Gregory McLeod Currency Strategist Risk Disclosure Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree

### FOREX GRID TRADER EA (FGT) User Manual. 1 P a g e

FOREX GRID TRADER EA (FGT) User Manual 1 P a g e Contents: Getting Started-------------------------------------------------------------------------------3 MetaTrader4 (MT4) Trading Platform--------------------------------------------------4

### A Primer On Technical Analysis. Written by. Available at

A Primer On Technical Analysis Written by Available at Page 1 of 23 Overview Technical Analysis (Versus Fundamental Analysis) Technical analysis is a method of forecasting price movements by looking at

### Chapter 1.4 Trends 0

Chapter 1.4 Trends 0 TECHNICAL ANALYSIS: TRENDS, SUPPORT AND RESISTANCE Charts, charts, charts. When most people think about trading Forex, they think about watching price movements flash by them on the

### Chapter 3.4. Forex Options

Chapter 3.4 Forex Options 0 Contents FOREX OPTIONS Forex options are the next frontier in forex trading. Forex options give you just what their name suggests: options in your forex trading. If you have

### FOREX HIGH RISK WARNING

FOREX HIGH RISK WARNING Please read the disclosures and warnings below. optionsxpress, Inc. ( optionsxpress ) strongly advises Trader to review and consider carefully the risks associated with leveraged

D.O.T.S. Guppy Trading Method Dean Malone /dots 1 Disclaimer Unique experiences and past performances do not guarantee future results. Trading in the off-exchange Foreign Exchange market (Forex) is very

FOREX ebook PSYCHOLOGY OF TRADING 1 Content Emotional trading - fear & hope 1 A trading plan in five simple steps 4 Getting Started in Forex Fundamental & Technical Analysis Dont forget there s another

### The Building Blocks for Succeeding with Forex Trading

The Building Blocks for Succeeding with Forex Trading This e-book was created by traders and for traders with the aim of equipping traders with the right skills of earning big returns from trading forex

### Chapter 2.4. Multiple Time Frames

Chapter 2.4 Multiple Time Frames 0 Contents TRADING USING MULTIPLE TIME FRAMES Traders of virtually every monetary size and temperament trade the Forex market. At any given time, short-term scalpers and

Golden cross of moving Averages Strategy General: The golden cross is a strategy that is based on moving averages in the volatile hours of trading session with best value during the London and New York

### WELCOME TO FXDD S BREAKOUT OPTIONS STRATEGY GUIDE

GLOBAL INTRODUCTION WELCOME TO FXDD S BREAKOUT OPTIONS STRATEGY GUIDE Breakout options strategies have been popularized as options trading strategies that allow traders to profi t regardless of the direction

### Chapter 2.4. Multiple Time Frames

Chapter 2.4 Multiple Time Frames 0 Contents TRADING USING MULTIPLE TIME FRAMES Traders of virtually every monetary size and temperament trade the Forex market. At any given time, short-term scalpers and

### Smart Trading Apps: Market Entry App User Guide

Smart Trading Apps: Market Entry App User Guide Below User Guide uses the Market Entry App with three profit taking limit stages as an example. All other Market Entry App versions are functionally identical

### FOREX STRATEGIES BY ANDREA UNGER

the purple forex company FOREX STRATEGIES BY ANDREA UNGER 4-time winner of the prestigious World Cup Trading Championships Axiory is proud to present you with the unique opportunity to invest in forex

### WELCOME TO FXDD S BULLISH OPTIONS STRATEGY GUIDE

GLOBAL INTRODUCTION WELCOME TO FXDD S BULLISH OPTIONS STRATEGY GUIDE A bullish options strategy is one of the most common starting points for options trading beginners. Bullish options strategies are designed

### FOREX FOR BEGINNERS. www.mundomarkets.com

FOREX FOR BEGINNERS CONTENT 01. 02. 03. 04. What is forex market and how it works? Forex market (page 2) Liquidity providers (page 3) Why acquiring knowledge is important in the forex market? Experience

SPOT FX Trading Strategies Currency Codes USD = US Dollar EUR = Euro JPY = Japanese Yen GBP = Great Britian Pound CHF = Swiss Franc CAD = Canadian Dollar AUD = Australian Dollar NZD = New Zealand Dollar

TradeStation User Guide The TriggerCharts Key Reversal Indicator (KRI) provides a methodology for indicating when markets are overbought or oversold. The KRI algorithm looks at several factors to calculate

### Conservative Day Trading Strategy for Forex

Conservative Day Trading Strategy for Forex By Markus Heitkoetter Please note: THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS

### Forex Volatility Patterns

Spotting Early Breakouts Forex Volatility Patterns BRUCE WALDMAN Want to catch 40 to 00 pips in each trade? Here s how you can find those entry and exit signals to make your forex trading a success. C

### Stock Breakout Profits Strategy

Stock Breakout Profits Strategy Introduction Welcome and thank you for downloading the Stock Breakout Profits system. The Stock Breakout Profits is a complete trading strategy for trading not only the

### Evolution of Forex the Active Trader s Market

Evolution of Forex the Active Trader s Market The practice of trading currencies online has increased threefold from 2002 to 2005, and the growth curve is expected to continue. Forex, an abbreviation for

### WELCOME TO FXDD S BEARISH OPTIONS STRATEGY GUIDE

GLOBAL INTRODUCTION WELCOME TO FXDD S BEARISH OPTIONS STRATEGY GUIDE Bearish options strategies are options trading strategies that are designed to allow traders to profi t when an exchange rate trends

### Michael J. Huddleston

Michael J. Huddleston Government Required Risk Disclaimer and Disclosure Statement CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE

### THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10

THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10 YOU SHOULD HAVE ALREADY READ AND APPLIED THE INFORMATION IN THE SET-UP DOCUMENT. IF YOU HAVE NOT ALREADY DONE SO - PLEASE COMPLETE SET

### Forex Account Application

In order to expedite your account opening process, if you have been working with a Representative, please enter that person s name below: Representative s Name: _ Promotional Code: _ Leverage 1:50 1:100

### MAGIC BREAKOUT Forex Trading Strategy

Tim Trush & Julie Lavrin Introducing MAGIC BREAKOUT Forex Trading Strategy Your guide to financial freedom. Tim Trush, Julie Lavrin, T&J Profit Club, 2007 2015, All rights reserved www.magicbreakout.com

FTXSP User Guide Version 1.0 Published by FXTSP.com 1 This user guide teaches you how to install MT4 indicators and use our strategies and systems properly. Please read and follow the guidelines explained

### Channel Lines. Charts of futures price

File A2-20 April 2005 www.extension.iastate.edu/agdm Charting Commodity Futures Channel Lines. Charts of futures price movements can guide agricultural producers in timing farm marketings and can be of

### Risks in Derivatives Trading on the SWFX Swiss Forex Marketplace

Account Holder/Client : Account number: (filled by Dukascopy Europe) Risks in Derivatives Trading on the SWFX Swiss Forex Marketplace The Client confirms that Dukascopy Europe IBS AS (hereinafter Dukascopy

### WELCOME TO FXDD S RANGE & TARGET OPTIONS STRATEGY GUIDE

GLOBAL INTRODUCTION WELCOME TO FXDD S RANGE & TARGET OPTIONS STRATEGY GUIDE Range & target options strategies are options strategies that are designed to help traders profi t when the underlying exchange

### Chapter 2.3. Technical Indicators

1 Chapter 2.3 Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, sometimes those charts may be speaking a language you do not understand and you

### FX Trading Guide: 4 Simple Ways to Spot a Trend JON MCFARLANE AND VERNON LEES

FX Trading Guide: 4 Simple Ways to Spot a Trend JON MCFARLANE AND VERNON LEES 0 BetOnMarkets 2011 Foreword We wrote this guide to give people wanting to trade Financial Fixed Odds some simple tools and

### Currency Trading and Forex 100 Success Secrets 100 Most Asked Questions on becoming a Successful Currency Trader

Currency Trading and Forex 100 Success Secrets 100 Most Asked Questions on becoming a Successful Currency Trader Copyright 2008 Currency Trading and Forex 100 Success Secrets Notice of rights All rights

### RISK DISCLOSURE STATEMENT

RISK DISCLOSURE STATEMENT 1. Trading in margined FX involves a high degree of risk including the risk of loss of the Customer s entire Risk Capital deposited with PTFX. Losses, in some cases, have the

### HF Markets Ltd. TRADING AND EXECUTION RISKS

HF Markets Ltd. TRADING AND EXECUTION RISKS February 2013 Trading and Execution Risks 1. Slippage... 3 2. Rejected Orders... 3 3. Offquotes... 3 4. Trade Execution Delay... 3 5. Grayed Out Pricing... 4

CHART TRADING GUIDE 1 How to understand chart trading This guide is designed to teach you the basics of chart trading- the chart patterns that are covered in this booklet can be used for short and medium

### FX Martingale Pilot Manual

C O D I N G T R A D E R. C O M FX Martingale Pilot Manual Version 1.00 Table of Contents FX Martingale Pilot... 2 Martingale System in Trading... 3 Installation... 4 How does FX Martingale Pilot works...

Forex Trade Copier Manual How to connect your MT4 account to our signal providers Risk Warning: SimpleTrader.net is a wholly owned subsidiary of Think Huge Limited. Think Huge Limited and all its associated

FOREX analysing made easy UNDERSTANDING TECHNICAL ANALYSIS An educational tool by Blackwell Global Contents Technical Analysis 2 Line Chart 3 Bar Chart 4 Candlestick Chart 5 Support and Resistance 6 Fibonacci

### RISK DISCLOSURE STATEMENT

RISK DISCLOSURE STATEMENT IMPORTANT NOTICE Certain financial instruments referred to in this document may not be eligible for marketing, sale or promotion in the United States of America and some other

Day Trade System The EZ Trade FOREX Day Trading System is mainly used with four different currency pairs; the EUR/USD, USD/CHF, GBP/USD and AUD/USD, but some trades are also taken on the USD/JPY. It uses

### Part 1: Three-Way Orders - Theoretical. Aksjer Obligasjoner Netthandel Corporate Finance www.norne.no

Part 1: Three-Way Orders - Theoretical Agenda Advantages of using 3-way orders Ratio-trading Support and Resistance levels Placing a 3-way order on Norne Investor Example Slide 2 What is a 3-way order?

### Chapter 8. Trading using multiple time-frames

Chapter 8 Trading using multiple time-frames TRADING USING MULTIPLE TIME- FRAMES Stock markets worldwide function because, at any given time, some traders want to buy whilst others want to sell. A trader

CFD Trading You can lose more than your initial investment when trading CFDs A ccendo Markets is a market leader in financial trading services*, providing awardwinning on-line and telephone broking services

### Aggressive Day Trading Strategy for Forex

Aggressive Day Trading Strategy for Forex By Markus Heitkoetter Please note: THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS

### Forex Diamond EA. User Guide - 1 -

Forex Diamond EA User Guide - 1 - Contents: - Getting Started ------------------------------------------------------------------------------------- 3 - The MetaTrader 4 (MT4) Trading Platform -------------------------------------------------

### AN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET

DUKASCOPY BANK SA AN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET DUKASCOPY BANK EDUCATIONAL GUIDE AN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET www.dukascopy.com CONTENTS INTRODUCTION TO FOREX CURRENCY

1 Chapter 3.3 Trading Psychology 0 TRADING PSYCHOLOGY Forex traders have to not only compete with other traders in the forex market but also with themselves. Oftentimes as a Forex trader, you will be your

### Trade Forex with Support and Resistance Strategies. By Walter Peters, Phd. BestMetatraderBroker.com

Trade Forex with Support and Resistance Strategies By Walter Peters, Phd. BestMetatraderBroker.com 1 Important Risk Disclaimer ALL INFORMATION CONTAINED IN THIS COURSE IS FOR EDUCATIONAL PURPOSES ONLY

Class 2: Buying Stock & Intro to Charting Today s Class Buying Stock Intro to Charting Real World Analysis Buying Stock What Is a Stock? Share of ownership in a company Publicly traded Holds monetary value

### Strategy:10. Rob Booker s. Low risk/high return forex trading

RISK DISCLOSURE: Rob Booker s Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for

### 8 Day Intensive Course Lesson 3

8 Day Intensive Course Lesson 3 A) What are Fibonacci Retracements? Fibonacci Retracements What are Fibonacci retracements? Levels at which the market is expected to retrace to after a strong trend. Based

### A Manual for New FOREX Traders

FOREX Tradiing 101 A Manual for New FOREX Traders Table of Contents I. INTRODUCTION... 1 II. LEGAL RISK WARNING DISCLAIMER... 1 III. INTERNET INFORMATION DELIVERY SYSTEMS DISCLAIMER... 1 IV. WHAT IS THE

A QUICK START GUIDE AUTOCHARTIST TRADE IDEAS Sometimes, it s hard to know what to trade. Even if you do your research, you may still wonder if the trade you set up will go the way you want. Now, you can

Forex Trade Copier Manual How to connect your MT4 or ctrader account to our signal providers Risk Warning: SimpleTrader.net is a wholly owned subsidiary of Think Huge Limited. Think Huge Limited and all

1 Chapter 3.4 Trading Psychology 0 Contents TRADING PSYCHOLOGY Stock and CFD traders have to not only compete with other traders in the stock and CFD markets but also with themselves. Often as a stock

### The Magic Momentum Method of Trading the Forex Market

The Magic Momentum Method of Trading the Forex Market WELCOME! Welcome to one of the easiest methods of trading the Forex market which you can use to trade most currencies, most time frames and which can

### Chapter 1.3. Technical Analysis: Trends, Support and Resistance

1 Chapter 1.3 Technical Analysis: Trends, Support and Resistance 0 Contents TECHNICAL ANALYSIS: TRENDS, SUPPORT AND RESISTANCE Stocks are rising. Stocks are falling. If you watch or read financial news

### Trading Short A Simple Yet Powerful Entry, Exit, and Stop Loss System For Taking Advantage Of Downward Trends

Trading Short A Simple Yet Powerful Entry, Exit, and Stop Loss System For Taking Advantage Of Downward Trends 1 Congratulations! By learning this method you are one of the few who do, not the many who

### How I Trade Profitably Every Single Month without Fail

How I Trade Profitably Every Single Month without Fail First of all, let me take some time to introduce myself to you. I am Kelvin and I am a full time currency trader. I have a passion for trading and

### 7ChiC Expert Advisor User Manual

7ChiC Expert Advisor User Manual Dear Friend, thank you for using 7ChiC EA. This EA is intended as a trading tool to help Trader with opening, closing and Stop Loss monitoring of Open positions. Please

### This library is included for Platinum Club members, and may be purchased separately for the Gold version of Trade Navigator.

Planetary 2 Library I C H I M O K U C L O U D L I B R A R Y Introduction: In 1969, Goichi Hosada, a journalist in Tokyo, developed a very versatile indicator that has withstood the test of time. The Ichimoku

### Leverate Financial Services Ltd (Regulated by the Cyprus Securities and Exchange Commission License no. 160/11) WARNING AND RISK DISCLOSURES

Leverate Financial Services Ltd (Regulated by the Cyprus Securities and Exchange Commission License no. 160/11) WARNING AND RISK DISCLOSURES 2014 WARNINGS AND RISK DISCLOSURES The Site and brand name RoyalPip

### 8 Day Intensive Course Course Overview and Lesson 1

8 Day Intensive Course Course Overview and Lesson 1 This is the summary of lessons from the PowerCourse. Since every course is different, responses to the initial texts are not attached. Additionally,

### World Trading House Ltd. GENERAL RISK DISCLOSURE

World Trading House Ltd. GENERAL RISK DISCLOSURE 1 Risk Warning: Binary Option Trading is risky and you may lose all of your investment General Risk Disclosure 1. Introduction... 3 2. Risk Warnings...

### Chapter 4.3. News Analysis

1 Chapter 4.3 News Analysis 0 NEWS ANALYSIS Fundamentals move currency pairs, and news moves fundamentals. News of an interest-rate hike or news of a sub-prime meltdown can cause a currency pair to change

### Forex Trade Copier 2 User manual

Forex Trade Copier 2 User manual Contents REQUIREMENTS........... 3 QUICK START.........4 INSTALLATION.........8 REGISTRATION......10 CUSTOM CONFIGURATION..... 12 FEATURES......14 SOURCE FUNCTIONS DESCRIPTION........16

### Risk Disclosure For Contracts For Difference & Non-Deliverable Forwards

Risk Disclosure For Contracts For Difference & Non-Deliverable Forwards FX Central Clearing (FXCC) Amorosa Centre, 2nd floor 2 Samou Street 4043 Yermasoyia, Limassol, Cyprus Tel: +357 25 870 750, Fax:

### Chapter 2.1. Charting Basics

Chapter 2.1 Charting Basics 0 Contents CHARTING BASICS Charts are a forex trader s best friend. As a Forex trader, you will most likely utilize your price charts more than any other available tool. Since