What Is Technical Analysis? - Forex, CFDs & Crypto Trading

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kckitty400
Published
I call Technical Analysis

Chart Analysis

Technical analysis is anything you do on price charts

The primary reason that traders use technical analysis is to make predictions about future price movement based on past price movement.

I am a technical analyst and so are the members in my trading community, we prefer Technical Analysis because we agree with the idea that all market variables are reflected via price action, so we see no reason to use other means to analyze or trade the market. That’s not to say that having some knowledge of fundamentals and news events is a bad thing, but we just don’t rely on them heavily. But we do not ignore the fundamentals.

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