Technical Analysis.
Technical analysis is a method of predicting prize movement and future market trends by studying what has occurred in the past using chart.
Technical analysis is concerned with has actualy happened in the market, rather than what should happen, and takes into account the prize of instrument and the volome of trading, and creates charts from the data as a primary tools. One major advantage of technical analysis is that experienced analysis can folow many market and market instruments simultaneously.
Base from this three essential principles :
# Market action discount everything.
# Prize move in trend.
# History repeat it self.
Fundamental Analysis.
Fundamental analysis is a method forecasting future prize movements of a financial instruments based on political, economic, enviromental and other any relevant factors, as well as data that will affect the basic suply and demand of whatever underlies the financial instrument.
Rabu, 07 November 2007
Technical vs Fundamental analysis
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