The advantage of technical analysis is as follows
-Fokus on prices
Because our goal is analyzed to predict the future price, then it makes sense to focus on price movements, both past price or prices being terjadi.sehingga we do not mess with the news of what is outstanding.
-Adanya entry point and exit point
in technical analysis, we can determine when it is appropriate for the transaction (entry point) and when it is time to market (exit point) with jelas.Sehingga we do not waste time on transactions that are not effective.
-Easy
with the historical data on the graph we can mebaca what market.sehingga arrived to see an opportunity that we can directly address
weakness of technical analysis include :.
-Data showed very late
data generated by the indicators in technical analysis that uses past data, so that when data the indicator says that prices will rise, the actual price itself has increased.
-No Objective
data displayed on the chart technical analysis can give rise to different interpretations by each operator.
-Have a price level changing -ubah
In technical analysis of their support and known resistance, which is a critical level that can be a starting point price reverse direction. But in reality, this level is always changing, sometimes more or less. This makes it much defrauded merchants.
Looking at the advantages and disadvantages, you should be able to draw on the strengths and try to anticipate weaknesses.
forex next learning materials are Type Indicator Technical analysis