Forex Forum
University => Learn Forex => Topic started by: Hemant on February 16, 2011, 11:02:26 pm
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The Psychological Utility of Technical Analysis
Technical analysis is sometimes studied as if it contains a grain of secret knowledge or portrays an intrinsic truth about currency movements. Often it is said that a specific chart formation will produce a specific price movement. Technical analysis does nothing of the sort. A chart is a reflection of
<p><a href="http://www.actionforex.com/articles-library/forex-articles/the-psychological-utility-of-technical-analysis-2009070691075/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/yxoL/~4/n9bmbA4cAGk" height="1" width="1"/>
Source: The Psychological Utility of Technical Analysis (http://feeds.actionforex.com/~r/actionforex/yxoL/~3/n9bmbA4cAGk/)