Education

Chart Patterns Tutorial

Traders have debated the merits of

“technical analysis” versus “fundamental analysis” for years. In

reality, most traders probably do not make such a rigid distinction

between these two approaches to market analysis and use some of both

in making their decisions.

Fundamental analysis studies factors

such as supply, demand, weather, political developments, economic

reports and the like to come up with their forecast for potential

price direction. But many traders do not have access to all of the

vast amount of fundamental information available nor do they have

the ability to interpret the significance of much of this

information on the market they are trading. Conclusions from