{"id":12872,"date":"2015-02-11T09:00:07","date_gmt":"2015-02-11T09:00:07","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?page_id=12872"},"modified":"2022-11-14T15:39:52","modified_gmt":"2022-11-14T04:39:52","slug":"technical-analysis-101-a-beginners-guide-to-technical-analysis-2","status":"publish","type":"page","link":"https:\/\/www.icmarkets.com\/blog\/technical-analysis-101-a-beginners-guide-to-technical-analysis-2\/","title":{"rendered":"Technical Analysis 101: A Beginner\u2019s guide to Technical Analysis"},"content":{"rendered":"
\n

Technical analysis <\/strong>\u00a0refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations, chart patterns, and indicators.<\/p>\n

The Dow Theory, which is based on the collective writings of Charles Dow, is used as the framework for modern technical analysis. Other techniques, such as those introduced by Ralph Nelson Elliott and William Delbert Gann, also comprise the commonly-used techniques in technical analysis of financial markets.<\/p>\n

The underlying concept behind these ideas is that all market information is reflected in the asset price and that history tends to repeat itself. In other words, forex market factors such as economic data and risk sentiment are already incorporated in the exchange rate and that historical price patterns have a high probability of occurring again and again.<\/p>\n

\"good<\/a><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Index <\/font><\/th>\n<\/tr>\n<\/thead>\n
1. Types of Charts<\/a><\/td>\n<\/tr>\n
2. Japanese Candlestick Basics
\n<\/a><\/td>\n<\/tr>\n
3. Common Candlestick Formations
\n<\/a><\/td>\n<\/tr>\n
4. Double Candlestick Patterns
\n<\/a><\/td>\n<\/tr>\n
5. Group Candlestick Patterns
\n<\/a><\/td>\n<\/tr>\n
6. Support and Resistance
\n<\/a><\/td>\n<\/tr>\n
7. Trend lines and channels
\n<\/a><\/td>\n<\/tr>\n
8. Pivot point calculation methods
\n<\/a><\/td>\n<\/tr>\n
9. Different types of inflection points
\n<\/a><\/td>\n<\/tr>\n
10. Fibonacci Retracement
\n<\/a><\/td>\n<\/tr>\n
11. Fibonacci extension
\n<\/a><\/td>\n<\/tr>\n
12. Using the Fibonacci tool with support and resistance
\n<\/a><\/td>\n<\/tr>\n
13. Using the Fibonacci tool with trend lines
\n<\/a><\/td>\n<\/tr>\n
14. Using the Fibonacci tool with candlesticks
\n<\/a><\/td>\n<\/tr>\n
15. How Moving Averages Work
\n<\/a><\/td>\n<\/tr>\n
16. Types of Technical Indicators
\n<\/a><\/td>\n<\/tr>\n
17. Using Oscillators or Leading Indicators
\n<\/a><\/td>\n<\/tr>\n
18. Using Momentum or Lagging Indicators
\n<\/a><\/td>\n<\/tr>\n
19. Basic Forex Chart Formations
\n<\/a><\/td>\n<\/tr>\n
20. Elliott Wave Analysis 101
\n<\/a><\/td>\n<\/tr>\n
21. Understanding Harmonic Price Patterns
\n<\/a><\/td>\n<\/tr>\n
22. How to Trade Divergences
\n<\/a><\/td>\n<\/tr>\n
23. Using Multiple Time Frame Analysis
\n<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n<\/div>\n
<\/div>\n
<\/div>\n","protected":false},"excerpt":{"rendered":"

Technical analysis \u00a0refers to the study of past price action as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/pages\/12872"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=12872"}],"version-history":[{"count":23,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/pages\/12872\/revisions"}],"predecessor-version":[{"id":58743,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/pages\/12872\/revisions\/58743"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=12872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}