Technical analysis of financial markets.

This textbook will help the novice trader understand the basic principles of technical analysis of financial markets.

In addition to the technical analysis itself, in the introductory part of the book you can read about what markets and the main trading tools are. And also get acquainted with the mechanism of operation of electronic exchanges. Brief overview of the main sections.

1. Basic concepts - all the necessary information is collected here in order to understand how the exchange works and how you can make money on it.

Moreover, there is information not only on Forex, but also on the stock exchange. 2. The essence and components of technical analysis - if you are just starting to study this subject, this section is intended just for you. All the information for a novice trader is collected here; a lot of space is devoted to the trend, its description and characteristics. The postulates on which technical analysis is based are presented, and the influence of internal factors on market trends is described. The section ends with test questions that will help you test your knowledge.

3. Graphs – as the name suggests, we will talk about graphical analysis, types of graphs and a description of working with them.

4. Trends – trend trading is practically a component of 95% of Forex strategies; the section contains basic techniques for studying trends and options for calculating price channels.

5. Graphic models – trading using graphic figures, all about reversal and trend continuation patterns.

6. Cycles – the concept of cycles and Elliott wave theory, building strategies taking into account the cyclical nature of the market.

7. Oscillators – as the main tools of technical analysis, description of the most popular oscillators.

8. Money Management Trading Models - Money management in Forex is a must, so this section is a must read.

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