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Learn to Read Forex Calendar to Ensure Successful Forex Trading August 5, 2022
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Intro to Candlesticks

Mira Team by Mira Team
August 20, 2020
in Ebooks
Reading Time: 2 mins read
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Synopsis E-book: Intro to Candlesticks

The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar:
• The “what” (price action) is more important than the “why” (news, earnings, and so on).
• All known information is reflected in the price.
• Buyers and sellers move markets based on expectations and emotions (fear and greed).
• Markets fluctuate.
• The actual price may not reflect the underlying value.


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