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Forex Trading Terms: Technical Trading

looking at technical indicators in currency trading

One of the forex trading terms you are likely to come across when reading news is "technical trading."

Technical trading is when you use charts and indicators of past performance to find patterns that might predict future performance. Usually, technical indicators are when a currency pair reaches a positive point on

the chart.

You can use different technical techniques, such as Elliott Wave and Fibonacci, to determine what range you should enter and exit a position on the forex trading chart.

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Original post by Eric J. Fox

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