A Chart Trader's Best Friend
Have you ever wished that you could spend time with experienced traders to see how they trade? To see how they setup their charts? To see what indicators they use? To see why they buy or sell when they do? The DailyFX Technical Analyzer attempts to replicate that experience for you. It displays dozens of trading ideas from seasoned forex traders each day. You get to see the charts along with the indicators they use. You see the key support and resistance levels that they're tracking and commentary on their trade ideas.
Technical Analyzer provides:
- Get dozens of trade ideas from experienced traders
- View their charts and see the indicators they use
- See major support and resistance levels they're tracking
- Learn about candlestick formations they're following
Get dozens of trade ideas from experienced traders.
Serious Technical Analysis
The great thing about the Technical Analyzer is the large amount of information that it provides. The charts themselves are great; you get to see the analysis with your own eyes. But it doesn't stop there. Each trade idea also comes with valuable information about the short term and medium trend of price, three levels of support and three levels of resistance, and the pivot price. Just getting a trade idea is great. But to truly understand where the idea comes from - that's what truly allows you to believe it and stand behind it.
Alerts and Candlestick Patterns
Indicator crossovers include:
- Moving Averages
- Bollinger bands
Candlestick patterns include:
- Evening Star
- Hanging Man
Market Commentary: Any opinions, news, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.