Phân tích kỹ thuật có thể cung cấp một bức tranh ngắn gọn về những biến động và cho chúng tôi biết những người được kiểm soát một thị trường hiện nay: người mua hoặc người bán. Ưu điểm phân tích kỹ thuật lớn nhất trên phân tích cơ bản là nó có nhiều tính chất chủ quan của quá trình ra quyết định. | MASTERING THE CURRENCY MARKET sellers price fluctuates sometimes greatly from one day to the next. Technical analysis can provide a concise picture of those fluctuations and tell us who is controlling a market currently the buyers or the sellers. The biggest advantage technical analysis has over fundamental analysis is that it takes much of the subjective nature out of the decision-making process. As technicians we don t care about price outcome that means we don t care if the market moves up or down. We are interested only in going where the market wants to take us. There is no opinion for us no right or wrong price direction. We know it is unreasonable to think we can predict what will happen tomorrow and so we always avoid getting attached to one outcome over another. We do not predict which way a market will move we position ourselves to follow along with the market. One of the first things the old-timers told us on the exchange floors was to lose your opinion not your money. Their point was that if you stay attached to your opinions and make decisions on that basis and on the emotions behind them you ll probably lose money. That saying is one of the cornerstones of what we are going to teach you. In analyzing markets there are many choices in the tools we use and choosing a chart is no different. In the charting package I use seven different kinds of charts are listed. We will discuss the three most common ones now line charts bar charts and candlestick charts. Line Charts Line charts show only the market s closing price and can be beneficial in that they smooth out the price action making a trend or 52 CHARTS FOR TRADING Figure 3-1 Line Chart direction easier to discern. Figure 3-1 shows a monthly line chart for EURUSD. The line chart is the most simple type of chart and can keep traders from overreacting to price extremes on a short-term basis. It also can make it easier to identify significant support and resistance levels and chart patterns both of which .
