Forex Trading Systems
using technical analysis

Forex trading and stock trading strategies use technical analysis to assist in making sound trade decisions. There are two primary methods used for Forex trading systems or trading stocks. One method is fundamental analysis and the other is technical analysis. This web site deals primarily with technical trading strategies and forex trading systems for making a trade in the forex market, or trading in the various equity stock markets.
Technical analysis is done by analyzing a forex currency or stock price chart and predicting short-term and long-term price trends for trading with the use of support and resistance lines and indicators. Technical analysis investing is better suited for short-term and medium-term traders, but can also be utilized by long-term forex investors with the help of higher timeframe price charts.

The forex market is the largest financial market in the world. The average total from all trading for one day in the forex market is greater than $3 trillion. For comparison, this is more than 35 times the average daily turnover of the New York Stock Exchange, the largest stock exchange in the world.
The forex trading market is a 24-hour currency market, allowing around-the-clock trading beginning on Sunday at 5 p.m. EST and continuing nonstop until the close of the trading market on Friday at 4 p.m. EST. These hours are ideal for many part-time traders who have a day job but still wish to actively participate in the forex trading market. Because the forex market is a 24 hour trading market this means that there is a large amount of uninterrupted price data during the week, which is ideal for technical analysis of the market price trends.