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Excerpt from:  Forex Training
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June 23, 2008

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 certain 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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Topic Tags:  currency pair, currency trading, Elliott Wave, Fibonacci forex trading, forex trading, forex trading chart, forex trading news, forex trading terms, technical trading
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