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Technical analysis can sometimes be seen as an easier approach to forex trading than fundamental analysis.
But, truth be told, there is quite a bit of a learning curve to it.
Many forex traders who are just starting out find it challenging to understand the technicals. And it does take a good amount of practice to build familiarity with the charts.
In fact, even intermediate FX traders with some experience still find technical analysis challenging.
But, as with most things, the only solution is to practice, practice, and practice some more.
So, to make the learning curve just that little bit easier, here are five ways to improve your technical analysis and forex trading skills.
1. Find Out What Works & Stick To It
Some FX traders jump from one method to another in search of the perfect trading system or approach to technical analysis.
If you want to get good at technical analysis, the key is to find a method that works for you and stick to it until you’re well-versed with the...
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