Using Chart Patterns To Interpret & Trade CFDs & Forex with Barry Norman
Charting is a major component of any trade. Understading the visual clues of price action contianed in your charts can help you make smart trading decisions. Patterns like triangles, flags and pennants, head and shoulder give us clues to the psychology of the traders and also future price momentum of an asset. Learning to recognized these patterns and use them is not difficult and can be incorporated into any trading process.