Are there some limitations for Technical Analysis?
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bradley
Apprentice
Joined: 02 Aug 2007
Posts: 11
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 Posted: 06/15/08 - 07:11 Post subject: |
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| I am interested in trading on the Foreign Exchange market. But at the same time I find it a very scary thing, mainly because I am not so sure that I know what I am doing. I would be heavily relying on Technical Analysis. Are there some limitations to this? |
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alessandra
Apprentice
Joined: 13 Dec 2004
Posts: 7
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| Posted: 07/15/08 - 00:26 Post subject: |
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| Yes, of course there are. The Technical Analysis tools will not do all the work for you - even if you have all of them and are using them all at once. I am sure that you think you can do it, because the internet tell you so, but the last time I checked, forex trading was still a complicated and responsible activity. |
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