The Technical Analyzer provides trading signals based on three
different methods: Japanese candlestick charts, market
momentum changes, and traditional support and resistance
levels. Both Japanese candlestick charts and market
momentum changes are useful in predicting reversals in market
direction. Traditional support and resistance lines are great
tools for trading trending markets. Combining these three
approaches together is intended to create an incredibly
powerful and predictive tool.
The Technical Analyzer is actively updated as the market
moves, with updates occurring dozens of times a day. While
many services update their recommendations once a day or once
per market session, the trading ideas from the Technical
Analyzer are fresh and actionable.
The Technical Analyzer is more than a bunch of computer code.
There are human market technicians behind every trading idea.
While programmers are getting better at copying human decision
making abilities, they are not perfect - particularly in
understanding how to apply the right set of technical analysis
rules to analyze a particular market.
The Technical Analyzer is completely transparent in how it
develops trading ideas, as well as entry and exit points. With
every trading idea, there is a chart of the currency pair with
technical lines fully drawn and an explanation of the trade.
Even if you don’t use the trade, the analysis behind the
trade is available for your benefit allowing you to learn and
begin to understand how effective technical analysis is
performed.
In order to learn how to perform proper technical analysis,
simply reproduce the analysis provided in the Technical
Analyzer on your own and see if you see the same trading opportunity.
Use the Technical Analyzer as a virtual trading Mentor.
This service is being made available
exclusively to Friedberg Direct clients. To gain access, OPEN
AN ACCOUNT, whereby you will
receive a real (live) account user ID and password which will
give you access to the Technical Analyzer. - Demo
user ID and passwords will not allow access.
There
are no charges to open an account and you do not need to fund
your account until you are ready to begin live trading.
Utilize the Technical Analyzer in conjunction with your Demo
Account and take it for a test drive. |