Utility of Technical Analysis

Technical analysis is sometimes studied as if it contains a grain of secret knowledge or portrays an intrinsic truth about currency movements. Often it is said that a specific chart formation will produce a specific price movement.
Technical analysis does nothing of the sort. A chart is a reflection of past prices, nothing more. In itself a graph cannot predict future price movements. A currency does not trade up or down because of a formation on a chart. It moves because market participants make basic assumptions about future price behavior based on the record of past price action. A charted history of price action is the cumulative story of thousands of trading decisions; it is a record of the past behavior of thousands of individual traders.
Price information is meaningful only because trader's decisions give it predictive power. A simple proof of the limited forward intelligence of historical price action is the well attested notion that fundamental developments always trump technical analysis. If the Federal Reserve raises rates unexpectedly or the Chinese Government announces it will no longer buy US Treasuries there is no chart formation that has ever existed that will prevent the dollar from rocketing up in the first instance or plummeting in the second.

Forex Articles without submitting – Waytrade.net” on Safari

The Big Five means 5 Kings of Savannah – 5 larger animals and they are the lion, Rhino, Elephant, Leopard and GNU. See the Big Five is just a “hobby” among travellers and many people spent days following flocks to see how these fascinating creatures living.
It is obvious that Africa has many amazing places to go, but it is Safari is more intriguing voyageurs.lorsque you say that Safari is the animals that come to mind, get up close and personal with these magnificent creatures is indeed a scary adventure and exciting.
The Big Five means 5 Kings of Savannah – 5 larger animals and they are the lion, Rhino, Elephant, Leopard and GNU. See the Big Five is just a “hobby” among travellers and many people spent days following flocks to see how these fascinating creatures living.
Seeing lions hunting on the African savannah is both exhilarating and unlike anything you’ve seen before.Most safari operators come with an expert who guides now where to go and look for some animaux.Bon number guarantee that you’ll see the Big Five while others specialize in nocturnal excisions.
Africa is one of the best places in the world for birders and several African Lakes have an abundance of rare species that are in full pink essor.La flamant on lakes in the Kenya is famous all over the world and to see these birds taking off in Africa sunset is a view this is – even if you’re not in the observation of birds.