A gentle introduction to Technical Analysis.

Have you ever seen one of those complicated charts with so many lines and shapes that seemed too fancy and some sort of rocket science? Well, it turns out that these are actually the simplest means to analyze markets. Anyone can understand the displays given several minutes of explanations, but the trick is, how to use them properly? and how to develop new strategies? Technical analysis in layman’s terms is when you look at a chart, add some lines and calculations to it and try to project the future direction of the price, it is what retail brokers are promoting in their…