Technical Trader

Technical Trader

A person who uses technical analysis to make investment decisions. Technical traders use statistics to determine trends in security prices, and decide to buy or sell based on those trends. These traders do not attempt to determine the intrinsic value of securities, but instead focus on matters such as trade volume, demand, and volatility. Technical traders often evaluate short-term trends almost exclusively, which has both positive and negative consequences for their analysis.
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Within this approach, an agent may either be an optimistic or a pessimistic technical trader or fundamental trader.
This combination will make T3 Live a stronger destination for technical trader education in the active trader landscape.
Are you going to be primarily taking a fundamental approach, are you going to be basing your decisions on the interest rate outlook or are you going to be strictly a technical trader?
The technical trader basically looks and works with only one element in developing his trading strategy--the price and volume history of the given product.
Its acquisition serves Ahlsella[euro](tm)s goal of becoming the Nordicsa[euro](tm) top technical trader, providing installation products, tools and personal protective equipment to professionals, it said.
Its acquisition serves Ahlsell's goal of becoming the Nordics' top technical trader, providing installation products, tools and personal protective equipment to professionals, it said.
If you are a technical trader, you need to know when the economic indicators for the currencies you are trading will be published.
He added : "Despite an extended fall, registering triple-digit decline in the ability of the index to find support around the identified levels of 15,127-33, will keep the technical trader poised for short-term bets, while the funds capitalising on the opportunities surfacing due to availability of stocks on deeper discounts will continue smooth sailing, and the benchmark heads for creating history".
This sometimes leads to simulated moves known as whipsaws, which connotes a market that quickly moves out of a trade span and magnetizes buyers but only to switch as soon as the technical traders purchases and the market drops back within the trading span, and normally leading to the technical trader executing their position for a loss.
A technical trader may counter that even if you don't follow the newswires, the mere fact that the euro fell sharply at a particular moment starting on Thursday after the ECB press conference and later on when the ECB and the German Finance Ministry were clashing would prompt one to short the euro, irrespective of who said what and in what sense.
Take advantage of this Special Offer and spend some quality time with Patrick Assalone, a Technical Trader and Analyst who focuses on Good Win/Loss Ratio's, and a Retired WEF (World Extreme Fighter) Lightweight World Champion.
Stories To Watch on DailyFX - Are you a fundamental or technical trader? Get the outlook from both sides on DailyFX..
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