1. Spotting rebateforexs The first thing youll probably hear about technical analys rebateforexbroker is the following axiom: Trends Forex Rapid Rebate your friends Finding the dominant trend will help you take a holistic view of the cashback forex rebateforexfee give you a sharper insight - especially when shorter-term market fluctuations are disrupting the overall market picture Weekly and monthly chart analysis is most appropriate Once the overall trend has been identified, you can select the trend over the time span you wish to trade so that you can buy the dips in an up trend and sell the dips in a down trend 2. When these points show a recurring trend, they are identified as support and resistance The best time to buy/sell is near support/resistance levels that are not easily broken Once these levels are broken, they tend to become reverse barriers So, in an up market, a broken resistance level can become support for an up trend; however, in a down market, once a support level is broken, it turns into an upward trend. 3. Lines and channels Trend lines are simple and practical tools in identifying the direction of market trends Upward lines are made by connecting at least two successive lows Naturally, the second point must be higher than the first The extension of the line helps determine the path the market will follow Upward trends are a specific method used to identify support lines/levels Conversely, downward lines are made by connecting two or more points to form a trading line The volatility of the trading line is to some extent related to the number of points connected, however, it is worth mentioning that the points do not have to be too close together. A channel is defined as an upward trend line parallel to the corresponding downward trend line. believe that the trend in technical analysis is your friends creed, then ForexRapidRebate averages will benefit you greatly Moving averages show the average price at a given time within a given period They are called moving because they are based on the same time measure and reflect the latest average One of the shortcomings of moving averages is that they lag the market and therefore do not necessarily serve as a sign of a trend shift To solve this problem Alternatively, moving averages can be used by combining two different time horizons, whether using 5 and 20 day moving averages, or 40 and 200 day moving averages, buy signals are usually detected when the shorter term average crosses the longer term average upwards In contrast, a sell signal is signaled when the shorter-term average crosses the longer-term average downward. There are three mathematically different types of moving averages: simple arithmetic moving averages; line weighted moving averages; and squared factor weighted averages, the last of which is the preferred method because it gives more weight to the most recent data and considers the data over the entire period of the instrument