Technical trader

Technical trader aims at using historical price trends, assuming that the history has a tendency to repeat itself. He observes the developments on charts in various time periods (minute by minute, hour by hour, day by day), paying attention to support, resistance, price formations, trends, and other technical analysis methods. He does not take into consideration the newest economy news. Technical trader is only focused on a price chart. He closely observes the movement of prices, their development, looking for a favourable situation to open or close a position.

how do you work?
  • Do you take advantage of historical price trends?
  • Do you pay attention to the current situation?
  • Do you ignore the latest economy news?

Your capital is at risk. We cover you with negative balance protection.

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Risk Warning: Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risk involved and do not invest more than you can afford to lose. Read full Risk Disclosure Statement .Coverdeal Holdings Ltd is regulated by CySEC under License No. 231/14
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