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Author Topic: How to read trading charts?  (Read 1607 times)
Lakshman15
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February 23, 2020, 12:41:48 AM
 #121

It is not so easy. But some sites offering good analysis how to predict price of crypto.

For getting good skills Regarding it need more focus and knowledge. Try crypto trading view sits it helps a lot.
Kelvinid
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February 24, 2020, 02:04:15 PM
 #122

Ain't so hard to read charts either and I think that everyone could be able to read if they want too. But the question is, does it is very important to learn this in order to have a good trading journey? It probably not really important cause this trend today will always not be the same in the future. Coz if you rely on this, not for sure if it will works on you all the time. Because the most important thing in crypto trading is to have that kind of flexibility and could adopt the market quickly.
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February 24, 2020, 07:08:13 PM
 #123

How do you read charts because i am still exploring and i don't know how read a charts anybody can help me with this? What is the best way to learn reading charts in an easiest way.
There are a lot of different types of charts are available and there are methods to recognize the patterns in those charts. I have developed the skill of recognizing patterns in charts by learning from books. If I remember correctly, last time I checked that lot of the videos are available on youtube to explain you how to learn the skill of recognizing patterns in trading charts. You may start from them.

I am familiar with candle stick pattern recognizing and line chart patterns too. It would be highly recommended to start with candle stick pattern recognizing as it would be easier to understand how markets is being recorded as a chart.
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February 26, 2020, 09:12:47 AM
 #124

b]charts[/b]

Charts came from present and history data, to read it need knowledge. I suggest you to get teacher/ friend to help you because if depend read and watch video you will translate with your own language that's wrong. Reading chart is not easy, need professional to help you with it. It will not wasting time and money because you get from the expert, don't try read by your self.

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February 28, 2020, 08:18:13 AM
 #125

I would say youtube is definitely the best teacher, you may like it or you may hate it but seeing something with your own eyes and repeating the same task yourself is a great teacher. You can stop or rewind youtube videos as much as you want as well so all you have to do is start the video, do exactly what they are showing on the video, make sure you are doing it right, if you need time stop the video do what you need to do and start it back up, if you miss anything just rewind and watch it again.

When you have that option in your hands that means you can learn basically anything if you give enough time, of course it won't be in 10 minutes but you can literally learn anything from youtube if you give enough practice and time towards that thing and not just how to read charts, anything in life like guitar playing or whatever.
mauriek
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February 28, 2020, 10:14:00 AM
 #126

b]charts[/b]

Charts came from present and history data, to read it need knowledge. I suggest you to get teacher/ friend to help you because if depend read and watch video you will translate with your own language that's wrong. Reading chart is not easy, need professional to help you with it. It will not wasting time and money because you get from the expert, don't try read by your self.
Reading charts or technical analysis is a way to get profit in the world of trading, but learning technical analysis is not easy, You need several months or even years so that you can truly master the science of technical analysis. Yes right, it's better to find a teacher than to study on your own.
Mumbeeptind1963
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March 04, 2020, 05:04:59 AM
 #127

b]charts[/b]

Charts came from present and history data, to read it need knowledge. I suggest you to get teacher/ friend to help you because if depend read and watch video you will translate with your own language that's wrong. Reading chart is not easy, need professional to help you with it. It will not wasting time and money because you get from the expert, don't try read by your self.
Reading charts or technical analysis is a way to get profit in the world of trading, but learning technical analysis is not easy, You need several months or even years so that you can truly master the science of technical analysis. Yes right, it's better to find a teacher than to study on your own.
I suggest to watch some videos about it or ask some help to those really know or have knowledge about it. Also it easy for you how to read chart in trade if youre really willing to learn by giving yourself a chance to know everything through asking some help if there something you dont know.                                                                         

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March 04, 2020, 05:51:01 AM
 #128

The best way is to have a companion or friend who understands trading in making technical analysis, because with you have a companion you will be quicker to understand it because at least you will learn theory and practice faster. There are many articles and even various tutorials that you can get on the internet if you don't have a trader friend like that, and also when you keep watching the charts then at least slowly you will surely understand the best time to sell and buy, if you have a big desire to be successful, learning patiently is the way you can do it, because achieving success requires a long process.

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March 04, 2020, 04:19:54 PM
 #129

The best way is to have a companion or friend who understands trading in making technical analysis, because with you have a companion you will be quicker to understand it because at least you will learn theory and practice faster. There are many articles and even various tutorials that you can get on the internet if you don't have a trader friend like that, and also when you keep watching the charts then at least slowly you will surely understand the best time to sell and buy, if you have a big desire to be successful, learning patiently is the way you can do it, because achieving success requires a long process.

How fortunate those who have friends who knows technical analysis and willing to teach their skills and strategies.
Sadly now a days there are no free access , normally people charge  but it is not wrong sometimes you really need to invest to gain such knowledge

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March 06, 2020, 12:15:05 PM
 #130

There are a lot of different types of charts are available and there are methods to recognize the patterns in those charts. I have developed the skill of recognizing patterns in charts by learning from books. If I remember correctly, last time I checked that lot of the videos are available on youtube to explain you how to learn the skill of recognizing patterns in trading charts. You may start from them.

I am familiar with candle stick pattern recognizing and line chart patterns too. It would be highly recommended to start with candle stick pattern recognizing as it would be easier to understand how markets is being recorded as a chart.
Yes, for those who are new to reading charts, I would definitely suggest youtube over books, of course how you can learn something IS affected by how you learn as well, some people learn better by writing, some by doing, some by reading, some by listening and so forth but the youtube video ones are a lot better because they literally SHOW you how it works and that is much better than trying to figure out how to do it yourself.

I can't offer you any examples because I used videos on my language but I am sure you can find plenty in English and probably some in your own language as well. Make sure you find multiple ones and compare them to each other as well since most of them are usually different from each other and you can find differences between them.
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March 06, 2020, 08:16:53 PM
 #131

Reading charts is easy it's just ups and downs I think you should change your question to "How to analyze trading charts. Reading is easy it's just a matter of close, open, high, low but analyzing is all about theory, luck, experience and many more.

I think you should start with a simulation trade and learn how to trade and analyze the market before jumping on it,
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March 08, 2020, 04:07:39 AM
 #132

Have a nice day!  I know that most of here are all traders if you don't mind can i ask a little questions here because i am curious about trading. How did you do that? How do you read charts because i am still exploring and i don't know how read a charts anybody can help me with this? What is the best way to learn reading charts in an easiest way.


Good question buddy. As a trader, i would like to shared my experienced on how I difficult for me to determined and read the trading charts. When I'm newbie in trading it is difficult for me to ready the charts, but the first thing I did is to watch at YouTube videos on how to read and predict the trading charts. And I think the knowledge that I gathered is not enough so that I also ask with my mentor to fully understand the trading charts, after that all my effort paid off now. But if you don't have any mentor that will teach you a trading chart you can read/visit this link https://www.tradingview.com/ it really suits for you, because it's detailed sites that may help you to fully know how to read trading chart. Good luck.

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March 13, 2020, 06:00:25 PM
 #133

Trading is not a chocolate that you just open it and eat. If you really want to learn a reading chart you will need to learn the first candlestick patterns,
price action, support resistance, supply demand, and trend analysis. There are many free YouTube videos for learning basic Lessons,
watch more videos and practice yourself. More practice make you a more perfect trader.
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