#TradingAnalysis101 Excellent choice! Trading analysis is a fundamental skill for any trader who wants to make informed and profitable decisions. Here are some basic and advanced concepts of trading analysis:
Basic concepts
1. *Technical analysis*: Focuses on the study of charts and price patterns to predict future movements.
2. *Fundamental analysis*: Centers on the study of economic, financial, and social factors that affect the price of an asset.
3. *Support and resistance*: These are price levels that act as barriers to price movement.
4. *Trends*: These are patterns of price movement in a specific direction.
Tools and resources
1. *Trading charts*: These are visual tools used to analyze price and volatility.
2. *Trading platforms*: These are software used to execute trading operations.
3. *Books and courses*: These are educational resources that can help improve your trading analysis skills.