Hey there!

Welcome to this new blog. I'll introduce myself and the purpose of this.

You can call me foski and I'm here to learn new things. This is what this blog is all about. I called it learn with me because I'll try to explain the new things I learn so you can learn it too. I will try to shrae with you the resources I'm using to learn and I will appreciate if you add more information in the comments.

So... lets get started!

The first thing I want to lear is technical analysis on the market. To do it I'll search for basic information aswell as candlestick patterns, historical analysis and I'll test my knowledge in a simulator (I have yet to decide between Investopedia or IG).

Technical Analysis

So the first thing is to define what Technical Analysis is. Citing the course I'm following:

Technical Analysis is based on the premise that what happens in the past can be used to predict what might happen in the future.

This means that certain patterns usually repeat in the history of a market. an analyst can see the behavior of buyers and sellers seeing the trends and patterns in the market prices.

The first example we find is the following:

Imagine we have a market that fluctuates in a channel but it never drops below a certain price (this is called a support level). As an analyst I would try to buy the next time the price gets to the support predicting it will rise again inside that channel.

This is the first post of this blog. Follow me if you would like to learn more and follow my progress.

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