LONDON, August 30, 2011 /PRNewswire/ --
For short term CFD traders taking positions over a matter of hours or days, technical analysis can be a vital trading tool. With this in mind, CFD trading provider City Index (http://www.cityindex.co.uk/) offers a free seminar entitled 'Technical Analysis for Beginners'.
Technical analysis helps you to identify trends, reversal points and potential price targets by using past data as a guide to potential developments in the future.
City Index's CFD trading seminar, available to members and non-members alike, is led by the company's Chief Technical Analyst Sandy Jadeja. Over the course of the 90 minute workshop, Mr Jadeja maps out the best ways to technically analyse a financial market, demonstrating how to chart performance, use historical patterns and focus on trends.
It is important to remember technical analysis is based entirely on developments in the past, is not necessary a cast-iron guide to what will happen in the future. As always, ensure you understand and manage the risks involved. Find out more about risk management in CFD trading at http://www.cityindex.co.uk/cfd-trading/how-to-manage-risks.aspx
To learn more about the Technical Analysis for Beginners seminar, or to sign up, visit:
http://www.cityindex.co.uk/learn-to-trade/seminars.aspx.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for differences (CFDs) and, in the UK, spread betting.
We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Open your CFD trading account with City Index at http://www.cityindex.co.uk/cfd-trading/start-trading-cfds.aspx
SOURCE City Index
Share this article