Technical analysis is introduced as a method of marking charts to aid in predicting price action.

• Technical analysis involves marking or creating zones on a graph to predict future market behavior.
• This analysis is based on comparing current prices with past prices.

The video explains the initial steps of using TradingView, including searching for currency pairs and accessing the interactive chart.

• The speaker details how to search for a currency pair, like EUR/USD, on TradingView's search menu.
• Choosing a reliable broker like FXCM, which provides real-time data, is recommended for accurate information.

The layout and tools of the interactive chart on TradingView are explored.

• The speaker describes the interface of the interactive chart, including current price indicators and navigation menus.
• Tools for measuring pips and marking technical analysis are located on the left side of the interface.

The video covers chart customization, temporalities, indicators, alerts, and cloud saving.

• Features like changing chart colors, setting time zones, and viewing different temporalities are discussed.
• Alerts can be set up to notify the user on their phone when certain price points are hit.

TradingView's utility tools such as watch list, screenshot sharing, and chart navigation are explained.

• The speaker talks about using the watch list to save favorite pairs and the camera icon to take and share screenshots.
• The bottom timeline of the chart allows users to view specific dates and times by moving the cursor horizontally.