Fundamental and technical
Dec 13, 2020 at 08:29
Vistas 1,325
17 Replies
Dec 13, 2020 at 08:29
It's good if we can combine both fundamental analysis and technical analysis. I think only technical analysis can also be used for trading and many traders are making money including me. I just stay away from economic news release.
Miembro desde Jul 23, 2020
posts 696
Dec 14, 2020 at 13:15
If you don’t know what economic news will impact what pair, you have to avoid trading most of the time. I do not think its good idea.
Miembro desde Oct 30, 2020
posts 14
Dec 30, 2020 at 07:35
You are right. The combination of both technical and fundamental indicators are very important when it comes to trading. It is good to use both.
Miembro desde Jul 23, 2020
posts 816
Dec 30, 2020 at 12:43
steve_25 posted:
No doubt technical analysis is important but for me economic news is equally important. I always keep a watch on upcoming economic events, either I check forexfactory or fxview reports.
True. Sometime trader only depends on technical term and ignore fundamental which is not the proper way of trading.
Miembro desde Feb 24, 2020
posts 5
Dec 30, 2020 at 13:48
Fundamental analysis seems to me to give better trading results. Therefore, it is more popular among traders.
Miembro desde Jul 23, 2020
posts 696
Jan 09, 2021 at 12:47
AliaDare posted:
There are two types of analysis, fundamental and technical. This type of analysis is a combination of trading.
During important news release technical analysis become vulnerable. That why both analyses are important.
Miembro desde Jul 23, 2020
posts 816
Jan 28, 2021 at 11:33
bewtungay posted:
I believe in not taking different directions for analysis because it can confuse you. For example if you go by the trends it can be going down but if you go by the indicators it can give you a different story.
I think that it is also confusing to use several indicators at one chart in technical analysis.
Miembro desde Jul 20, 2020
posts 278
Jan 28, 2021 at 19:00
In forex market, you need to make all your decisions perfectly and properly. You should be very careful about the timing. A movement in a wrong time can put you in great danger.
Feb 02, 2021 at 09:58
Fundamental and technical both are important to win any trade. Fundamental analysis will help you to check the market movement and technical analysis will help you to open and close trade at the right time.
Undoubtedly, both are equally important for successful trading.
Undoubtedly, both are equally important for successful trading.
Miembro desde Jan 22, 2021
posts 124
Feb 09, 2021 at 11:51
Both are important according to me. I practice a lot on technical and fundamentals and find ways to connect both of them to make a trade strategy.
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