Technical Trading or Fundamental Trading?

Jul 19, 2018 at 07:58
1,462 Views
27 Replies
Member Since Sep 10, 2016   10 posts
Jul 19, 2018 at 07:58
Which do you guys prefer? lets here what you have to say and we will give our answers afterwards.
SMILE.
Member Since Aug 27, 2017   994 posts
Jul 19, 2018 at 12:09
I see, you are new trader! Welcome in this trading industry! Listen, only technical or fundamental wouldn’t be enough. Here, you need a combo trading skill on both kind of market analysis.
keeping patience.......
Member Since Sep 10, 2016   10 posts
Jul 19, 2018 at 14:10
oh no lmao. i've been trading for 20 plus years. I'm NEW on this WEBSITE. I just wanted everyone's opinion.


SMILE.
Member Since Apr 06, 2018   254 posts
Jul 20, 2018 at 06:32
For me, earning money is more important than Technical Trading or Fundamental Trading. If you are earning money, in the long run, it doesn't matter. I believe any trading strategy is only 20% of your trading system and 80% is psychology and money management.
The market will trade through it’s path of least resistance .
Member Since Sep 10, 2016   10 posts
Jul 22, 2018 at 05:30
you have to incorporate both fundamental and technical strategies. And yes correct, psychology because your EMOTIONS will get the best of you. It took me years to get that under control. years! Money management, specifically MARGIN is one of the biggest factors especially trading forex!
SMILE.
Member Since Aug 27, 2017   994 posts
Jul 22, 2018 at 06:05
LongVision posted:
For me, earning money is more important than Technical Trading or Fundamental Trading. If you are earning money, in the long run, it doesn't matter. I believe any trading strategy is only 20% of your trading system and 80% is psychology and money management.

Your trading strategy is based on technical tool or anything else? Thanks in advance.
keeping patience.......
Member Since Sep 10, 2016   10 posts
Jul 23, 2018 at 06:59
yes but both. I use my proprietary technical tools setup and fundamental analysis. its working amazing for many years now.
SMILE.
Member Since Apr 06, 2018   254 posts
Jul 23, 2018 at 08:12
Adribaasmet posted:
LongVision posted:
For me, earning money is more important than Technical Trading or Fundamental Trading. If you are earning money, in the long run, it doesn't matter. I believe any trading strategy is only 20% of your trading system and 80% is psychology and money management.

Your trading strategy is based on technical tool or anything else? Thanks in advance.
I trade technical setup only no fundamental because I believe technical leads fundamentals.
The market will trade through it’s path of least resistance .
Member Since Sep 10, 2016   10 posts
Jul 26, 2018 at 06:27
that is true.. SOMETIMES... the problem is you have to be flexible in these markets...

this will be in my book... 'You know which is the best strategy in the world? ALL OF THEM'

I have that on my wall.

point is.. you have to incorporate BOTH at all times.. remember that or you will get burnt..

SMILE.
Member Since Aug 27, 2017   994 posts
Jul 26, 2018 at 06:48
kaneglobal999 posted:
that is true.. SOMETIMES... the problem is you have to be flexible in these markets...

this will be in my book... 'You know which is the best strategy in the world? ALL OF THEM'

I have that on my wall.

point is.. you have to incorporate BOTH at all times.. remember that or you will get burnt..



Absolutely agree on your last point! I see, which traders are working on both kind of analysis, they have such an amazing success ratio.
keeping patience.......
Member Since Sep 10, 2016   10 posts
Jul 26, 2018 at 10:21
Yes because the world is always changing and it affects the forex markets tremendously.
A chart cant see that. Nor can the fundamentals ignore the technical analysis or mathematical equations in those indicators or oscillators.

SMILE.
Member Since Sep 15, 2016   24 posts
Jul 26, 2018 at 10:22
i like to trade on technicals supported by the major fundamentals happening in the market.
Member Since Jul 26, 2018   9 posts
Jul 26, 2018 at 11:36
How do you go about doing you analysis and combining tech and fundamental analysis? I have always wanted to do it but never really knew how
gouldii
forex_trader_431941
Member Since May 23, 2017   8 posts
Jul 27, 2018 at 07:00
An economic calendar tells me 'when' to trade, a chart (and a bit of math) tells me 'how' to trade.
gouldii
forex_trader_431941
Member Since May 23, 2017   8 posts
Jul 27, 2018 at 07:01
An economic calendar tells me 'when' to trade, a chart (and a bit of math) tells me 'how' to trade.
Member Since Aug 27, 2017   994 posts
Jul 29, 2018 at 05:42
gouldii posted:
An economic calendar tells me 'when' to trade, a chart (and a bit of math) tells me 'how' to trade.

Well, may I know your favorite time frame? Thanks in advance.
keeping patience.......
Member Since Jul 27, 2018   16 posts
Jul 29, 2018 at 05:48
Why choosing one when both have its importance for us to use? Nah, I feel that both is required for good trading [both short and long term]. :)
gouldii
forex_trader_431941
Member Since May 23, 2017   8 posts
Jul 30, 2018 at 06:01
I'm trade AEST (00:00 + 10hrs). First thing in the morning 09:00, and the last thing of an evening 21:00.

- Find the correlations!
Member Since Aug 27, 2017   994 posts
Jul 31, 2018 at 12:53
gouldii posted:
I'm trade AEST (00:00 + 10hrs). First thing in the morning 09:00, and the last thing of an evening 21:00.

- Find the correlations!

Do you close your trades on daily basis? Or keep continuing?
keeping patience.......
Member Since Sep 10, 2016   10 posts
Aug 01, 2018 at 06:22
every trade is different ! no one is EVER the same. some go in minutes to hours some in days to weeks.
you have to be prepared for all scenarios the world doesn't move in straight lines!

keep your eye on the fundamentals of the pair or pairs you trade.. apply your technicals and you will thrive.. we control every single trade we do. 100% of the time... this is the key to success...

understand that a 'system' or 'strategy' is the beginning your emotions and every day news will affect you as well but NEVER EVER let the EMOTIONS be a part of the equation...

you will get in trouble for sure.
 
SMILE.
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