Fundamental stuff

Feb 07, 2019 at 07:21
1,153 Views
21 Replies
Member Since Dec 09, 2016   49 posts
Feb 07, 2019 at 07:21
This topic is for people who prefer trading by the fundamentals and care to share trading ideas, experiences, etc....
If you think that trading solely following technicals is nonsense then this is your place to discuss anything.

Please don`t come arguing for the technical approach, it`s not the topic for that, I know it has it`s value, but not on its own. The value of a country`s currency will never really change just because this MA crossed that other MA or because it reached this or that fib level or whatever. When the price really moves, it always has it`s fundamental reason.

I see most people here are all about robots and technical strategies, but i just don`t think that professional traders using those to make money. that is mostly for the losing 90%, no surprise it`s advertised everywhere.

So if you`re trying to follow the fundamental approach, please come in and share whatever you like.
Member Since Apr 18, 2017   920 posts
Feb 20, 2019 at 07:03
Interested; wanna know more from you! good attempt mate.
Member Since May 10, 2019   27 posts
May 13, 2019 at 14:00
I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL
Member Since Aug 27, 2017   994 posts
May 31, 2019 at 20:32
Anayallador posted:
I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL

That’s the ultimate result with robot based trading; till now I prefer manual trading! because, it looks realistic!
Member Since Apr 18, 2017   920 posts
Aug 26, 2019 at 16:54
Adribaasmet posted:
Anayallador posted:
I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL

That’s the ultimate result with robot based trading; till now I prefer manual trading! because, it looks realistic!

Agree with you; depending on own trading skill is the key! New traders shouldn’t buy any EA or 3rd party based trading system!
Member Since Jul 20, 2020   341 posts
Dec 10, 2020 at 18:09
Knowledge about Fundamental analysis is very important to make money from this market. You can not survive in this market without proper knowledge and skills.
Member Since Apr 15, 2020   219 posts
Dec 23, 2020 at 10:54
According to my point of view fundamental analysis is also important like technical analysis. It is a way of looking at the forex market by analyzing economic, social, and political forces that may affect currency prices. Without fundamental analysis it’s hard to analyze market sentiments.
The more your practice, the more you learn.
Member Since Jul 23, 2020   869 posts
May 29, 2021 at 13:34
Fundamental is as important as technical analysis. But traders often neglect this one.
Member Since Jul 19, 2020   751 posts
May 31, 2021 at 12:22
Fundamental analysis is important but not 100% required. It needs a lot of study to understand fundamental of a currency. If you are very good at technical analysis, you do not need fundamental much.
Member Since Jul 19, 2020   788 posts
May 31, 2021 at 16:43
I trade with technical analysis. But I try to trade by following the fundamental news. If combine the two things, the profit percentage is much better.
Member Since Dec 28, 2020   187 posts
Jun 01, 2021 at 06:44
Yes, fundamental analysis is also important for trading. You can not make sure that only with technical analysis you will make profit, as if there is any event release the market becomes much volatile and your technical analysis won’t work at that time.
Member Since May 31, 2021   13 posts
Jun 01, 2021 at 09:25
I prefer using a combination of Fundamental Analysis and Technical Analysis. On the fundamental front, I give a lot of importance to economic data of G7 nations and China and when it comes to identifying trends and making entry/exit decisions, Technical Analysis is the tool that I refer to.
Member Since Jan 22, 2021   125 posts
Jun 02, 2021 at 09:45
I think, we should see both factors fundamentals and technical if you are swing trader.
Member Since Jun 30, 2020   90 posts
Aug 06, 2021 at 06:13
Those who know how to combine 2 two always have more advantages and a greater likelihood of a good income
Member Since Mar 28, 2021   617 posts
Nov 05, 2021 at 11:12
Both fundamental and technical analysis are important. If you want to trade purely based on technical, you need to avoid trade around big news events.
Member Since Jul 19, 2020   751 posts
Nov 05, 2021 at 12:34
@Akasuki Along with fundamental and technical analysis skills, a trader must know about trading psychology. It's the most neglated but most important thing in forex trading.
Member Since Aug 05, 2021   401 posts
Nov 05, 2021 at 14:39
I've always implemented fundamental and technical analysis. I feel that it gives more of an advantage and want to get as much information as possible before risking any amount of money.
Member Since Mar 16, 2021   477 posts
Nov 08, 2021 at 04:57
A combination of technical and fundamental trading is required. The profit ratio is good. And there are many benefits to doing analysis.
Member Since Jul 20, 2020   399 posts
Nov 08, 2021 at 13:02
LukeRachel posted:
A combination of technical and fundamental trading is required. The profit ratio is good. And there are many benefits to doing analysis.

Id only use fundamentals to know when to stay out of the market rather than informing a trading decision unless its a long term position trade :)
Member Since Apr 27, 2019   22 posts
Nov 09, 2021 at 14:44
I personally prefer fundamental analysis because it's easier for me to orient in news and various economic calendars, rather than in indicators/patterns and figures. You can form a solid sum of money for your pension, then if you don't have a time to dedicate it to trading activity, then always choose long-term trading. Investing, in my opinion, is something better than depositing in banks. Depositing brings you a very small amount of percents withing a year, while investing can possibly bring you up to 30-50% from your initial deposit. Of course, it requires lots of patence and thorough analysis of assets which you consider as the main in your investing activity.
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