What are two types of analysis?

Apr 23, 2020 at 05:24
1,694 zobrazení
37 Replies
Členem od Jul 20, 2020   232 příspěvků
Aug 31, 2020 at 12:08
In forex, there are two types of analysis. One is Fundamental analysis and another is Technical Analysis. To make profit from this market, both are very important. But as a new trader, you can start with fundamental analysis.
Členem od Jul 19, 2020   788 příspěvků
Sep 07, 2020 at 01:09
There are many types of analysis in the Forex market. Such as Technical Analysis / Fundamental Analysis / Sentimental Analysis Of these 3 types of analysis, Technical Analysis, and Fundamental Analysis seem better to me. Fundamental is the analysis of the economic condition of a currency. Technical analysis is support and resistance, context, divergence, etc. If these two analyzes can be combined to trade, then the trading results will be much better. More information on Technical Analysis and Fundamental Analysis can be found online.
Členem od Sep 07, 2020   63 příspěvků
Sep 07, 2020 at 07:08
I believe there are two types of analysis. Technical Analysis and Fundamental Analysis.
There is also third one which is rarely mentioned, it is Sentimental Analysis
Členem od Feb 07, 2020   41 příspěvků
Sep 08, 2020 at 09:15
There are two types of analysis 1. Technical Analysis and 2. Fundamental Analysis.
1. Technical analysis is more concerned with analyzing price movement by charts. This evaluation helps in the prediction of future price movement which helps to spot the opportunity to successfully enter and exit the market with profit.

2. Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect currency prices. ... Using supply and demand as an indicator of where price could be headed is easy.
Členem od Aug 17, 2020   123 příspěvků
Sep 08, 2020 at 10:23
LeadPellet posted:
Type 1 - Good analysis
Type 2 - Bad analysis

+Good analysis = assessing fundamental and technical signs from the market. Using good risk management technique
 
- Bad analysis = using no strategy and basing everything on gut instinct. Not using a stop loss.

I second this, I like this way of thinking.
Členem od Apr 15, 2020   219 příspěvků
Sep 11, 2020 at 05:59
Dictiony posted:
I would like to know What are the two types of analysis and which is the best analysis and how to trade with it?

There are 2 types of trading analysis.
Fundamental Analysis
Technical Analysis

The fundamental analysis are focused on the fundamental factor that effects the price of the instruments. Every action that takes place in the economy in some or the other way effects the price movements. As per the DOW Theory, market discount everything on the charts, and studying these factors and analysing the trends is fundamental analysis.

On the other hand, Technical analysis are focused on the technical patterns, averages, correlation, matrix etc to determine the market trends.

As a beginner, one must focus on the fundamental analysis and develop a strong base.
The more your practice, the more you learn.
Členem od Sep 07, 2020   7 příspěvků
Sep 11, 2020 at 10:11
OMG that's too hard to explain you what should you choose... there are 2 types of analysis:
1. Technical analysis.
2. Fundamental analysis.
The second one is more difficult to understand and most traders try don't use it. But without fundamental analysis you can't see the full market situation. but if you're not fulltime trader you can use technical analysis only. But as I told before it doesn't show the full picture !
candlesticks talks to me
Členem od Jun 30, 2020   47 příspěvků
Oct 19, 2020 at 10:54
Fundamental and technical. And both are absolutely necessary for sustainable profits.
Členem od Jul 19, 2020   318 příspěvků
Oct 21, 2020 at 10:43
Basically there are two types of analysis in the forex market. One is Fundamental Analysis, and another is Technical analysis.
Členem od Jul 23, 2020   759 příspěvků
Oct 23, 2020 at 17:48
AliaDare posted:
There are many types of analysis in the Forex market. Such as Technical Analysis / Fundamental Analysis / Sentimental Analysis Of these 3 types of analysis, Technical Analysis, and Fundamental Analysis seem better to me. Fundamental is the analysis of the economic condition of a currency. Technical analysis is support and resistance, context, divergence, etc. If these two analyzes can be combined to trade, then the trading results will be much better. More information on Technical Analysis and Fundamental Analysis can be found online.
I know about technical analysis and fundamental analysis. But what is the sentimental analysis? Can you explain it for me?
Členem od Aug 17, 2020   123 příspěvků
Nov 02, 2020 at 07:25
SofieAndreasen posted:
AliaDare posted:
There are many types of analysis in the Forex market. Such as Technical Analysis / Fundamental Analysis / Sentimental Analysis Of these 3 types of analysis, Technical Analysis, and Fundamental Analysis seem better to me. Fundamental is the analysis of the economic condition of a currency. Technical analysis is support and resistance, context, divergence, etc. If these two analyzes can be combined to trade, then the trading results will be much better. More information on Technical Analysis and Fundamental Analysis can be found online.
I know about technical analysis and fundamental analysis. But what is the sentimental analysis? Can you explain it for me?

Sentiment analysis is when we look at the general attitude of traders/investors towards certain assets. In general (not specific to forex), for example, the state of the economy can influence how much investors are willing to take risks - if the economy is struggling, that often results in a 'risk-off' sentiment, when people are less likely to choose high-risk assets and invest more in things like bonds. On the contrary, when the economy is thriving, the sentiment might be more 'risk-on', meaning high-risk assets are more popular. This way knowing the general opinions and sentiments that dominate in the markets can be useful in predicting market moves.
Fundamental analysis and sentiment analysis are also connected. With an example from the forex market, when Brexit started happening, for a while there was a negative market sentiment about GBP which drove many people to sell, sending the price low. The terms 'bullish' and 'bearish' also come from sentiment analysis.
Členem od Apr 15, 2020   219 příspěvků
Nov 02, 2020 at 10:17
Technical analysis is dependent on past price movement data to predict a currency pair's future value. Traders focus on charts of price movement and different analytical tools to evaluate a currency pair's strength or weakness. In most of the cases, traders recognize repeated patterns, which they use to predict the movement of the market.

​​​​​​Fundamental analysis is dependent upon analysing current factors, predicting future factors, which can affect a country's economy. In fundamental analysis, traders analyse factors such as a country’s inflation rate, interest rates, GDP, and other economic indicators.
The more your practice, the more you learn.
Členem od Jul 19, 2020   318 příspěvků
Nov 02, 2020 at 11:09
There are two types of analysis. One is Fundamental analysis and another is Technical analysis.
Členem od Jul 25, 2019   10 příspěvků
Nov 02, 2020 at 11:38
People have covered the two types of analysis but it is very important to use BOTH. just using one is like trying to juggle with one hand tied behind your back
Členem od Nov 02, 2020   57 příspěvků
Nov 02, 2020 at 12:17
The most important thing is that these 2 analyzes work and bring good results, you just need to decide which one will be easier to trade with.
Členem od May 24, 2020   112 příspěvků
Nov 07, 2020 at 12:17
Something new always takes a certain amount of time to learn.
Členem od Jun 30, 2020   90 příspěvků
Nov 08, 2020 at 14:09
This is the right approach, so you can achieve quick results.
Členem od Jul 23, 2020   869 příspěvků
Nov 15, 2020 at 13:26
Duktilar posted:
Something new always takes a certain amount of time to learn.
I think trader should spend some of their time to learn new aspect of trading. Learning is a never ending process.
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