Hi guys,
I am investing in FOREX since October 2013. I have no idea about Technical analysis but I am looking mostly in Fundamental analysis.
I got profits from the EUR fall because all fundamentals was showing that sooner or later this currency need to become weak.
I got also profits from the EURCHF when everyone gone bankrupt because it was obvious that this 1.2 limit applied by the central bank was costing billions of Euro and will break one day.
No I am analyzing the Australian economy to find our what could happened to the AUD.
Anyway, I think most of the people loosing their money with forex because they look the lines and the diagrams instead of looking in geopolitical facts and data driving the currency in reality. However a good technical analyst is always very helpful for the short time decisions and the entry and exit points. So I respect what they do and wish I could know this also.
I opened this post to see if there are other peoples looking into fundamental so to exchange opinions.
Theodoros
Low Leverage, long term trades, stay safe...