sarahlawrence posted: Everyone has different ways of approaching trading. But I find both FA and TA to be very important for successful trading. Fundamental analysis will tell you about what is happening in the economy and markets whereas technical analysis helps in deciding the right entry and exit points in the trade. So, pay attention to both of them.
Did you mean, FA for fundamental analysis & TA for technical analysis? Or anything else?
- Yeah that's right. Fa is for fundamental analysis and ta for technical analysis. I should have mentioned that. My bad! I hope I did not confuse you
find a chart service that shows the Dollar price movement. This affects all the pairs which include the dollar and many other pairs have some reaction to dollar movement. This is the most fundamental information that will let you know which direction the Big Boys are going to move dollar pairs.
I think the result will be much better if you trade with a combination of fundamental and technical analysis. However, more priority should be given to technical analysis. I have made a lot of profit from the market by using technical analysis.
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