It's good if we can combine both fundamental analysis and technical analysis. I think only technical analysis can also be used for trading and many traders are making money including me. I just stay away from economic news release.
Dec 14 2020 at 13:15
If you don’t know what economic news will impact what pair, you have to avoid trading most of the time. I do not think its good idea.
In my trading I use both types of analysis. But technical is more suitable for me. Since with him I get a good result, and in percentage terms according to technical analysis, the percentage of successful transactions is about 70%.
both is good.
fundamental for analyse news, economy calendar, pivots, etc...
technical for resistance, supports, entrys, etc...
you need use both for high experience trading success.
enjoy bro.
fundamental for analyse news, economy calendar, pivots, etc...
technical for resistance, supports, entrys, etc...
you need use both for high experience trading success.
enjoy bro.
Cordially, SmatchBR.
Dec 17 2020 at 11:15
the combination of both is required to get the maximum from the trades. You the technical to decide entry and exit point and fundamental to check the market movements.
The more your practice, the more you learn.
No doubt technical analysis is important but for me economic news is equally important. I always keep a watch on upcoming economic events, either I check forexfactory or fxview reports.
Dec 30 2020 at 07:35
You are right. The combination of both technical and fundamental indicators are very important when it comes to trading. It is good to use both.
Undoubtedly, both types of analysis are very important for successful trading on the forex exchange. But each trader can use these analyzes differently to a greater or lesser extent. for example i use them about 70 to 30% (technical to fundamental)
Dec 30 2020 at 12:43
steve_25 posted:True. Sometime trader only depends on technical term and ignore fundamental which is not the proper way of trading.
No doubt technical analysis is important but for me economic news is equally important. I always keep a watch on upcoming economic events, either I check forexfactory or fxview reports.
Dec 30 2020 at 13:48
Fundamental analysis seems to me to give better trading results. Therefore, it is more popular among traders.
There are two types of analysis, fundamental and technical. This type of analysis is a combination of trading.
Jan 08 2021 at 09:22
Combining the two is a good way of trading. It creates a balance and it even increases the chances of a better trade.
Jan 09 2021 at 12:47
AliaDare posted:During important news release technical analysis become vulnerable. That why both analyses are important.
There are two types of analysis, fundamental and technical. This type of analysis is a combination of trading.
As for me, in order to achieve maximum success in trading, it is important to use two directions of analysis, then the result will be much better.
Jan 27 2021 at 09:17
Quange posted:The main consideration here should be that you're confident in whichever direction you take - whether it's fundamental, technical or a mix between the two.
As for me, in order to achieve maximum success in trading, it is important to use two directions of analysis, then the result will be much better.
Jan 28 2021 at 09:57
bewtungay posted:I think the best way to solve dilemmas of the decision is to use calculators by different brokers like Fxview, Pepperstone, etc. because they can help you to calculate risk in numbers. There are various screener scripts which help you to find the options and opportunities of the trades in the least expected places. This is the best way to analyse the market because ultimately you will be the decision maker of the trade verified by different scripts.
I believe in not taking different directions for analysis because it can confuse you. For example if you go by the trends it can be going down but if you go by the indicators it can give you a different story.
Jan 28 2021 at 11:33
bewtungay posted:I think that it is also confusing to use several indicators at one chart in technical analysis.
I believe in not taking different directions for analysis because it can confuse you. For example if you go by the trends it can be going down but if you go by the indicators it can give you a different story.
I think each analysis has it own essence that's why i can't say which one is above. Both fundamental and technical analysis are important.
Alisson332 posted:Different approaches to analyse the trade is difficult but also rewarding. I also believe that intuition is a great analytical tool.bewtungay posted:I think the best way to solve dilemmas of the decision is to use calculators by different brokers like Fxview, Pepperstone, etc. because they can help you to calculate risk in numbers. There are various screener scripts which help you to find the options and opportunities of the trades in the least expected places. This is the best way to analyse the market because ultimately you will be the decision maker of the trade verified by different scripts.
I believe in not taking different directions for analysis because it can confuse you. For example if you go by the trends it can be going down but if you go by the indicators it can give you a different story.
