Fundamental analysis will always
Mar 23, 2021 at 13:37
Vistas 614
10 Replies
Mar 23, 2021 at 13:37
Fundamental analysis will always help us determine which pairs that we want to trade with all the time. Fundamental analysis is the backbone of what will drive prices. We should keep up with it daily like reading nfp news or economic news for the currencies that we are trading with. Also, we must know technical analysis and know how to tread charts cause that is what we got to hep us trade so look at all charts with great diligence so you can gain more leverage over your trades.
Miembro desde Jan 22, 2021
posts 125
Mar 24, 2021 at 08:54
Yes you're right. That's why I always stick to the economic calendar for the major events.
Mar 24, 2021 at 10:32
Michihito posted:Thats true... One cant simply wake up in the morning at begin trading without having knowledge regarding fundamental analysis. A trader needs to be up to date with major market events.
Fundamental analysis will always help us determine which pairs that we want to trade with all the time. Fundamental analysis is the backbone of what will drive prices. We should keep up with it daily like reading nfp news or economic news for the currencies that we are trading with. Also, we must know technical analysis and know how to tread charts cause that is what we got to hep us trade so look at all charts with great diligence so you can gain more leverage over your trades.
The more your practice, the more you learn.
Miembro desde Jul 23, 2020
posts 869
Apr 04, 2021 at 15:03
UweMoench posted:True. I also agree with you. Learn the proper way to analyze the market. Also, focus on both technical and fundamental not just one.
Yes fundamental is important but it requires a lot of study to learn. It is not just about news trading. It tells us the future direction of a currency.
Miembro desde Jul 23, 2020
posts 759
Apr 04, 2021 at 15:13
In my opinion, fundamental analysis is essential for all kinds of trading strategies, especially for new trading.
Miembro desde Mar 16, 2021
posts 477
Apr 05, 2021 at 00:46
From my experience, I think trading without fundamental analysis is more likely to lead to big losses. Because during the news, the market is in a volatile state. In this situation, if there is no knowledge about the fundamentals, it will be very difficult to do the analysis.
Miembro desde Mar 17, 2021
posts 536
Apr 14, 2021 at 18:32
patriciablack posted:For me, both fundamental and technical analysis is needed to survive in this risky market.
I think pairing it with the technical analysis is a better option for any trader.
Miembro desde Jan 05, 2021
posts 11
Apr 23, 2021 at 05:09
Yes, fundamental analysis is very helpful in forex especially when you pair it with technical analysis.
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