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AniLorak
May 12 2017 at 04:19
917 mensajes
No doubt, there have so many successful Forex traders in this forum! So traders, what’s your opinion on this issue? What is the 1st step for newcomers? Technical or Fundamental? Yes, I know both are important, but now I am interested to know your opinion on this issue! Please share your opinion here!

mlawson71
May 12 2017 at 13:31
1487 mensajes
I think that initially it's good to read up the basics of both and then decide which one fits you better.

vontogr (togr)
May 12 2017 at 13:57
4862 mensajes
You cannot separate technical and fundamental analysis.
I suggest to focus on technical and use at least a bit of fundamental to avoid major economic news and counter trend trading.

mlawson71
May 13 2017 at 12:01
1487 mensajes
Good point. One can focus one of these but that doesn't mean they should - or can, for that matter - totally ignore the other.

alfredgervais16
May 15 2017 at 10:07
33 mensajes
AniLorak posted:
No doubt, there have so many successful Forex traders in this forum! So traders, what’s your opinion on this issue? What is the 1st step for newcomers? Technical or Fundamental? Yes, I know both are important, but now I am interested to know your opinion on this issue! Please share your opinion here!


you need the two philosophies to make better trades. first, you must understand the basics. these are good articles to start to.

technical analysis (https://www.fm-fx.today/technical-analysis/)
fundamental analysis (https://www.fmfxreviews.com/fundamental-analysis/)

Baldo (BaldoN)
May 15 2017 at 10:54
522 mensajes
Easier part is the technical analysis, but in fact the fundament (economic data, news, etc.) creates the trading environment.
bottom line: in both are important, but fundamental trading is a bit more difficult :)

MadBadDangerous
May 15 2017 at 14:46
9 mensajes
You need both really. I use fundamental analysis for direction and then technical set ups to time entries

mlawson71
May 16 2017 at 12:14
1487 mensajes
MadBadDangerous posted:
You need both really. I use fundamental analysis for direction and then technical set ups to time entries


What books did you read to educate yourself about fundamental analysis? I admit I only know the basics.

kieran (snapdragon1970)
May 16 2017 at 13:45
1944 mensajes
Both are needed, first fundamental second technical.

"They mistook leverage with genius".
ChenLipKeong
May 18 2017 at 12:18
38 mensajes
Whatever technical or fundamental it is, novice traders need to start from basic level! But obviously, they should practice both of them! Personally I think, fundamental analysis is much important than technical. So new traders need to spend their more time on news analysis! I started from fundamental technical!

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