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Types of analysis
Dec 09, 2020 at 13:32
Miembro desde Jul 19, 2020
posts 749
There are two noteworthy analysis for trading. Those are technical analysis and fundamental analysis. A few traders utilize technical analysis as their trading instrument, some are utilizing fundamental analysis for their trading. Also, there are traders who consolidate both technical analysis and fundamental analysis for their trading.
Dec 10, 2020 at 01:11
Miembro desde Jul 19, 2020
posts 742
UweMoench posted:
There are two noteworthy analysis for trading. Those are technical analysis and fundamental analysis. A few traders utilize technical analysis as their trading instrument, some are utilizing fundamental analysis for their trading. Also, there are traders who consolidate both technical analysis and fundamental analysis for their trading.
I also trade with technical analysis. But when I do technical analysis it combines fundamentals.
Miembro desde Jul 23, 2020
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Jan 20, 2021 at 17:46
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forextrader777 posted:
1. Technical Analysis - The probability of future prices is determined by studying historical price movements. It is done with the help of charts and graphs.
2. Fundamental Analysis - It determines how the currency prices are affected by economic, social and political factors of any country.
3. Sentiment Analysis - The opinion of traders matters a lot and what position they are taking directly creates the sentiment of the market. So it can be determined whether the market is bullish or bearish based on the sentiment of the market.
Nicely said. Every trader should follow all three analysis.
Jan 22, 2021 at 11:22
Miembro desde Dec 28, 2020
posts 167
Technical analysis is dependent on past price movement data to predict a currency pair's future value.
Fundamental analysis is dependent upon analyzing current factors, predicting future factors, which can affect a country's economy.
Sentiment analysis is based on how many people are buying or selling a particular currency, or their thoughts about which direction a currency will go.
Fundamental analysis is dependent upon analyzing current factors, predicting future factors, which can affect a country's economy.
Sentiment analysis is based on how many people are buying or selling a particular currency, or their thoughts about which direction a currency will go.
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