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Both fundamental and technical
Member Since Mar 16, 2021
447 posts
May 24, 2021 at 00:18
Member Since Mar 16, 2021
447 posts
Akasuki posted:
Both fundamental and technical analysis are important for forex trading. Even if you do technical analysis trading, you also need little bit of fundamental analysis.
Yes, you are right. Trading profits are very difficult without a combination of fundamental and technical analysis.
Member Since Aug 05, 2021
394 posts
Sep 25, 2021 at 16:10
Member Since Apr 06, 2021
8 posts
Both kinds of analyses are important and may give you the total understanding of the market. However, in most of the cases I am quite skeptical about fundamental analysis in forex market. I mean that there are so many different factors which may influence currency prices, that it is next to impossible for me to follow all the news which may be important. So, I actually do technical analysis and it helps a lot. Fundamental analysis works well before some major events like NFP or something like that. It is capable of giving you insights of what is going to happen.
Member Since Jun 14, 2021
51 posts
Member Since Mar 17, 2021
494 posts

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