Fundamental works 100%

Jan 29, 2021 at 14:44
2,243 Views
36 Replies
Member Since Apr 03, 2021   437 posts
Mar 30, 2022 at 23:32
All types of analysis have their own advantage and disadvantage, usually fundamentally used by the trader for long-term trading analysis, and technical analysis is used for a short-term trading plan, but no perfect type of analysis, that work a hundred percent, sometimes trader make the wrong decision. although before already opening up all kinds of fundamental analysis based on inflation, interest rate, macroeconomics, etc,
Member Since Oct 20, 2018   283 posts
Mar 31, 2022 at 21:07
I can`t agree to the title. From my experience I can say the technical to fundamental must be like the Pareto`s law - 80:20 in advantage of the technical analysis.
momchil_slavov@
Member Since Mar 17, 2022   29 posts
Apr 04, 2022 at 07:39
Due to high volatility in the market, many factors come into play like global and geopolitical aspects provide a view of the market and traders can then identify the movement of the latest market trend that generates signals. Long term traders use fundamental analysis to structure their trades as it gives them insight, well as short term traders use technical analysis. It relies on the trader.
Member Since Mar 11, 2022   51 posts
May 23, 2022 at 09:02
FXOday posted:
All types of analysis have their own advantage and disadvantage, usually fundamentally used by the trader for long-term trading analysis, and technical analysis is used for a short-term trading plan, but no perfect type of analysis, that work a hundred percent, sometimes trader make the wrong decision. although before already opening up all kinds of fundamental analysis based on inflation, interest rate, macroeconomics, etc,

Even though long-term traders prefer fundamental analysis, short-term traders should also prefer looking into fundamental factors or at least studying the economic calendar.
Member Since Oct 20, 2018   283 posts
May 30, 2022 at 21:01
jambeau posted:
FXOday posted:
All types of analysis have their own advantage and disadvantage, usually fundamentally used by the trader for long-term trading analysis, and technical analysis is used for a short-term trading plan, but no perfect type of analysis, that work a hundred percent, sometimes trader make the wrong decision. although before already opening up all kinds of fundamental analysis based on inflation, interest rate, macroeconomics, etc,

Even though long-term traders prefer fundamental analysis, short-term traders should also prefer looking into fundamental factors or at least studying the economic calendar.

From my personal experience it's not a strict rule.
momchil_slavov@
Member Since May 24, 2022   23 posts
Jun 03, 2022 at 11:25
Fundamental factors affect the movement of the and studying these factors and considering them while making trading decisions is very important.
Member Since Mar 11, 2022   37 posts
Jun 07, 2022 at 05:25
When you are a trader, I don’t think you need an in-depth knowledge of the market events happening around. You will be good with just the basic knowledge until the news is specifically about the currency pair or economy you are trading.
Member Since May 24, 2022   28 posts
Jun 07, 2022 at 12:41
Fundamental factors drive the market in a certain direction. It is very important to analyse these factors to anticipate the behavioural nature of the market.
Member Since May 30, 2022   27 posts
Jun 10, 2022 at 07:09
If I have to say this loud and clear, technical and fundamental analysis both are important to succeed in the process of trading. A trader must ahem the knowledge pertaining to both to be able to use whichever one works as the situations change.
Member Since Jun 02, 2022   32 posts
Jun 13, 2022 at 10:43
I agree. Fundamental works. But together with technical analysis, the outcome can be improved.
Member Since Feb 16, 2022   60 posts
Jun 14, 2022 at 07:12
Yes, technical analysis is less reliable but fundamental analysis really works well. In a fundamental analysis, a person forecasts the market considering outside news and other market conditions. So it provides traders with a dependable signal.
Member Since Aug 19, 2021   203 posts
Jul 28, 2022 at 12:16
Oh fundamental analysis is works. As the technical ones. But fundamental analysis is so confusing and requires very vast and deep knowledge. Technical wins in this regard. It is easier for traders and therefore it is used more often. Oh even I prefer technical analysis.
But technical analysis is more suitable for short-term trading. If you really like long-term trading, then yes, fundamental analysis will help. Go ahead.
Member Since Oct 20, 2018   283 posts
Jul 30, 2022 at 10:11
WhiteWitcher posted:
But technical analysis is more suitable for short-term trading. If you really like long-term trading, then yes, fundamental analysis will help. Go ahead.

I don't think so. I`m also a TA fan but using it for middle and long-term trading too. Also working good.
momchil_slavov@
Member Since Aug 19, 2021   203 posts
Aug 01, 2022 at 13:37
momo3HC posted:
WhiteWitcher posted:
But technical analysis is more suitable for short-term trading. If you really like long-term trading, then yes, fundamental analysis will help. Go ahead.

I don't think so. I`m also a TA fan but using it for middle and long-term trading too. Also working good.


Oh if it works for you ok. I have prefered intraday trading. And techncal analysis is excelent for me. But for long-term trading I do not have enogh knowledges I think. I need to spend more time studying fundamental analysis. And I need to do a more in-depth technical analysis than I do now.
Member Since Apr 18, 2022   55 posts
Aug 02, 2022 at 12:23
Fundamental Analysis helps to keep an eye on the release of economic data with the goal of trading the news. Since volatility can increase right after significant releases but I prefer to use sound risk management strategies.
Member Since Jul 19, 2022   22 posts
Oct 14, 2022 at 06:54
It is a well-known fact that the fundamentals of forex trading are the bases of trading forex. This is because the fundamentals are based on the underlying economic conditions of a country, which are always accurate. For this reason, many traders rely on the fundamentals to make their trading decisions.
Member Since Mar 11, 2022   51 posts
Dec 15, 2022 at 06:31
Zootaxy posted:
You don’t really need to know about the fundamentals. Knowledge of the price movements is enough to make good trades. The in-depth knowledge of the fundamentals is needed when you are using a long-term trading strategy.

In my opinion, both fundamentals and technicals are crucial depending upon your objectives. Fundamentals aren’t everything but they certainly hold some weightage.
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