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Importance of Fundamentals
Anggota Sejak Dec 01, 2020
2 pos
Anggota Sejak Jul 20, 2020
399 pos
Anggota Sejak Jul 20, 2020
341 pos
Anggota Sejak Jan 22, 2021
125 pos
Jan 30, 2021 at 09:47
Anggota Sejak Jan 22, 2021
125 pos
If you have enough knowledge of how the economy works, on what factors economic health of a country depends then I would say you can understand it in a better way. Try to understand the terms first, then you can go to look for the fundamentals.
Anggota Sejak Jul 23, 2020
759 pos
Feb 01, 2021 at 10:53
Anggota Sejak Jul 19, 2020
298 pos
For me both fundamental and technical analysis is good if we know how to use it. Problem is not comparing but problem is understanding. If we don't understand how technical and fundamental analysis works we will never going to learn how to trade in forex using analysis.
Anggota Sejak Jul 20, 2020
298 pos
Feb 08, 2021 at 12:06
Anggota Sejak Jan 21, 2021
48 pos
Forex fundamental analysis focuses on the overall state of the economy through various factors like interest rates, employment rate, GDP, international trade and manufacturing which can affect the value of a currency.
However, traders mostly ignore the fundamentals when trading currencies and focus only on the technical analysis.
For a broad market view, understanding both is very important in successful trading.
However, traders mostly ignore the fundamentals when trading currencies and focus only on the technical analysis.
For a broad market view, understanding both is very important in successful trading.
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