Types of analysis

Dec 09, 2020 at 13:32
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12 Replies
Member Since Jul 19, 2020   749 posts
Dec 09, 2020 at 13:32
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.
Member Since Jul 19, 2020   742 posts
Dec 10, 2020 at 01:11
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.
Member Since Apr 25, 2020   115 posts
Dec 28, 2020 at 09:49
Technical and fundamental analysis are the most common ones to use, and indeed many people use one of them based on their trading style.
Member Since Dec 11, 2020   81 posts
Jan 20, 2021 at 11:35
You are missing out one more - Sentiment Analysis, although that is not popular these days because they are somewhat based on the sentiment of the market via bull or bear behavior which can be inaccurate sometimes.
Member Since Jul 23, 2020   696 posts
Jan 20, 2021 at 17:46
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.
Member Since Jul 19, 2020   742 posts
Jan 21, 2021 at 01:48
There are different types of analysis in Forex trading. Each one is making a profit through a different trading strategy.
Member Since Dec 28, 2020   167 posts
Jan 22, 2021 at 11:22
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.
Member Since Jul 19, 2020   310 posts
Jan 24, 2021 at 12:58
A system becomes simple when we understand it completely. There is a very deep link between a system and our mind. Something you just know you can't express it in words. When your instinct and system merge it becomes simple one.
Member Since Jul 20, 2020   286 posts
Jan 24, 2021 at 14:42
There are many types of analytics in trading, each of which uses different methods to make a trading profit. If you want to make money, you have to develop a strategy first.
Member Since Oct 20, 2018   283 posts
Jan 26, 2021 at 20:50
I`m more into TA.
momchil_slavov@
Member Since Feb 04, 2021   32 posts
Feb 11, 2021 at 09:17
I prefer the blend of fundamental and technical analysis.
Member Since Dec 16, 2020   6 posts
Feb 19, 2021 at 11:33
Yes and both of these are really important for trading, and nearly every trader should pay close attention to it.
Member Since Jul 23, 2020   816 posts
Jun 27, 2021 at 17:02
Don’t neglect the importance of analysis in trading.
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