Both fundamental and technical

In my opinion, those who want to achieve results should be able to work with both technical and fundamental analysis.

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.

Like many others, I think it’s important to combine the two to get the best results. Having as much information as possible undoubtedly helps us to make better, more informed trading decisions.

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.

Both fundamental and technical analysis are important in trading. Trader can ignore one only at his own expense.