Fundamental analysis will always

Fundamental analysis will always help us determine which pairs that we want to trade with all the time. Fundamental analysis is the backbone of what will drive prices. We should keep up with it daily like reading nfp news or economic news for the currencies that we are trading with. Also, we must know technical analysis and know how to tread charts cause that is what we got to hep us trade so look at all charts with great diligence so you can gain more leverage over your trades.

Yes you're right. That's why I always stick to the economic calendar for the major events.

Michihito posted:
Fundamental analysis will always help us determine which pairs that we want to trade with all the time. Fundamental analysis is the backbone of what will drive prices. We should keep up with it daily like reading nfp news or economic news for the currencies that we are trading with. Also, we must know technical analysis and know how to tread charts cause that is what we got to hep us trade so look at all charts with great diligence so you can gain more leverage over your trades.

Thats true... One cant simply wake up in the morning at begin trading without having knowledge regarding fundamental analysis. A trader needs to be up to date with major market events.

Yes fundamental is important but it requires a lot of study to learn. It is not just about news trading. It tells us the future direction of a currency.

UweMoench posted:
Yes fundamental is important but it requires a lot of study to learn. It is not just about news trading. It tells us the future direction of a currency.

True. I also agree with you. Learn the proper way to analyze the market. Also, focus on both technical and fundamental not just one.

In my opinion, fundamental analysis is essential for all kinds of trading strategies, especially for new trading.

Without fundamental news, the momentum in the market can never be seen properly. I do technical analysis but if I trade with a combination of fundamentals, the result is much better.

From my experience, I think trading without fundamental analysis is more likely to lead to big losses. Because during the news, the market is in a volatile state. In this situation, if there is no knowledge about the fundamentals, it will be very difficult to do the analysis.

patriciablack posted:
I think pairing it with the technical analysis is a better option for any trader.

For me, both fundamental and technical analysis is needed to survive in this risky market.

Yes, fundamental analysis is very helpful in forex especially when you pair it with technical analysis.