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.
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.
Yeah it is 100% correct! Isn’t it great? Many forex traders rely on technical analysis when making trading decisions. However, fundamental analysis can also be a really useful thing, particularly when it comes to long-term forex trading. A Trader's technical analysis is not sufficient to make profitable trades if he neglects fundamental analysis.