I would like to know What are the two types of analysis and which is the best analysis and how to trade with it?
The two types of analysis are fundamental and technical analysis. Both are important.
There are countless ways to analyze the Forex market and make predictions. Among all those ways of analysis, these three types of Forex analysis are the most popular ones:
Technical analysis
Fundamental analysis
Sentiment analysis
Technical analysis
Fundamental analysis
Sentiment analysis
richard2 posted:
The two types of analysis are fundamental and technical analysis. Both are important.
Yeah. Those are the main ones.
It is best to treat them as complimentary rather than separate. I use fundamental analysis to get the long term trend and then use technical analysis to get my entries right
Technical analysis includes a large number of methods, ranging from simple visual analysis of graphs with reference to different graphic models, to the use of sophisticated computer analysis methods.
Fundamental Analysis is a comprehensive method of analysis and includes analysis of all fundamental macroeconomic indicators, monetary policy, political situation, social and natural phenomena, news, rumors and expectations, both in individual countries and on the world stage in general, in order to investigate the possible impact of the above aspects on currency movements.
As we have already written above, they shouldn't be considered separately as they connected.
Fundamental Analysis is a comprehensive method of analysis and includes analysis of all fundamental macroeconomic indicators, monetary policy, political situation, social and natural phenomena, news, rumors and expectations, both in individual countries and on the world stage in general, in order to investigate the possible impact of the above aspects on currency movements.
As we have already written above, they shouldn't be considered separately as they connected.
There are two types of analysis, technical and fundamental, they are both good in their own way, but you need to determine and work with the one that will be more convenient.
May 29 2020 at 12:53
Type 1 - Good analysis
Type 2 - Bad analysis
+Good analysis = assessing fundamental and technical signs from the market. Using good risk management technique
- Bad analysis = using no strategy and basing everything on gut instinct. Not using a stop loss.
Type 2 - Bad analysis
+Good analysis = assessing fundamental and technical signs from the market. Using good risk management technique
- Bad analysis = using no strategy and basing everything on gut instinct. Not using a stop loss.
May 30 2020 at 10:22
Technical and Fundamental, anyone in forex should already know this
Market Direction
