yes ,fundamental analyses wont be as accurate as tech analyses. fundamental gives over all idea but tech will be somewhat indepth. So a combination of both will give big results.
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yes ,fundamental analyses wont be as accurate as tech analyses. fundamental gives over all idea but tech will be somewhat indepth. So a combination of both will give big results.
Wherever you are looking for say a forex technical analysis and fundamental analysis of the dealers that their way is better than others. Every corner you will find on the internet forex traders a strong opinion on both sides of the forex trading. They are dealers that only the basic principles that govern the market, and that any hearing on the card, claiming only found by chance. On the other hand, there are people to respect for the forex technical analysis, traders out to argue, and because traders wary of the general laws of the market are found to predict future price movements.
i will say that both of the sides are important, fundamentals is a long term analysis, while the technicals can be short and long term. i think as we grow as a trader, we will be investing for a long period of time, we will be holding traders for longer than 1 day or a few hours. there is more profit in the long term than trading in the short term, so fundamentals are as important as the technicals
what you do is not wrong ,but i feel that you should learn fundamental analyses too.Although you can trade with tech as primary analyses and you can use fundamental for verifying the signals.This will boost up profits and also increase confidence level.
both fundamental and technical is necessary in forex...fundamental is only related to news while technical is related to analysis on some indicators techniques . but both same importance in forex
right bro....technical analysis has more accuracy than the fundamental....newbie dont know how trade with news since he is new to forex..so technical analysis good for whom who want to trade with certainity.
yeah both are vital part of the forex trading..as anyone of them cant be ignored..both analysis makes our trading easy to perform..so technical and fundamental has own importance
fundamental and technical both are important in ther forex..while most of the forex strategy depends on technical....coz it has accuracy..while in the fundamental there is only studies on economy..as i am newbies so i m weak in making analysis through economy..so i use indicators and some technics
yeah.......right.....most of trader prefer for technical ..coz it has more accuracy than fundamental..technical has technique to use of indicator and other theories of elliot and fibonacci...
Technical and fundamental analysis :
Analysis is Forex required tools to participate. Technical analysis is more important than Fundamental analysis. Although Forex market depend on fundamental base but Fundamental is main issue for move. Technical analysis is turning sentiment.
Fundamental issue shows in trend line, Technical analysis and trend line analysis both work same way.
Forex market very complicated but it's have dramatically view. So technical analysis work good. Without technical analysis is very hard to perform. I am now fully depend on technical.