Fundamental and technical anylysis are very important for new traders and old traders. I think that you should learn both of them and test them on your demo account, after that you will chose the best kind for your trading.
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Fundamental and technical anylysis are very important for new traders and old traders. I think that you should learn both of them and test them on your demo account, after that you will chose the best kind for your trading.
new traders ko chiya kay woh news ko follow karain zayda say zayda taka woh aik achi trading karah sakain aur woh starting may he aik acha profit hasil karah sakain.Quote:
Originally Posted by aak
fundamental analysis tackles the market from the point of view economic data. In economics, it is theorized that certain economic data serves as indicators of the condition of the economy, growth or recession. (and currency strength is related to the economyQuote:
Originally Posted by aak
fundamental analysis would be best for a new trader and he or she should understand what he or she is doing, make sure that he knows what is happening in the trades that he is takign be sure t make trading interesting, thats how things work.
---------- Post added at 02:26 PM ---------- Previous post was at 02:23 PM ----------
but sometimes when you get to much exitmenet youc an be able to trade using a technical trading analysis, you can trade and know how you can do it. the best trading method is to be sure when and how to do it.Quote:
Originally Posted by ForexMarket
---------- Post added at 02:38 PM ---------- Previous post was at 02:26 PM ----------
a good trader makes sure that he can understand what trading is and make sure that you know when to enter and leave these market. a good way is to make sure that technical trading is done because they can trade with good trading strategies.Quote:
Originally Posted by enter
we must depend on technical analysis first because it,s important than fundamental analysis it make us know the direction of the market and make us put the trade in good enter but fundamental show you if there is news or notQuote:
Originally Posted by khanforex
firstly a new trade need both fundamental analysis for him to be able to read and understand the news and technical analysis for him to use indicators to understand price movement on the chart
Hi may I ask what are the three types of analysis you are talking about? So far I just know fundamental and technical analysis, wondering what is the third one? And ye technical analysis is useful for figuring out the trend, and helps you predicting what's gonna happen next. Anyway the more you know, the better you can deal with forex, in this business you just go to read as much as you can, and practice as much as you can.Quote:
Originally Posted by zafar3536
on the exchange market there are two type of analysis. The first EST analysis Fundamental EST A Other analyze the technique. in use of technical analysis of charts of different indicators to analyze technique helps you understand the changing market.
Yeah I agree, fundamental (you call it economical) and technical analysis are needed for any kind of traders with any kind of strategy almost, coz they are just basis of the basics, and you always need to stay updated with the current situation, which is maintained by reading news., And to make the decision of position you need some skill or idea of how the movement is going regularly.
i think new traders should follow some technical analysis because that analysis are working more accurately and best for new traders.but we can try fundamental because this type of analysis are basics of market.