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the experienced forex traders suggest that we can understand and carry out technical and fundamental analysis is good and right, because by having good analytical skills would be more easier for us in the conduct of trading transactions that benefit is relatively more available.Also fundamentally and technicality do help a lot as a type of market watch and gets you know the limit of movement on a type of news which do effect the pair.
The best method of analysis for forex trading is a combination of technical and fundamental analysis. Every trader should know a little of both to survive. Even if a trader wants to keep solely to technical or fundamental analysis, it is necessary for traders to have knowledge of the other in order to provide better information about how to use the proper choice of analysis methods. For example, making the correct entry for fundamental news lasted only be achieved by adhering to the dictum forex "trading monitor fundamentally, technically entering a position." The emergence of the signal in technical analysis based trading news monitoring can assist in conducting market entry and exit properly.
Technical analysis and fundamental analysis both are very important in the forex trading. These analysis are paying the vital role in the trade. Those traders are applied them in their trade also earn the profit in their trade.
i think Fundamental ka effect to waqaei long term may kafi kam hota hay, laykin phir bhi ham fundamentals ko nazar andaaz nae ker saktay.
iss laiy behter yehi hay kay agar koi bhi trader scalping ye day trading kerta hay to wo news ko lazmi samnay rakhay.
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Muja lagta hay Technical analysis is best for me in Forex because mainly people and mere friends ko yehi use karte hue dekha hai , because technically analysis karne se jyada deeply ja sakte hai understanding bhi easy se hoti hai.
However fundamental has more impact on price movement.
That is why traders do not use technical analysis when trading during announcement of high impact news.
only after prices atabilize then they will start looking at technical analysis again.
:D
Understanding and an explanation is necessary in order to succeed. Good dealer is based on technical and fundamental analysis. And both analysis complement each other. In addition, these feelings of traders is also a very important factor in a store
when selecting fundamental and technical analysis, everything can be used but when we we also need technical trading, fundamental analysis because if we are trading technically but it turns out there is high impact news we could lose big
well very good thread...technical and fundamental. looking for info about the release of news that affects the price fluctuations, but do not do the OP before the news was released. wait a moment until the passing of time while observing the graph, if already done OP effect immediately because the trend is happening must be very strong...
Forex can make you rich quickly. I much prefer to use technical analysis, because I do not really know about the fundamental news. I agree with your opinion and when we can control both the analysis of this market then we will understand when working technical analysis. echnical analysis is best for me in Forex and I see that most of the traders in the forex rely upon in their analysis of the Forex. Apply safe strategies.........