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
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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
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...
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.
They both are profitable also sometimes i see that technical analyzes say sell while fundamental analyzes say buy then it goes up because there was big news and i think the better thing is to analyze with technical analyzes and follow big news as it will affect on the movement of the pair.
i also think the same way with you.Quote:
Originally Posted by ShoSho
there are and there will always be a time where fundamental analysis and technical analysis clash.
and when they do, i guess i would rather go with technical analysis because people can hide bad news but the price on the chart don't and never lie.
I also start forex depending on technical and also spend many time to understand to indicator but after few time i understood the impact of news and now trying more depending on news . actually where there is no news and if news far then depending technical analysis and entering market.
I am fully agree with you because i also think when there is very first impact of news in market then when it released it may break everythings and then technical analysis go fails , so i think its always good to check atleast important news .
Tricky question! I will try to answer your question to the best. They both go together. you cannot sit with only one type of analysis and make constant profits. You need to keep a tab on both. If it happens that on a certain situation they give you opposite results, then better stay out of the market at that point of time. You cannot say which one is above the other.