Both technical and fundamental analysis are important for any trader to trade in these markets and no one of them can be ignored or left out and rather they both work hand in hand and go together while trading in the markets .
Printable View
Both technical and fundamental analysis are important for any trader to trade in these markets and no one of them can be ignored or left out and rather they both work hand in hand and go together while trading in the markets .
I think for new traders in forex trading analysis uses a simple and easy to understand him. maybe i would suggest to use tekhnikal analysis using indicators MA, and indicators fibonachi. indicators that can provide good trading signals and easy to use
i feel that for a newbie its always good to have a combination of technical and fundamental analysis.
first tech analysis and then fundamental for confirmation.i find this the best solution.
the new traders if follow the news is the best but all u know that on the news u r not able to trade on that time. so the best way is technical analyis. its given 8/10 success result. so use this analysis with moneymangement skill .. if u r not follow the moneymanagement system then may be u r the one of the lossers . cause 95% lossers are not use this . and so they face this.
Fundamental Analysis, Technical Analysis and Sentimental Analysis. Here are the three type of precious analysis in Forex. But, I would like to do Technical Analysis and Sentimental Analysis most. adahidayat- According to comment I have got some few words for you, Life ain't sun shine and rain bows. We are here to Trade professionally. And I believe that there is no such word newbie in professional life. I faced that same hard stuff earlier, I felt bored. But, still am sticking with it cause I have my own dreams I do follow my dreams.
Technical analysis is very good for predicting the market, to do so already there are many indicators that you can use. but, better than tkenikal analysis, you also must always be alert with fundamental conditions. because, it is fundamental that could move the market in a short time.Quote:
Originally Posted by sinaga
mien samjhta hun new trader ko technical analysis per ziaada dehaan dena chahiye kunki fundamental trading kerna koi asaan kaam nehi hey, or is mien peta nehi hota k entry price kya hey aur exit price,is liye yeh kaafi risky hey, lekin technical trading itni mushkil nehi hey bes aap ko strong strategy benany hey or us per hi kaam kerna hey
main to app ko yahi mashwera doun ga k app es main dno he taran k analysis use karo yeni k fundaamentals or technicals ye dono app ko long term or short term trading main kafi help karen ge
it is hornlike to do theoretical analysis and it is bad to grip it so i suppose that newbie should only do fundamental analysis and book everything mortal because it faculty be harsh to take both fundamental and discipline analysis at the one measure
I think technical analysis is suitable for new trader. Because misunderstanding the effect of news may fall you great loss which is an important part of fundamental analysis. But follwing the technical analysis you can open a trade for short time and come out according to analysis within short time. Thus you can trade with small investment.