As we know Analysis in Forex trading consisting of 3 kinds of analysis, All I know is This 3 kinds of analysis relate to each other, but, which one You prefer? or maybe you use All of them ? ;)
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As we know Analysis in Forex trading consisting of 3 kinds of analysis, All I know is This 3 kinds of analysis relate to each other, but, which one You prefer? or maybe you use All of them ? ;)
In my experience in forex that 3 analysis are more important, a particular period one is best. Day by day forex trading you understand that when the situation which analysis is best. So practice more and more and never frustrated in forex trading, stay with forex trading, you must be success in near future.
i have been trading with using technical analysis as my method to know the trend of the market and i think there are many traders do the same thing with me,
and i agree if the fundamental is great methods then many traders get their good profit with it but for it need good ability to read the news and here is my weakness, i have to learn much about it and i want to combine technical analysis with fundamental, i believe that the results will be great
mostly all the traders will start with technical analysis and then it is followed by fundamental analysis.
and the dominant one is also determined by type of trading.
mostly scalpers will do technical analysis.
but i think all of them is important, actually when you do analyze with both technical and fundamental analysis tools you see the power :) each of them alone will be a weak tool to predict the trends and market
Actually i use 3 kinds of analysis depend on market condition.But normally i follow technical analysis.Although i follow technical analysis but sometime i use sentiment analysis.
Actually i prefer technical analysis most.By gaining experience from trading is helping to select what analysis best.
sure of course to understand fundamental news you need knowledge, It's not easy to mastered fundamental but once you know it you'll be able to raise your advantage in trading . If you ask me, which is more important I'll answer All of them is important, because All of them are the 3 pillars of Forex Market Analysis . Sentiment analysis is one we might be hard to understand or perhaps you never heard about it, but for me still the first of all, I'm using technical Analysis as entry decision and fundamental + sentiment as consideration . Still our mission is to reach profit as high as we can :yahoo:
for me firsty i use technical analysis it"s very importan for me because i determinet trend is he uptrend or downtrend and ressistance/suport . if i finished i use fundamental analysis for exemple taux , industry the news wish is important finaly i use sentiment analysis but just 20%
I use them all for my trading. For common time i use technical to help me decide entry trade. But in news time i will simply switch to fundamental analysis. And for sentiment, as long i know sentiment analysis we used everytime in our trade. Because sentiment connected with psychologi all trader and that can see in chart or moves after news.
the more dominant is the technical analysis because technical analysis is based on market conditions occur, while the sentiment and fundamental analysis is based on estimates, and the result will only be felt immediately after or before the news was released. whereas technical analysis will follow whatever happens on the market.
At the beginning of the day first of all I see the technical forecast and then I himself analysis the forecast of the pairs which I want to trade. I put the pending orders where I want to open trades, so I am satisfied my trading style but I change my strategy time to time with respect to market trend.
i accede if the fundamental is abundant methods again abounding traders get their acceptable accumulation with it but for it charge acceptable adeptness to apprehend the account and actuality is my weakness, i accept to apprentice abundant about it and i wish to amalgamate abstruse assay with fundamental, i accept that the after-effects will be great
I think it is more real to use fundamental analysis, fundamentals are those which really change the worth of a pair or instrument, on 2nd number i would put sentimental analysis that can help you more profits and technical analysis can only help you make short term profits but bearing more risks.
I had been more often met people who prefer to use technical analysis ..
fundamental and it is very rare to meet with me always follow the trend ..
perhaps the most dominant is the technical analysis, as many traders who use it. but in my opinion, more fundamentally important influence on the movement of market prices. fundamentals will be able to change volume with the market prices are very aggressive and very difficult to be analyzed using technical
Well I feel that all the three of them are important for a trader to trade but still I think that technical is the most important of all because it gives you the knowledge about the market trends and other trading factors.
we ought to be temperament within the activity is belike deed to be prompt to get clear withal should comfort be on series money management, don't hit minded notwithstanding ease out of blood of money management, it getable can also be an fantabulous going.
I feel Technical analysis is more dominant on the market as it is easy to learn and understand for the newbies. I believe most of the traders who start there trading journey, will begin with this Technical analysis only and later may migrate to Fundamental and Sentimental analysis.
All kinds of analysis are important.Every analysis have different role in forex market.So, you can not neglect anyone.Technical, Fundamental and sentimental all kinds of analysis are needed to make profit.
From my experience of trading, the most dominant analysis in forex trading is Technical Analysis, when compared with Fundamental analysis and Sentiment analysis.
because I am not too familiar with the fundamental analysis
I more often use technical analysis alone
due to a simple understanding, and not confusing
I think that the most dominent one of these is the fundamental analysis and that is due to its realtime effects on the global economies...
I would say that fundamentals affect the market with their high impact on world greatest economies.
i think each others will be more good at trading result if traders can know all of that three things at analysis,each will always have relationships
and i believe if we know about all of that,we can get more chance,than only focused in one analysis,to makes other options in decisions
when the market experienced a slowdown or acceleration we can trade any time pundamental usually seen pundamental time and usually for long-term trading, but if we are short libertine tradaing with more technical due to the technical use we can make a profit, although slight but consistent and continuous so that over time will become much too which we must always keep the margin should not be open until the position is too much margin being critical because it must be constantly maintained with lots of leverage and measurable in this trading.
I would give more weighatate to fundamental analysis and sentimental analysis keeping fundamental analysis at top as this is what decides the final price in long term, technicals though may help in short term and day trading a bit.
i have been trading with using technical analysis as my method to know the trend of the market and i think there are many traders do the same thing with me,
and i agree if the fundamental is great methods then many traders get their good profit with it but for it need good ability to read the news and here is my weakness, i have to learn much about it and i want to combine technical analysis with fundamental, i believe that the results will be great
mujh lagta hai kay most trader jo hain woh suggest karta hai uses technical analysis aur its really works and it study the market scientifically and can read the app apni current situtation pata karah sakta hain market say
perhaps the most dominant is the technical analysis, as many traders who use it. but in my opinion, more fundamentally important influence on the movement of market prices. fundamentals will be able to change volume with the market prices are very aggressive and very difficult to be analyzed using technical
mujh lagta hai kay most trader jo hain woh suggest karta hai uses technical analysis aur its really works and it study the market scientifically and can read the app apni current situtation pata karah sakta hain market say
Every analysis has its own pros and cons I used Technical and Sentimental And avoid News because market is more volatile on news so I Take step back and wait for market to become normal .Thats my idea .
Technical analysis is more dominating the market and it follows its rules
fundamental analysis can be dominating but only for short time and always news are released to complete the technical analysis
so i think that they are completing each other but of course technical analysis is the main
I think, all of them has relation each other. So, if anyone want to use technical analysis usually use chart to see support and resistance to decide before entering the market. But if anyone want to use fundamental analysis usually use news release for entering the market.
each of these three has own importance but most of the traders use fundamental analysis and technical analysis or i can say my group of friends who are on forex are using these two ,as you can analyse the market current situation.
According to my know I think that all the three of them are important for a trader to trade but still I think that technical is the most important of all because it gives you the knowledge about the market trends and other trading factors. This all are the things a trader should consider while trading here in Forex trading.