Technical and fundamental analysis is very important for forex trader. I think technical and fundamental analysis is help every newbie trader because some newbie trader dont know how to do technical and fundamental analysis.
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Technical and fundamental analysis is very important for forex trader. I think technical and fundamental analysis is help every newbie trader because some newbie trader dont know how to do technical and fundamental analysis.
Numerical parameters can be specified and published by the government or experts at specified time intervals, eg monthly or quarterly. In the presence of the Internet, these figures readily available, so traders can react more quickly to the news.
Classic forms and continuation of a trend reversal is always important for the interaction of the dealer.
one thing that its good to keep in mind is that the trend is your friend till the end . never trade against the trend . to say the truth the most time i made loss wasn't because my strategy was bad but because i didnt understand the trend
Technical analysis is the most important thing for forex trading. Please share your knowledge with us so that we can also learn the technical analysis with you and make some pips with confidence. Thanks.
No brother news is not technical but its fundamental and technical analysis depend on indicator only. anyway its true during news market behave madly and at this point we need very careful if our position remain open.
When news release usually technical analysis are become useless to use, this is caused market can break our technical analysis in instant time. So if we only a technical trader,better to avoid trade when news released.
I am a pure trader who uses technical analysis. in my opinion, the technical analysis we can deal with situations and circumstances in the market, even when there is news which if made highly volatile prices. with the technical analysis of price conditions can be predicted. I think the point of technical analysis is the most perfect technique, because the fundamental techniques only temporary.
Technical analysis is widely used for Forex analysis by the traders around the world. I too prefer the technical analysis as it is easy to understand and follow. In Technical anlysis also we have lot to learn and improve, and also can develop our own indicators based on our experience.