Technical Analysis ya Fundamental Analysis par trading?

[alhamdulillah]

All of trader have to know that fundamentals cant change direction few times a day. Some less important events can produce "intraday noise" but fundamentals are changing slowly. In such case technicals will always follow fundamentals. Of course not for scalper on minute chart..

[jahangir2812]

Healthy each the technological investigation and basic investigation are terribly helpful however as on behalf of me i feel i actually like the technological investigation as a result of with technical investigation you'll be able to invariably trade along with your mind at rest as a result of not all basic analysis create report within the market however each are excellent to trade in forex

[happyrichyyy]

I think that Technical analysis is a method of evaluating securities by analyzing the statistics generated by market activity. It is based on three assumptions:
1) the market discounts everything,
2) price moves in trends and
3) history tends to repeat itself.

I agree with pint 2 and point 3, ya only in technical analysis you are able to see the exact price movement trends and history trends as well, since the technical analysis tool visualize the movement for you in shape of bar, line, candlesticks, etc., but I don't understand what point 1 means? Can you please explain little bit? Thanks.

[100 to 1,000]

if you prefer to trade using technical analysis then go with technical analysis and if you prefer fundamental analysis then go with fundamental analysis.
you can also use both if you want to. but the majority of people who trade forex only use technical analysis.

[happyrichyyy]

well as for me i just know the technical analysis is the very best because with technical analysis we can get the direction of the market and we can trade with our mind being relax because not all fundamental analysis make impart in the forex market so i think we can base all our analysis on the technical analysis but both Technical Analysis and Fundamental Analysis are very useful

Not all fundamental analysis gives effect in forex trade, maybe just for particular pair, e.g. if you read some news about EU economic situation, maybe it won't affect AUS/USD that much, but i you are exactly playing EUR/USD maybe it does help to some extent. Or the forex market reacts bit slow according to the news, and you need to wait for a bit while to see the result coming up.

[happyrichyyy]

Hmm I guess it's worth to read as many news as you can? Coz the more you know, the better you can have an image about the trend, where it's going. And technical analysis is a must as well, if one wanna assurance the gain, plus it makes your prediction more precise. Anyway fundamental strategy does have its own role and importance in the forex market, especially if there's something uncertain happens, which you might not to be able to discover through the technical analysis.

[nazmulhyder]

In my opinion technical analysis should be given priority. fundamental analysis gives an impression on public future sentiment and the public sentiment ultimately reflects on price chart. however we should take look at the daily fundamental reviews so that it can one of the elements of our technical analysis. but we should not wast vast time after fundamental analysis.

[mukta]

Technical and fundamental both are important.I really believe market move with technically all the time but fundamental are fuel of this market so both are important in forex market.But technical analysis is more easy than fundamental analysis.

[golpo20]

Technological analysis is actually obvious to see with the newbies and hence i prefer technological analysis over Fundamental. Yet yet again following mastering technological analysis just one need to give some time to learn you need to include the important methods involving basic analysis.

[happyrichyyy]

One approach is not sufficient, but a combination of both technical and fundamental analysis is ideal. About 85% of the trade is ideally based on technical analysis and around 15% is based on fundamental, i.e. economic events and data, since they also influence the price movement. It is therefore essential to put them into consideration in our analysis.

I agree. I guess it's better if you can utilize both fundamental strategies and technical analysis. In my opinion fundamental strategies give you some overall idea about how things will go, and technical analysis gives you details of the previous and current movement, and you can make exact prediction of the trend in digits. And some of the fundamental strategies also can be used specially for some specific countries, like oil for canada, gold for Australia etc.