What kind of analysis is most important for new trader.

[Aonkhan532]

Forex analysis*is used by retail forex day traders to determine buy or sell decisions on currency pairs. It can be technical in nature, using resources such as charting tools. It can also be fundamental in nature, using economic indicators and/or news-based events.

[Muhammad adnan]

technical and fundamental analysis should be combined when trading in the forex market to ensure best trading result.
because they are only the basis of the basics, and you always need to stay updated with the current situation which can be maintained by reading the news..

[masyuni]

For beginners and any trader, price action analysis can be used to trade any financial market, because it only uses market "core" price data. However, my personal favorite market for trading is the Forex market, mainly because of its deep liquidity which makes it easy to enter and exit the market and both are important. and important. yes if you want to earn low income per day ... then you can follow whatever analytics you will get. for long-term analysis. You know both ... without analysis you both don't succeed 100%. so practice. you can easily reach it. main; bhi practice karaha hun. how come the news is to follow Nahi Kar Pata ... but if you don't know how to do it

[abhi302]

Mere hisab se technical kyunki start agar app fundamental knowledge ke peeche padh gaye to app kuch samaj mai nahi ayega kyunki news ko read karna itna asaan nahi hai jitna ham padhte hai asal mai ye bahut difficult hota hai

[Attraction]

Dear friends in my opinion both technical and fundamental analysis should be combined when trading in the forex market to ensure best trading result, though each analysis can be isolated and used on their own but then combining both technical and fundamental analysis will definitely give the best trading result and earn good money.

[fogler]

Yes, I agree, fundamentals (you call them economical) and technical analysis are needed for all types of traders with almost all types of strategies, because they are only the basis of the basics, and you always need to stay updated with the current situation, maintained by reading the news. , and to make a position decision you need some skills or ideas about how this movement runs regularly. and new traders must follow some technical analysis because the analysis works more accurately and best for new traders. but we can try fundamentals because this type of analysis is the basics of the market.

[bangjali]

I think if a person want to be success in forex then he must be gather knowledge about all analysis matter. I think a new trader first emphasize on technical analysis then he should know about fundamental analysis. I also suggest new trader firstly demo trading minimum 6 months. dan Fundamental analysis, which focuses on indicators and statistical data and economic data to extract the data and fundamental analysis is probably the worst tool for commercial markets in the short term

[kokorotak]

I think all the analysis is very important. Don't rely on one type of analysis or it will lose your money. If you do fundamental analysis, you also have to do technical analysis for smoother forecasting. Therefore, every type of analysis is important. and you may not claim what type is so important. If you want your research to match, I think you might be more likely to combine specialized research and fundamental research collectively, they might be a whole. I usually use two studies during buying and selling.

[duki]

What we understand best when we first enter this business is technical analysis because we have some understanding of the history of past price prices so we can see character pairs, but there are also direct uses because they have some fundamental reasons and I think they certainly don't trade every day and for new traders using forex trading analysis that is simple and easy for him to understand. maybe I would suggest using technical analysis using the MA indicator, and fibonachi indicators. indicators that can provide good trading signals and are easy to use

[kuda]

There are three types of analysis on the forex market and they work like three-legged tables. With technical analysis, a trend is easily captured, fundamental analysis tells whether to trade news or not and sentimental analysis makes us aware of market conditions. For better results all of this must be implemented together so the results get better. and There are two types of analysis, fundamental analysis through analysis of indicators and technical analysis, this analysis ratio is to determine the time of entry and exit from a stock or currency