Thread: Two kinds of analysis

Technical and fundamental are two types of analysis. Fundamental analysis covers a wide range on the other hand technical analysis is done with technical tools and indicators. FXDirects broker provides data sufficient information about news and technical tools which help traders to make analysis easily. The broker has partnership with Trading Central to provide daily signal.

Traders should develop a habit of being consistent with their trading rules. Sometimes, the most profitable trading strategy doesn't work as expected. So, traders should stop trading and change the trading rules as well as started improving their strategy after a few losing months. As a trader, I am trading with Forex4you. I always test my trading strategy in a demo account, which my broker provides freely.

For those who are unable to understand what these two analyses are I would like to explain. Technical analysis is more of a technical side where we analyze the market with tools and candle or chat. And fundamental analysis is like the effect of any big news or sentiments of market. Both are important for making a good impact on market. I got to learn all these by help of my broker Eurotrader.

The forex market is that online place where traders can buy, sell, exchange, and speculate on currencies. This market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and forex brokers and investors. I am also a trader of this market. I always trade with Tpglobalfx,one of the most trustable retail brokers in the market. In forex market brokers are the shadow of the trader. I think this broker helps me in making position in forex market like a shadow of mine.

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from tickmill.