Many traders use both fundamental & technical analysis. There's different advantages to each but which do you use primarily & why?
I'm looking forward to hearing everyone's opinions on this!
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Many traders use both fundamental & technical analysis. There's different advantages to each but which do you use primarily & why?
I'm looking forward to hearing everyone's opinions on this!
Well we should not create a conflict between both the trading analyses; it’s just all about the Forex trading analysis you like or which type of analysis you like according to your trading style or according to market scenario. While the Forex market differs from conventional stock markets, the fundamental trading analysis and technical analysis can be applied. Accepting both styles and strategies and how to pertain to the Forex market will allow you to make a strategy and a style of trading that is preeminent suited to your risk lenience and your monetary goals.
Well i would say " TA" because i am a day trader and news trader therefore i have to keep current trend and day to day price trends in my mind. For me both are important but the style of my trading suits technical analysis.
See ya