Between technical and fundamental analysis in currency trading which one is your most concern between the two?
December 15th, 2009 | by admin |
slash4gunners asked:
I am trading forex and so far practicing too much of the technical aspect of the trading. Until someday i realized that there must be something more better than what am i doing currently. And that is fundamental analysis. i want to know how many people believe in fundamental than technical
Emogene
I am trading forex and so far practicing too much of the technical aspect of the trading. Until someday i realized that there must be something more better than what am i doing currently. And that is fundamental analysis. i want to know how many people believe in fundamental than technical
Emogene
3 Responses to “Between technical and fundamental analysis in currency trading which one is your most concern between the two?”
By copious on Dec 15, 2009 | Reply
Lu
Most people, I think, will use both.
A group of analysts at a firm will generally include people specializing in both traditional and technical analysis. They both have their use and are both needed for a complete picture.
If there was a guideline in place as to when to use one over the other, that guideline would be worth a million bucks!
By corrfx on Dec 17, 2009 | Reply
Lecia
Would you believe that I don’t believe in technical analysis or fundamental analysis. They are not the only two strategies in the world of forex…. they are just the only two that have so much recognition.
Cheers!!!
By choco on Dec 18, 2009 | Reply
Weston
Both are helpful & necessary in currency trading. Some time (if not most of the time) economic data are priced in in the charts. In this regard, TA weighs more than FA.