Please take a look around, and feel free to .
I just wanna know the type of trader on this community! Maybe, technical analysis based traders are in much number in this forum! Let’s see; please guys add your valuable opinion here on which type of analysis do you use mainly?
Technical analysis are becoming well accepted by the foreign currency exchange traders since here a trader can easily make decisions with the help of various technical indicators. However, we can’t ignore the fact that fundamental analysis is the weapon which can help a trader to get a clear overview of trading by analyzing all cause-effect relationship. And thereby for effective decision making, a trader should use a combination of both.
I am purely in to technicals. Fundamentals is not my piece of cake and I have limited knowledge of it. So keep it out of my trading.
You are you; more than 70% traders are trading based on technical analysis but as you said; no way to avoid fundamental analysis in a long run.Technical analysis is the most popular amongst traders, though its not easy not very easy to make a distinct analysis. Daily traders find technical analysis to be the best. and easiest way out, though fundamental analysis is also important in the long run
It’s very common scenario mate; same from me! In addition, I would like to close my running trades when major news events are coming.
For me both analysis play the crucial role in my tradings. I am starting with technical analysis as the way to find crucial points and entry and exit levels. However, timing of my actions is related to fundamentals. But,I think that this is not applicable for daily traders doing scalping or similar
We can get to know a lot abou the current market trends using the Fundamental Analysis.Fundamental is my favorite.
We can see which type of Analysis is more beneficial for us so that the results can be obtained by us.TAs are more effective and straightforward and take less time, while FAs take months or years to impact the market.