Forex analysis is importance

[The trader]

In Fx trading , leverage is useful for trader , especially if trader start with small balance hence with leverage it will giving opportunity to making transaction on Fx market , now some broker offer high leverage until 1:1000 but so far I am only use leverage 1:400 as maximum.

 

[Faal]

most of the time analysis works to fail because there is nothing 100% in Forex trading.

 

[FXOpen Trader]

most of the time analysis works to fail because there is nothing 100% in Forex trading.

I can say for sure that we will have to keep ready a Plan B if our analysis fails.

 

[SaadBinToha]

Forex analysis isn’t important, but it’s the key! Before opening any new trade position, you always need to make proper research on that specific trading pair, fundamentally as well as technically! And always open your trade with Stop loss & take profit! On the other hand, don’t focus others option or analysis!

 

[FXOpen Trader]

Forex analysis isn’t important, but it’s the key! Before opening any new trade position, you always need to make proper research on that specific trading pair, fundamentally as well as technically! And always open your trade with Stop loss & take profit! On the other hand, don’t focus others option or analysis!

We need to learn and start doing our analysis in a way so that the losses remain less for us.

 

[Underwit]

Forex analysis isn’t important, but it’s the key! Before opening any new trade position, you always need to make proper research on that specific trading pair, fundamentally as well as technically! And always open your trade with Stop loss & take profit! On the other hand, don’t focus others option or analysis!

Very true, without analyzing the Forex market, a trader would put his money at great risk. Forex analysis allows traders to determine which currency pairs are suitable to trade. Trading without analyzing the market would be nothing but gambling.

 

[Bandwagon]

Forex analysis is a very important part of forex trading. Until and unless you analyse the forex market, you won’t be able to discern the right currency pairs to trade. Traders who don’t follow the right strategies and trade the market based on assumptions are most likely to lose.

 

[FXOpen Trader]

Forex analysis is a very important part of forex trading. Until and unless you analyse the forex market, you won’t be able to discern the right currency pairs to trade. Traders who don’t follow the right strategies and trade the market based on assumptions are most likely to lose.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

 

[Oscar Shumack]

Anxiety arises when traders start trading in real account. But they are brave when they trade in demo account. Actually, they can’t develop their knowledge completely through demo trading and that’s why they can’t get out of this fear.

 

[Eduardo Lucchese]

As forex market analysis is important, we should highly focus on both technical and fundamental facts of the market. It will help us in generating signals.

 

[Oscar Shumack]

As part of technical analysis, traders should earn the ability of candlestick reading because the more a trader can read candlestick, the more he is profitable.

 

[Oscar Shumack]

I try to run both technical and fundamental analyses on the market to determine the market trend and reap gain from it.

 

[Alexander Hudson]

You cannot do any better in trading without sufficient market analysis knowledge. Technical and fundamental analyses are two important analyses that are high essential for forecasting the market price.

 

[Oscar Shumack]

If you learn forex in the wrong way, you will have to suffer for this. So, make sure you are learning forex in the right way. But a scam broker always works as an obstacle to the way of your trading.

 

[Eduardo Lucchese]

We should view the market from fundamental perspective because it helps us predict the long-term market condition.

 

[Eduardo Lucchese]

Scamming has become so common affair nowadays so traders’ cautiousness is important to catch a scam broker.

 

[SaadBinToha]

Investing in Forex isn’t risky as long as we don’t enlarge our trading risk. Definitely, we have to sharpen our knowledge if we don’t have it sufficiently.

 

[Alexander Hudson]

Analysis is of two types including technical and fundamental analyses. Use of indicators is necessary for better market analysis. Some traders follow free default indicators and sometimes they work well. For example, moving average, RSI and Bollinger bands.

 

[LouBega88]

Without market analysis, you can’t make any headway in trading. So, earn knack in both technical and fundamental analysis.

 

[Bahiya Shinam]

Both technical and fundamental analyses are needed to capture the flow of the market. Fundamental analysis is time-consuming and so I mostly rely on technical analysis.