Fundamentals Vs Technicals

Fundamentals Vs Technicals! Which do you use to place trade?


  • Total voters
    24
  • Poll closed .

dianajs

Private, 1st Class
Messages
778
There are two noteworthy methods for trading. Those are technical analysis and fundamental analysis. A few traders utilize technical analysis as their trading instrument, some are utilizing fundamental analysis for their trading. Also, there are traders who consolidate both technical analysis and fundamental analysis for their trading.
Which approach do you prefer for yourself? I, personally, like technical analysis better.
 

Rizog

Private, 1st Class
Messages
127
Professional traders rely not only on this but on plenty of news, which goes in a stream. They have to read the news on time, at least the most impostant ones in order to be in trend, as they say.
 

dianajs

Private, 1st Class
Messages
778
I prefer technical analysis almost altogether. I do follow the Forex calendar though, as every trader should, in my opinion, so that I would know when there will be major volatility on the market.
 

Addam

Recruit
Messages
259
To trade in forex with the maximum efficiency, it's important to use all the tools of analysis. So in my opinion it's unwise to prefer one analitical method to the other. It's better to use both.
 

alaska27

Recruit
Messages
173
dianajs, it’s a very good approach to market analysis. I personally don’t understand traders who limit themselves with one kind of analysis, it’s just silly.
 

Desacete

Recruit
Messages
156
I see no point in separating these 2 ideas. Personally, I use technical analysis as well as the fundamental one, and one does not exclude the other.
 

Morten

Corporal
Messages
136
Professional traders do use different methods as well as indicators in trade. The problem is that not all the trade techniques are always relevant.
 

Rizog

Private, 1st Class
Messages
127
I would say if there is a news driving fundamentals, than that is safer bet. However, you may not always have something news to influence the fundamentals. Further, if the market is being by fundamentals at any point of time, it is best to avoid technical for that period.
 
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