Technical analysis or fundamental analysis?

[Luke Hansen]

Technical analysis or fundamental analysis: which one is used by you? From my opinion, somehow, in many instances I use a combination of both analytical tools in my decision making processes. It will help me in taking rational decisions and while technical analysis allows me to overview the future market movements to a systematic manner by analyzing past and present data the fundamental analysis is helping me to get the real values of currencies.

 

[Jurlare]

I prefer both analysis. Technical analysis provides me with important information regarding levels and eventually potential for trend reversal. Through fundamental analysis I am defining exact timing of these moves. This is sort of basis for my trading strategy when I am playing on fundamentals.

 

[Alekxandra]

Fundamental analysis is almost useless for the average trader. We can know only the increase in volatility during the news release. We cannot predict the direction of price movement.

 

[anton.blood]

I'm using technical analysis for scalping and fundamental analysis during the news release.

 

[Christof]

I prefer both analysis. Technical analysis provides me with important information regarding levels and eventually potential for trend reversal. Through fundamental analysis I am defining exact timing of these moves. This is sort of basis for my trading strategy when I am playing on fundamentals.

"Fundamental we will have to think and understand economic in the curreinces.
Technical we will have to read and understand how price movement on chart. MT4, MT5 or TradingView that help you access the chart anywhere. I prefer to use them both too."

 

[Spellweaver]

Technical analysis is a base. Fundamental analysis is a more complex format, but it is more likely to generate good profits.

 

[Blackkiller]

Any analysis format can bring accurate market understanding and profit. But here it's important to take your time and check what will be the real help for you. Nowadays, you can always check what is going on.

 

[Agamatius]

Well, this is only in the case if the trader is a real professional.
At the beginning of the way many people prefer technical analysis, it's a bit easier.

 

[kekend]

Technical analysis or fundamental analysis: which one is used by you? From my opinion, somehow, in many instances I use a combination of both analytical tools in my decision making processes. It will help me in taking rational decisions and while technical analysis allows me to overview the future market movements to a systematic manner by analyzing past and present data the fundamental analysis is helping me to get the real values of currencies.

I would vote for technical analysis because we are not fast enough to get and process fundamental information. Like there is no place for twitter-based trading for humans...

 

[Shing1985]

In Forex market and business there have many kinds of analysis which are really very important and helpful to us to do well and good trade. But to get better trading result we need to do this analysis perfectly. Fundamental analysis depends on market movement and news about this business. and technical analysis depends on the indicators and we have to use this indicator and analyze the market condition and situation.