Posted in Community :
Investment Hub |
Equity Investments: Hot Stocks |
Trading in Commodities |
7 more ...
Is it better to use fundamental or technical analysis with Forex trading?
Tags :
Technical Analysis, Fundamental Analysis, Forex Trading, Forex Methods
Industry :
Investment Banking
|
|
|
Follow this Topic |
more actions >>
|
About "Is it better to use fundamental or technical analysis with Forex trading?" topic:
As you already are aware, there are two primary forces acting in the Forex markets: fundamental data, which include such indicators as balance of trade data, money supply, interest rates, economic and financial reports, etc.; and technical data, which include such indicators as moving averages, average directional movement, stochastics, etc.
So, why should a Forex trading method be focused on technical indicators? First, attempting to trade on fundamental data requires you to be available on real-time bases at whatever hour of the day or night that the news influences the markets, and, you must be able to act on that news before (predictive) or at the instant thousands of other Forex traders do (reactive), otherwise, you will have missed your opportunity. Trading on fundamentals, as well, is less about the actual data itself and more about the market's reaction to that data. You rely here on the human factor that is not always very predictable.Technical analysis, however, allows you as trader more time to make a smart decision. Pierre
Get Forex Savvy by E-mail,CLICK: http://xcelprofitableforextools.blogspot.com/
As you already are aware, there are two primary forces acting in the Forex markets: fundamental data, which include such indicators as balance of trade data, money supply, interest rates, economic and financial reports, etc.; and technical data, which include such indicators as moving averages, average directional movement, stochastics, etc.
So, why should a Forex trading method be focused on technical indicators? First, attempting to trade on fundamental data requires you to be available on real-time bases at whatever hour of the day or night that the news influences the markets, and, you must be able to act on that news before (predictive) or at the instant thousands of other Forex traders do (reactive), otherwise, you will have missed your opportunity. Trading on fundamentals, as well, is less about the actual data itself and more about the market's reaction to that data. You rely here on the human factor that is not always very predictable.Technical analysis, however, allows you as trader more time to make a smart decision. Pierre
Get Forex Savvy by E-mail,CLICK: http://xcelprofitableforextools.blogspot.com/
1 debates
on topic: "Is it better to use fundamental or technical analysis with Forex trading?"
Prev1NextShowing 1 - 1 of 1
|
(rate this)
|
|
Fundamental Analysis
|
15
|
VS |
24
|
Technical Analysis
|
 |
Anirban Roy
| Argues in support of
"Technical Analysis"
| 3 years ago
|
|
How about technical analysis of fundamentally sound companies ??
|
|
 |
Krishnan ASV
| Argues in support of
"Fundamental Analysis"
| 4 years ago
|
|
Fundamental Research is the cornerstone of any financial analysis on a stock because it gives u a sense of whether ur mindset and hence, u investment horizon should be that of a short-term trader or a longer-term investor. Every investor has an...
|
|
 |
suchita Ambardekar
| Argues in support of
"Technical Analysis"
| 4 years ago
|
|
If one were to follow technical analsyis,came out by means of trailing stop loss.So many pms came out of market in late november 2007 and early dec 2007.Because though pinpointing exact top may not possible,stop loss in trending market of...
|
|
Debate: "Fundamental V/S Technical analysis" deleted from your view.
Prev1NextShowing 1 - 1 of 1
Other knowledge matching "Is it better to use fundamental or technical analysis with Forex trading?" topic
|
Activity:
5 referals
,
16 comments,
2423 views
|
|
Professional Forex traders need "trading training" in order to learn the ropes. Since Forex markets are highly competitive, newbies can quickly lose their skin if they aren't prepared properly. Currency exchange is 24-hours-a-day business which carries big risks. Training helps professionals minimize many of these risks. Split-second decisions have to be made under stressful circumstances. There are many different terminologies, processes, and concepts in currency exchange. The condition of Forex markets are always in fluctuation. Situations change in the blink of an eye. Training can prepare novice traders on how to handle such fluctuations. Good Forex training teaches beginners to make accurate charts. It also teaches how to make proper analysis and enhance decision-making. Forex exchange involves order types, margins, bids, leveraging, and rollovers. Novice traders need to know what all of that means before getting started. In addition, beginners also learn about trading...
|
|
Activity:
790 referals
,
22 comments,
465 views
|
|
WHICH IS BETTER.....FORMER OR LATTER? Dad used to give us a measly Rs. 20/- per month, in that we were not only able to eat stomachs fill, but we were able to save too!!! Now we earn a sum of 20K, we have no idea where it goes, let alone saving it!! Which was better, the former or the latter??? 6 subjects per year, 6 different teachers! One project since we joined and just one manager!! Which was better, the former or the latter??? We used to make notes; we used to study for ranks!! Now we scan thru our mails; we struggle for our ratings!!! Which was better, the former or the latter??? We have still not forgotten the people in the next section!!! Now we don't even know who sits in the next cubicle!!! Which was better, the former or the latter??? After getting back from a tiring play, we used to do our home work!! Now who knows/cares about home; all we do is just work!!! Which was better, the former or the latter??? We knew our history and economics!! Now let alone reading books, we...
|
|
Activity:
0 referals
,
13 comments,
240 views
|
|
There's much to consider at this juncture. We feel there's a very high probability that "the" highs are in definitely for silver and probably for gold. There are logical reasons for this too. The precious metals bull market is very long in the tooth, and contrary to some claims the general public has indeed gotten involved fully. When that happens, the really big gains are usually in the past. We spent time reading message boards today and found people claiming that they traded their retirement account equities holdings for silver holdings in early September after being upset with the August market slide and wishing to get in on something that was still going up. Exactly as we predicted - precious metals were the last bulls standing and the masses rushed in at the worst possible time, and while we were going short. That the masses are abandoning equities may be bullish for stocks. So much bad news has already been factored in and the so-called endgame never happens...
|
|
Activity:
96 referals
,
23 comments,
7088 views
|
|
Politics and government are treated as words with negative connotations in the Indian society. Interestingly, the same is not true for many countries in other parts of the world. In a first of its kind initiative, the Research Foundation for Governance in India (RFGI) has taken up the task of educating the young minds of Ahmedabad about how the political systems across the world work. Curtis Riep, a graduate in international relations from University of Calgary, Canada; Ramiro Gomes Monteiro, political sciences and history student at Utrecht University, Netherlands; Catherine See, student of international relations at the National University of Malaysia; Katie Farrer, bachelor of law and political science at University of Otago, New Zealand; Joshua Stark, student of international development from McGill University, Canada; along with Swar Shah, Apoorv Shah and Kanan Dhru of the RFGI team have been visiting different schools and colleges in the city. They interact with youths about...
|
|
Activity:
243 referals
,
5 comments,
252 views
|
|
W elcome to our ‘MahaManan Kendra’ ( MahaManan education center). We think, customary (formal) academic (school – college etc.) education is not sufficient for true development of human beings. For that, we need such an uncustomary (non-formal) basic self-development education which can help us to be fully developed human beings. We want to establish an excellent –incomparable system of essential education for true universal self-development, world wide– that is ‘MahaDharma’ –the ideal way of better living –the way to better life. ‘MahaManan’ is the practical aspect of ‘MahaDharma’. We are benefited and we want also you be benefited with us! If you are interested in this program, please join us and extend your helping hands. 'MahaManan' that is to say-- 'Maha Atma-Vikas' with 'Maha-Yoga' education (the excellent true universal self-developmental education) is not only some different from other Yoga and self-developmental procedure, but something special. 'Maha Atma-Vikas'...
|
Leading Trainers for Recruitment
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Similar Topics
many a times it is argued and questioned technicals or fundamental...
3 debates
, 1 question
2 insight
, 3 debates
, 1 idea contests
, 3 question
In this topic we shall address the decision making process on how to select...
1 debates
, 1 idea contests
Trendn analysis if Indices of world or any country and using knowledge and...
11 insight
Discussion will on US Dollar and Where will the US Dollar trade in two...
2 trends
, 1 insight
, 8 debates
, 1 idea contests
, 2 question
Sponsored Jobs
