Which type of Forex Analysis do you use more?

Discussion in 'Trading systems and market analyzing methods' started by NewbieTrader, Oct 7, 2017.

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Which type of Forex Analysis do you use more?

  1. Technical

    4 vote(s)
    66.7%
  2. Fundamental

    1 vote(s)
    16.7%
  3. Sentiment

    1 vote(s)
    16.7%
  4. Others

    0 vote(s)
    0.0%
  1. NewbieTrader

    NewbieTrader Member

    There are three basic ways to analyze the Forex Market. Which one do you tend to use more?
    Join this poll!
     
  2. andengireng

    andengireng Member

    I like to using technical analysis, because it is simple and look so cool, I can not understand when I try to using fundamental analysis, always wrong for me. Technical is perfect, use your favorite indicators and beat the market.
     
  3. Roman Rias

    Roman Rias Member

    I like all 3, I believe all of these are required and there is no way you could be successful with just one way. We need to be absolutely on the mark with every way. I try to analysis as much as I can. The most important for me is fundamental, but it’s toughest too!
     
  4. ibm'73

    ibm'73 Active Member

    I prefer trading by using technical analysis, but if at the time of trading turns out fundamental data, technical analysis I ignore before, and I behave wait or follow the direction of its market movement
     
  5. AleFizark1

    AleFizark1 Member

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  6. broforex

    broforex Member

    Technical Analysis is used to analyze prices based on past price data. With this data analysts try to see a trend or price pattern that occurs. Usually traders follow the pattern that occurs. For example when prices tend to go up, traders open buy positions. Or vice versa when prices tend to fall, traders open short positions. To determine trends, you can use tools or indicators.
     

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