Technical Analysis Vs. Fundamental Analysis For Forex Currency Trading If it is not “technical analysis”, what is it? The other side of this is known as the “fundamental analysis”. Traders need to know the difference and why most foreign exchange dealers these days use technical analysis. Fundamental analysis is based on an instinctive feel for [...]
What is technical analysis and is trading based on technical analysis profitable? Lets start with my definition of what I consider is technical analysis of financial price data. Technical analysis is using graphical charts to identify buy and sell patterns every possible way. With statistics proving that using these patterns gives a better chance for [...]
Most forex traders plan their trading strategy on the basis of fundamental and technical analysis methods. Generally fundamental and technical analysis is used together in which fundamental analysis method explains the causes of market movements and technical method explain the effects. Fundamental analysis is a method which depends upon economical, political, and other factors to [...]
