Fundamental and technical analysis?

[Upoctin]

What is the difference between Fundamental and technical analysis? which is the most reliable?

[Vaabum]

working with the broker ExpertOption, I learned all types of market analysis, and try to use them depending on the situation in the market.

[gds221]

Any kind of analysis has its advantages and disadvantages and can be used at certain points. Therefore, the more experience the trader has - the better.

[Doghma]

Before you start trading, you need to study these two analyzes, and then determine which one is best for you.

[gds221]

In general, both types of analysis are needed for work, and you need to understand that more experience can bring better work results.

[Vaabum]

I try to use both types of analysis in the trade process, because sometimes I have to be able to operate both.

[gds221]

I believe that it is better to master both types of analysis in order to be able to apply the desired one in time and improve the result.

[Kelerad]

Most people love technical analysis for its speed.

[gds221]

A trader needs to be able to use any kind of analysis, but I still prefer technical analysis.

[boltushkin]

working with the broker Hotforex, I learned all types of market analysis, and try to use them depending on the situation in the market.

[gds221]

The main thing to understand for yourself is that the more knowledge and skills a trader has, the easier it will be for him to earn. I myself understand both types of analysis.

[Vaabum]

In my opinion, it is in the interests of the trader to be able to conduct both types of analysis. After all, the more experience - the greater the probability of profit.

[gds221]

In general, it seems to me that it is very important for a trader to be able to analyze the situation on the market with any available options. Moreover, the more skills - the better.

[Gidencenti]

any analysis in forex is useful, so try to do both options and study all the pros and cons

[Vaabum]

I can only say that any kind of analysis has its advantages. The only question is the ability to implement it.

[FXOpen Trader]

On 4/23/2022 at 11:38 PM, Vaabum said:

I can only say that any kind of analysis has its advantages. The only question is the ability to implement it.

When we are doing the Hard work the income we can get from our trades will also get increased.

[Vaabum]

You should immediately draw conclusions for yourself that the type of analysis should be selected according to your knowledge and trading style

[FXOpen Trader]

7 hours ago, Vaabum said:

You should immediately draw conclusions for yourself that the type of analysis should be selected according to your knowledge and trading style

If we will start doing correct type of analysis the income we are going to get will also get increased.

[Dora Wi]

Neither of them is more reliable than the other - they are best when they are used together. Fundamental analysis is great for spotting trends and speculating on the general direction of prices, while technical analysis is the one that will help you determine when to enter and exit a trade exactly.

[Vaabum]

Both types of analysis are very important for traders, otherwise the result of the work may not be the best.