Sunday, March 24, 2013

Fundamental Analysis or Technical Analysis in forex

Fundamental Analysis or Technical Analysis in forex

In forex trading you will have to make your decision based on either Fundamental Analysis or Technical Analysis. You can always pick just one type and stick to it, but it is much recommended to take a bite from both. Mind you that fortune teller probably won't be able to help you here, so your best changes to be a forex winner is to analyze everything thoroughly, stick to your pattern, backup your decisions with fundamental analysis and enjoy trading! The more you know the better, because in practice many traders combine these two analyses to create forex trading strategy. However try not to overload yourself with too many strategies. There are so many approaches available that it can be difficult to decide which way to turn.


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