I've been reading babypips so I follow their advice which is using both. There are actually three, the other one is market sentiment.

But some fundamental issues could also be counter, thus preventing them from yielding expected result

Originally posted by megrawab

I've been reading babypips so I follow their advice which is using both. There are actually three, the other one is market sentiment.

yaa that is 3rd is also sorry i forget thanks to correct me by the way which is more important in your view

Originally posted by janknoah1

But some fundamental issues could also be counter, thus preventing them from yielding expected result

in fundamental part all the news and issues are counter and in technical we are taking about the past histry of any financial instrument and its effect on future move.

Originally posted by sadscorpion

As  i use both of the analysis in my trading but there are lot of peoples who are expert in one and dont touch even other analysis.

which analysis you think is best and it is very useful.

Fundamental analysis is very important when you talk about day traders and scalpers. But for others traders who trade on long term basis (weeks or months). Their main concern is technical analysis of data.

We cannot deny the importance of any type of analysis. But priority depends on your trading style.

hmm but  i think fundamental analysis is good for long term swing trades not for scalpers just few min of new move

Yes, Fundamental is not always usefull for traders.....need big money to hold margin if we trade based on fundamental...

Since so many speculator in market, so Technical analysis is most usefull for retail trader,,,,especially for trader with small amount money.

Originally posted by widhie75

Yes, Fundamental is not always usefull for traders.....need big money to hold margin if we trade based on fundamental...

Since so many speculator in market, so Technical analysis is most usefull for retail trader,,,,especially for trader with small amount money.

Yaa thats why i focus more on the technical analysis in my trading as compare to fundamental and as technical is bet for me bcs in this analysis small money run and with small moves i make good money as my needs are also very small

If you want to perform profitable trades in this market then you need to do both technical and fundamental analysis as both are important for a trader and they both go hand in hand and none of them can be ignored.