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Is fundamental analysis important?

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Sep 16, 2012 08:14 am
#1
Champ User

გვერდები: 711
გაწევრიანდა: 17/05/2011

I have seen many traders (almost all) emphasizing on techincal analysis ignoring fundamental. Technical or PA is considered to be the best way to succeed in forex. If u go to a forum and compare discussions on technical analysis topics with fundamental analysis topics, it will be like 50 to 1 or maybe more. 

 

Does anyone here use fundamental analysis in his trading? Do u think fundamental analysis is important in trading?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Sep 23, 2012 01:55 pm

გვერდები: 939
გაწევრიანდა: 21/04/2011

I have seen many traders (almost all) emphasizing on techincal analysis ignoring fundamental. Technical or PA is considered to be the best way to succeed in forex. If u go to a forum and compare discussions on technical analysis topics with fundamental analysis topics, it will be like 50 to 1 or maybe more.

Does anyone here use fundamental analysis in his trading? Do u think fundamental analysis is important in trading?



Yes, but only for longterm trading. For scalping it is of ZERO importance and for day trading it is of little importance. Economic factors move currency but there affect is slow.

Stick to your rules

Oct 01, 2012 03:01 pm

გვერდები: 10
გაწევრიანდა: 01/10/2012

Indeed its very important as essential specialist provides a details review of changes in price of foreign exchange on the basis of governmental and cost-effective principles and issues.

 

Oct 01, 2012 05:13 pm
Sasha User

გვერდები: 836
გაწევრიანდა: 16/05/2011

It is important but as uniquetrader said, it doesnt affect scalping or day trading much. It is important for traders who do news-specific trading or for longterm traders who keep their trades open for a month or 2 or more. 

Oct 10, 2012 04:26 pm

გვერდები: 939
გაწევრიანდა: 21/04/2011

Originally posted by forexmetal2015

Indeed its very important as essential specialist provides a details review of changes in price of foreign exchange on the basis of governmental and cost-effective principles and issues.

 



Hello,

Do u use fundamental analysis in ur trading? If yes, which sources u use? I am really interested in finding some good sources for fundamental analysis.

Stick to your rules

Oct 11, 2012 12:21 pm
illiterate User

გვერდები: 561
გაწევრიანდა: 21/04/2011

Fundamental analysis is an important part of forex strategy. But it is not a compulsory part. You can make successful strategies without including it. There is very little percentage of traders who use it. 

In my opinion, it can enhance ur strategy and can improve profitability.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Oct 13, 2012 01:29 pm
Jogi User

გვერდები: 685
გაწევრიანდა: 06/06/2011

Originally posted by Champ

I have seen many traders (almost all) emphasizing on techincal analysis ignoring fundamental. Technical or PA is considered to be the best way to succeed in forex. If u go to a forum and compare discussions on technical analysis topics with fundamental analysis topics, it will be like 50 to 1 or maybe more. 

 

Does anyone here use fundamental analysis in his trading? Do u think fundamental analysis is important in trading?

 



If u can interpret news successfully then u should use it to ur advantage. 

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Oct 13, 2012 06:53 pm

გვერდები: 3
გაწევრიანდა: 13/10/2012

Yes, it is. Seems you are an amateur. I suggest you register at forexmetal. They offer the best you can get in the forex trade.

Oct 17, 2012 03:27 am
Champ User

გვერდები: 711
გაწევრიანდა: 17/05/2011

Originally posted by binufrancis

Yes, it is. Seems you are an amateur. I suggest you register at forexmetal. They offer the best you can get in the forex trade.



What doest it mean?? an amateur and registeration at forex metal? I understand that u want to say forexmetal is providing best service. R u one of forex metal representatives or a trader?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

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