Its obious that fundamental indicators such as news and interest rates move the currency prices so why would anyone even consider using TA and drawing some line on currency charts if its all about the FA?
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DislikedIts obious that fundamental indicators such as news and interest rates move the currency prices so why would anyone even consider using TA and drawing some line on currency charts if its all about the FA?Ignored
DislikedIts obious that fundamental indicators such as news and interest rates move the currency prices so why would anyone even consider using TA and drawing some line on currency charts if its all about the FA?Ignored
DislikedWe all trade fundamentals whether we know it or not. Technical analysis is just a graphical representation of fundamentals. I don't see why you need to understand the underlying fundamentals when the chart is showing you the truth.
Just my 2 pipsIgnored
DislikedOr better yet, do not be fooled into thinking that the market even gives a shit what team you think your on.Ignored
DislikedIts obious that fundamental indicators such as news and interest rates move the currency prices so why would anyone even consider using TA and drawing some line on currency charts if its all about the FA?Ignored
QuoteDislikedThis has been debated over and over. I am purely technical, and profitable. I don't care about fundamentals at all. Does that mean I am right? No. Being profitable does.
DislikedA fundamentalist would say "we all trade technical analysis whether we know it or not. Fundies move the market and form the very charts that techies use".
So who is right? I say neither.Ignored
Dislikedthat is saying the exact same thing as "technicals are a graphical representation of fundamentals" so, as for who is right, one opinion out of two identical opinions cant be "right" unless there is a third opinion opposite from the other two, which in this argument, there isnt. lol.Ignored
DislikedYou are missing the key concept that is being argued. The quote "technicals are a graphical representation of fundamentals" is not in question (hence me restating it), and that is where you are confused. The debate lies in the source of information a trader wishes to base decisions on.Ignored
DislikedIs this a serious question, or another "Lets start an argument thread"
This has been debated over and over. I am purely technical, and profitable. I don't care about fundamentals at all. Does that mean I am right? No. Being profitable does.
If someone else is making money using fundamentals, they are right as well. Odd how that works, huh?Ignored