I think the blanket term of you have to choose one or the other is incorrect.Ignored
I agree. This statement is almost as silly as my hair.
The trend always ends.
Technical or Fundamental Analysis 2 replies
DislikedNo doubt, you can see the market give hints of the FA prior to announcement. And I agree about divergences, candle formations, etc. I tend to be defenseive prior to a FA. My history proves too much risk at these times and would rather be safe than sorry. Once past FA, TA takes over for me and I get back to following PA.Ignored
"Buy the rumor, sell the fact,” says Brian F.
Dolan, director of research at
Forex.com. “.. This is also one of the way.
"There are some traders that rely totally on fundamentals. There are some that rely totally on technical analysis. Then there are some that use both. I tend to use fundamentals only in the sense I know when not to trade."
I really like this statement.Ignored
DislikedI'm a technical trader. But I use fundamentals to know the big picture of a cross. So a technical trader and a fundamental investor!Ignored
DislikedHum, fundamental indicators move the technical indicators.. so.. -_o
I think all those fundamental analyse websites are very complicated,
i'm thinking of making a cyclus of fundamentals that move the market.
But could not find the time yet..
You know, something like high unemployment > low consumption > high pending houses etc .. It's what the market is focussing onto at one moment..
A waterfall cyclus to keep it all clear in your head, so you learn better what to expect in the future and learning from past mistakes, aaight!
DislikedThe fundamentalist studies the cause of market movement, while the technician studies the effect.
Whichever you want to follow you should know a little bit of both, at least to make an informed decisionIgnored