Technicals Vs. Fundamentals? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fundamentals, Technicals, or both? 2 replies

When fundis and technicals collide 3 replies

Do you use mainly Technicals or Fundamentals for a trade? 2 replies

importance of fundamentals/technicals in intraday trading 0 replies

Technicals on crosses 2 replies

Attachments: Technicals Vs. Fundamentals?
Exit Attachments

Technicals Vs. Fundamentals?

  • #21
  • Feb 26, 2016 2:07am Feb 26, 2016 2:07am
Quoting Supertrader9
Maybe i should clarify by rarely matter i mean the reports had already been leaked to those on the inside long before we peasants get it except on some occasion. Fundamental trading would work if you are in the circle, if not then it is a futile endeavour. It is better to find other ways. I am speaking for short term trading. If you hold trades for a few years then it might be different but i only hold trades for a few hours.
Fundamental trading is about analyzing a countries economy, news events are just fundamental indicators and just like all indicators they lag. This why sometimes the price will go opposite to what the news is because at time its priced in ahead of the release by economists..
20 Pips a day keeps centerlink away
  • #22
  • Feb 26, 2016 2:30am Feb 26, 2016 2:30am
Quoting PaulDaemon
{quote} Fundamental trading is about analyzing a countries economy, news events are just fundamental indicators and just like all indicators they lag. This why sometimes the price will go opposite to what the news is because at time its priced in ahead of the release by economists..

Fundamental trading definition changes from one person to another. Your version of fundamental can be profitable yes for longer term trading. My post was for some people that think they can do 'fundamental' intraday trading.
  • #23
  • Feb 26, 2016 3:52am Feb 26, 2016 3:52am
Quoting Ponzi Jr
Do you agree that All known market information about supply and demand, can be found in price chart, making fundamentals irrelevant? Because all known market information is already factored into price, you are effectively trying to predict the future, and the events that will occur in it, if you consider fundamentals? Alternatively, do you agree that it is important to understand/consider the fundimentals behind the asset you're trading? Why?
Technical analysis works with probability.
In my understanding, the technical analysis - an analysis on the established rules, which are based on events that have already occurred. Technical analysis - is an attempt to describe the market mathematically, geometrically schematically. Every trader has their own tools that work.
  • #24
  • Feb 26, 2016 6:40am Feb 26, 2016 6:40am
Quoting genie
not sure why you keep quoting funnymentals in every single one of your posts. are you trying to be funny or are you actually mental? you dont even trade so i dont see your purpose here. please leave this to the professionals.
Attached Image
  • #25
  • Edited 7:00am Feb 26, 2016 6:48am | Edited 7:00am
Quoting Atokys
{quote} {image}
ROFL. Mr A...you have me belly-aching tonight :-)

Genie.....That was Ed Seykota's frequent terminology (and a verbatim transcript of what he (Ed) said in his post). Not having a stab at you, just Mr A's jocular (and mischievous) nature. :-)
  • #26
  • Feb 26, 2016 7:08am Feb 26, 2016 7:08am
Quoting Copernicus
{quote} ROFL. Mr A...you have me belly-aching tonight :-)
Glad I provided something of value.

But seriously, personal opinions aside, this 'debate' is rather pointless. I know for a fact that there are many macro traders who base their decisions heavily on fundamentals (a few less after the SNB event). I also know for a fact that there are many professional fund managers who employ directional strategies based solely on technical and/or quantitative inputs. There are possibly many more traders who adopt approaches that combine the two forms of analysis such as the famed Bruce Kovner.

These are facts of the industry that has built itself around the craft. To be unaware of this and make some of the silly assertions made here is to declare ignorance of the field of professional money management.
  • #27
  • Feb 26, 2016 7:21am Feb 26, 2016 7:21am
Quoting Atokys
{quote} Glad I provided something of value. But seriously, personal opinions aside, this 'debate' is rather pointless. I know for a fact that there are many macro traders who base their decisions heavily on fundamentals (a few less after the SNB event). I also know for a fact that there are many professional fund managers who employ directional strategies based solely on technical and/or quantitative inputs. There are possibly many more traders who adopt approaches that combine the two forms of analysis such as the famed Bruce Kovner. These are...
There are more than enough greys in this game to render any definitive black or white judgement null and void. That is the beauty of this market. Something for everyone (within realistic caveats). I tend to just block out many of the definitive judgement calls made on this forum by some and treat them as 'not even wrong'.
  • #28
  • Feb 26, 2016 8:13am Feb 26, 2016 8:13am
Quoting Copernicus
{quote} ROFL. Mr A...you have me belly-aching tonight :-) Genie.....That was Ed Seykota's frequent terminology (and a verbatim transcript of what he (Ed) said in his post). Not having a stab at you, just Mr A's jocular (and mischievous) nature. :-)
Obviously that is ed's phrase but what's that got to do with my reply? So called "Mr A" replied with a picture of his dad. Yup, mental it is.
  • #29
  • Feb 26, 2016 8:20am Feb 26, 2016 8:20am
Quoting genie
{quote} Obviously that is ed's phrase but what's that got to do with my reply? So called "Mr A" replied with a picture of his dad. Yup, mental it is.
Hi G.......Long time no hear. How's things? :-)
  • #30
  • Feb 26, 2016 8:20am Feb 26, 2016 8:20am
Quoting genie
{quote} Obviously that is ed's phrase but what's that got to do with my reply? So called "Mr A" replied with a picture of his dad. Yup, mental it is.
Attached Image
  • #31
  • Feb 26, 2016 8:23am Feb 26, 2016 8:23am
Quoting Atokys
{quote} {image}
Bawahahahahaha.......There goes my coffee......keyboard and screens in one hit. Thanks A :-)
  • #32
  • Feb 26, 2016 8:28am Feb 26, 2016 8:28am
Quoting Copernicus
{quote} Hi G.......Long time no hear. How's things? :-)
Good mate. Stayed away from the forums for a bit as I find it distracting at times. Trading is going well. Consistent, steady, and safe. Can't complain. Your thread has grown a lot :nerd: Hope everything is going well for you too.
  • #33
  • Feb 26, 2016 8:29am Feb 26, 2016 8:29am
Quoting Atokys
{quote} {image}
like father, like son
  • #34
  • Feb 26, 2016 8:30am Feb 26, 2016 8:30am
Quoting genie
like father, like son
Thank you.
  • #35
  • Feb 26, 2016 8:32am Feb 26, 2016 8:32am
Quoting genie
{quote} Good mate. Stayed away from the forums for a bit as I find it distracting at times. Trading is going well. Consistent, steady, and safe. Can't complain. Your thread has grown a lot :nerd: Hope everything is going well for you too.
All good G. Have been delving into more systematic trading and it's slowly starting to bear fruit. Hopefully it wil allow me to start getting away from the screens more and enjoy more time-out.......... Can't wait till winter mate....I am slowly crisping here after a long hot summer.

Great to hear from you. :-)
  • #36
  • Feb 26, 2016 8:33am Feb 26, 2016 8:33am
Quoting Copernicus
{quote} All good G. Have been delving into more systematic trading and it's slowly starting to bear fruit. Hopefully it wil allow me to start getting away from the screens more and enjoy more time-out.......... Can't wait till winter mate....I am slowly crisping here after a long hot summer. Great to hear from you. :-)
Great job man and good to hear!
  • #37
  • Mar 9, 2016 8:11am Mar 9, 2016 8:11am
Quoting Atokys
{quote}I know for a fact that there are many macro traders who base their decisions heavily on fundamentals (a few less after the SNB event).
Why would a fundamental analyst, or trader who trades from the fundamentals ditch their style of analysis after the Swiss event?

A) Any fundamental analyst/trader who knows what they're talking about knew that the Swiss peg was a disaster waiting to happen as most pegs eventually get broken either by the market or the peggers at some time in the future. Yes, of course the timing of the break is never known and the peg could still be with us today but the point that it would break at some time can never be ignored.

B) The break of the peg was just another big market shock, they happen all the time as history has proved. Markets and people recover.

C) Any fundamental trader who was betting with the peg to pick up what, 100-300 ticks is a moron, as was proved to be the case if they lost big money.

D) Granted, the effects on the Swiss stockmarket must have been hard on some long players but that's the nature of the beast. if people don't want big downside risk, don't play in markets that have the potential to offer it. Anyway, any good fundamental trader knows that sudden shocks against the long term trend in force are normally interesting places to get involved especially if your fundamental analysis backs your stock picks up. Swiss stocks got beaten up in the week/month after the event but the Swiss market was in a tenacious bull market as was proved by the move to new highs within 6 months of the event. To me, the Swiss event looked to be a blessing in disguise for anyone that knew the fundamentals of some Swiss stocks as they would have been selling $1 worth for deep discounts. Similar event happened when Kennedy got assassinated. Wall Street dumped on the news as you'd expect but the market was again in a tenacious bull market so it soon roared back, easy pickings for some fundamental analysts that knew how to price some of the stocks they were following as they were on fire sale, but not for long. I doubt they deceived to give up their fundamental style of analysis/trading.

So no, I cannot understand your point as to why people would ditch fundamental analysis just because the Swiss peg broke that caused some mayhem for a few weeks afterwards. Anyway, what are they going to do? Pick up a copy of something like Edwards and Magee, read it over the weekend and then become a technical trader from Monday onwards?
Road To Wisdom? To err and err and err again, but less and less and less...
  • #38
  • Mar 9, 2016 8:22am Mar 9, 2016 8:22am
Quoting Calculus
{quote} Why would a...
You kind of missed the point. The point being that global macro funds loss big during the SNB move.

http://www.bloomberg.com/news/articl...oney-from-fund
http://www.reuters.com/article/us-sw...0KO24320150116

=\
  • #39
  • Mar 9, 2016 8:33am Mar 9, 2016 8:33am
Some did for sure, but most didn't and whether they did or didn't I doubt they've ditched their fundamental analysis.

And for the ones that did lose big, they a) only have themselves to blame, and b) they deserved to go out of business as they were clueless and useless. In fact if I'd been an investor I would have called in the lawyers on them for being irresponsible in regards to their fiduciary duties.
Road To Wisdom? To err and err and err again, but less and less and less...
  • #40
  • Mar 9, 2016 8:44am Mar 9, 2016 8:44am
Quoting Calculus
I doubt they've ditched their fundamental analysis.
"I know for a fact that there are many macro traders who base their decisions heavily on fundamentals (a few less after the SNB event)."

Meaning 1: SNB event made macro traders ditch fundamental analysis.

Meaning 2: SNB event reduced the number of macro traders that rely on fundamental analysis (you know, by virtue of them losing lots of money and/or losing access to funds).

Pick. Option. 2.
0 traders viewing now