Prices are the tails, fundamentals are the dogs?

Discussion in 'Forex' started by Raheel Shaikh, Sep 9, 2021.

are fundamentals useful for forex ?

  1. Only technical are enough

    50.0%
  2. extremely useful

    50.0%
  1. I think technical analysis is enough in most cases as there is not always some news that can affect my trades.
     
    #11     Nov 22, 2021
  2. The technical analysis shows how the price moves, however, fundamental analysis shows what moves the price. I think using technical analysis alone is sufficient but if you want to go deeper into the things and understand the background, then it’s good to make fundamental analysis a part of your trading. It makes your decisions more subjective and you are not reliant solely on the indicators or other technical tools.
     
    #12     Dec 3, 2021
    Raheel Shaikh likes this.
  3. true
     
    #13     Feb 13, 2022