Trading Analysis Combine Fundamental And Technical Analysis

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Thread: How to combine technical analysis with fundamentals?

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How to combine technical analysis with fundamentals?

How to combine technical analysis with fundamentals?

For me this is the best way to trade in the market, relying alone one aspect of the analysis alone can brings some difficulty except if we kinda combine both together.
Technical traders cannot trade the market without first checking the economy calendar and so is the fundamental traders, fundamental traders must always look at the trend of the chart and to predict what could actually be the outcome of a news.

For it’s not hard to combine the two types of analysis together but, the thing is that it will take us extra hours to perform both analysis, the advantage of this two analysis is that they both comprehend one another and usually bring a quality trading decision for a trader, because we get to see the market in two different view.
To combine both we should loose sight of any information on both analysis.

The use of Fundamental and Technical analysis together can be used to create a holistic trading approach. Forex traders normally juxtaposed between these two popular analyses, nevertheless rather than picking a side; you can be a smart one if you know your way by combining both technical and fundamental analysis to get an incredible trading experience (outcomes). Unfortunately, there are no sure ways to know the best analysis between technical and fundamental, but when you combine the two; you won’t need to worry about that but rather enjoy a certain result. There are different approaches you can use to combine technical and fundamental analysis, these includes; combining breakout trading with fundamental approach, combining range bound trade with fundamental approach, and lastly is the use of oscillators with fundamental approach.

When a trader is able to combine the fundamental mehod of analysis and the technical method of analysis and use this for his tradings, maximum results will be achieved by the trader.
The combination of both merhods of analysis foe trading is not actually a big task as most traders does this still all time. When a trader is making a technical analysis, the trader should watch out for news release, the trader should take the economic calendar into importance and once there is to be a news release the trader should analyze the chat in regard to the effect of the news while using the technical analysis indicators for the market direction confirmation. When a trade is confirmed in the technical analysis and the fundamental analysis and found out that the trade is in the same direction, there will be a very high possibility of making profits from the trade.

We can not avoid technical analysis and fundamental analysis. Many trader trade with only using fundamental trading or technical analysis based trading. But when we use one way it do not give us more safety for trading in forex. if we can combine this technical and fundamental analysis then our trade become more strong and we can get more secure trade from the market. We need to get more confirmation before open any position. Suppose when the market come to a value area like strong support or resistance zone and we also get good candle confirmation for trade. In this time if we can combine it with news trade. It will give us more good trade.

In forex trading business making profit out of the market is the sole aim of any serious trader and with regards to this ,the trader needs to do some market analysis before he can be successful in the market .In forex trading market ,there are two notable analysis open to the trader . The trader may either make use of fundamental analysis that is the trader make of the news data release in analysing the market,on the other trader may use technical analysis this involve the use of current market conditions with indicator in analysing their own market.,Both of the system is very good in making good analysis of the market with good result and they can be use independent of one another depending on the trader approach, but at times some trader use these two together which I consider to be the best option in the market .,In the first place the success of any market lies so much on the economic parameters ,to put straight there are some high impact news in the market that when they are releae will have serious impact in the market that is why every trader be it fundamental or technical analyst must not joke with it and more so that is why the technical analyst must be familiar with the news release and time before he can have a successful trade.In this regard fundamental and technical analysis must go together for the successful trade.

Combining technical analysis with fundamental is very easy and also an effective way to trade. Instead of trading with only one of them why not trade with two factors, there is no harm in doing it. It is even better, a form of hybrid strategy. The best possible way to trade with technical and fundamental, is to make technical analysis as your main source of information for trading and set fundamental behind. Before you open a position after analysing the trade, you check your economic calendar to be certain there is no high impact news that will affect the trade. If there is, you wait. Better still you can trade and exit the trade when the time for news arrives.

For technical traders it is very important that they find a way to inculcate fundamentals to their trading,so that they can be able to trade effectively,the best way of doing that is by always looking at the news calendar daily,once that is done you know when a news is coming out and you can be able to avoid such period to pick new trades,news has a way of disturbing trades,and the worst thing is that it can even go and hit your stop loss and then go back in your direction again,that is why we need to pay very close attention to the news especially those with high impact,it will do us a lot of good to check before trading .

After we have carried out our fundamental analysis on the forex market we understand that there are issues that we understand can happen, because using technical analysis alone is insufficient extremely necessary we are not under the impression that we have the time to do whatever we want from the forex business, trading with both the technical analysis and fundamental analysis is something we need to learn and gain knowledge about because if we think about doing something contrary to what we already understand, that would lead us to something that might be there to give us even more losses that can make you fall into issues that we know can’t be stop from some point, hence we need to be to realised that there will be challenges.

We can easily combine with technical analysis and fundamental in forex business. We all know to get success in forex we can not avoid fundamental analysis, technical analysis as well as psychological analysis. most of the trader follow fundamental and technical analysis for their trading. if the trader can combine with it they will be benefited. There are so many ways to combine this strategy. The simple way of the combination of technical and fundamental analysis are when the price come in a valid area and technical analysis suggest to open the trade in this time if any big news come we should honor it or if no big news do not come then we should follow fully the technical analysis.

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How do you combine technical and fundamental analysis together for Forex?

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OK. Since I am in a good mood today, I am gonna give away one trick that I used to trade forex using both VSA and Fundamental Analysis. Since, you have no idea about VSA, I replace VSA with other technical analysis tools.

Here are a couple of steps:

1- Open the H1 time frame currency pair you want to trade and do your technical analysis to come up to the decision of whether you are going UP or DOWN.

2- Visit Forexlive or forexfactory to see what had happened with the 2 currencies in the near past (a couple of weeks). Like if you are trading EUR/USD. Look at what happened with EUR and USD in la.

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Fundamental vs technical analysis

There are some topics that spark never-ending debate and sow discord among people. What to buy – iPhone or Android? Which football team to support – Manchester United or Liverpool? You might have noticed that there is no clear-cut answer to these questions. As the old saying goes: tastes differ. Every man to his taste: the one man’s meat is another man’s poison. OK, there are many variations of this saying, we’d better proceed to our actual topic. What we wanted to say is that traders have their own eternal debate about the best way to make profits in the financial markets.

Technical

Some traders consider themselves to be “technical traders”. They rely on the price movement patterns and technical tools in their analysis and don’t pay much heed to the economic news flow. The only thing that matters, according to them, is the price of the currency/financial asset. Other things are just distractors.

Fundamental

Another team of traders disagrees with these “technicians” and advocates the fundamental way of market analysis. These guys scrutinize macroeconomic releases, pay attention to the news to unravel the future direction of the market – they are the adherers of fundamental analysis.

The first group of people is generally made of swing traders and short-term day traders who take positions for a day, several hours, minutes, or even seconds. Another group of traders acts more strategically; they prefer holding positions for days, weeks, or even months. They are the people of the virile, very strong character.

Comparison of analysis types in the table

Both fundamental and technical analysis have their advantages and drawbacks, so it’s best to combine these 2 methods. This way you will get the fullest view of what is happening at the market. While trading on the intraday use technical analysis first to determine the state of the market, trade entry and exit levels. Then use fundamental analysis to adjust your strategy taking into account events of the economic calendar. In the longer-term trade firstly determine the trend with the help of fundamental analysis and then look for an entry and exit point using technical analysis tools.

You will learn more about fundamental and technical analysis from this course.

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