1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

What are the types of analysis need to do in Forex Trading?

Discussion in 'General Chat' started by mchrish58, Nov 14, 2016.

0
  1. #1
    What are the types of analysis need to do for successful earning in Forex Trading?
     
    mchrish58, Nov 14, 2016 IP
  2. NeilTrellis

    NeilTrellis Peon

    Messages:
    4
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    1
    #2
    There's fundamental analysis that takes big economic data and events that can have an impact on economies into account. Then there's technical analysis which is focused on the historical and real-time movement (candlestick) of a currency pair. Which to use depends on what kind of trader you are. Long-term traders tend to use fundamental analysis. Short-term traders tend to focus on technical analysis. It's been a while since I traded forex, but I'm pretty sure these are still the case.

    Whatever you do, make sure you have a Trading Plan. Otherwise, it's just gambling. hahaha
     
    NeilTrellis, Nov 21, 2016 IP