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dhanpreet

How do you trade? Are you a Fundamental or a Technical Trader?

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Every trader has his/her own trading style. Each of them uses different approaches, methodology to profit from every trade.

 

I use technical analysis for trading in forex. I look at fundamental news , but dont get stuck with the news item and analyse and dig deep. that will be simply waste of time. that is the duty of the analysts and new reporters. they will do the work for us. I feel that we need to immediately grasp things as fast as we hear them. just read/hear it, analyze for a moment, arrive at a decision as to what can happen if it happened now.

 

In TA, I use Simple Moving Averages (SMA), MACD, RSI. Sometimes I use Stochastics, Bollinger Bands or Money flow Index also. generally i stick to first set for my major decisions. Using too many indicators generally confuse and sometimes takes away precious time and distract us from acting while an opportunity is at hand.

 

My SMAs are set at 3, 13, 39 periods. whenever the shorter ones cuts the longer ones - either Up or Down one has to go long or short. I also look at the MACD to confirm if the move is right or wrong. RSI should be showing strength, else its sure that the move wont last long.

 

most platforms offer charting facility on which we can plot the chart of any duration. I look at 5 min, 15 min, 4 hours and daily as I trade in short burst and do not carry any position over-night. at the end of the day, my positions are NIL.

 

I have been quite successful this method.

 

What is your style of Trading? Lets share and profit from each others experiences.

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In TA, I use Simple Moving Averages (SMA), MACD, RSI. Sometimes I use Stochastics, Bollinger Bands or Money flow Index also. generally i stick to first set for my major decisions. Using too many indicators generally confuse and sometimes takes away precious time and distract us from acting while an opportunity is at hand. very nice

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i mostly do technical trading.i follow charts a lot and do some finding in that.i also believe that fundamental trading also very important for trading success.will soon start doing that.the problem in trading is that it needs lot of learning.

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Now i also following charts and also some site who predict about daily movement and after seeing that entering the market but seeing from many days its better to think self but its really hard to understand correctly and no doubt it need time to get experience.

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I am basically a technical trader but trading news would be a very good and rapid trading style to get fast profits or even losses.Technical trading involves following of a trend and sticking to some rules of a strategy etc.but while trading news it all depends on how the news comes out.But fundamental trading doesnt need much time involvment and is a fastest way of trading

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I think I am choosing technical analysis although I tried to learn about fundamental analysis too right now. Since I was newbie in forex,

I feel that technical analysis is easier to understand than fundamental analysis. I didn't have background of economic so it's a little bit

hard for me to learn about economic in some countries so I prefer to learn technical analysis first :)

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My trades are also based on technical analysis. All the news and fundamental data are represented in the trend. So I'm following the trend.

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Most of the time I use fundamental analysis. Technique analysis seems to be a little hard for a newbie to grasp. I haven't been familiar with all the indicators yet. I think I can accumulate more experience trading and try to apply some of the indicators.

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I am doing scalping and I am trying to create my own EA, but I need more knowledge what indicators to use and how. I want to understand how the indicator works before I add it on my source code.

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I'm a technical trader because hardly to learn the fundamental part. I use a candlestick chart and only use standard indicator. My open position is base on the price action combine it with a S/R line and trendline. Using much indicator make me fell pain, I can hardly see the clear candle or movement price. So I decided to use only 2 indi and all are standard indicator. Still learning the characteristic of the price action and far from the profit. Techinal is hard but I think not as hard as fundamental.

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I do often trade using technicals but while chosing the instrument to trade i prefer that it has good fundamentals - because when a pair is supported by both fundamental and technicals the chances of profit becomes higher and even if i could not close my trade on right time of i did not trigger stop loss it pays to wait being good fundamentals.

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Fundamental and technical analysis. Actually my first step is fundamental analysis. read the news, read the sentiments, read forecast next I check my indicators and confirm if those sentiments and forecast I read do have weights. Because its no all the time that forecast and sentiments are true.

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I'm pretty much a little bit of both with a heavier tendency towards technical trading. I'm more into following the charts. I also look at the news in order to get a grasp at what to expect with the market that I am trading in. While they were both complicated to me, I was able to catch on to the technical side of Forex trading more easily than the fundamental aspect.

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I am technical trader and mostly my decision based on technical analysis. I am read fundamental news also but not make analysis till I open the cart and see the real situation in the market. if those fundamental news support with the possibly technical outcome analysis, I will not ignore them.

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I prefer both actually. You need to know technical but fundamentals will help you make more profit if you can predict the movement in advance. Fundamentals will have a lot to do with the technical. You should trade when there is a real movement if you're a scalper. Now, its hard to trade if you don't know the technical side o fit or know how to read the chart. You should know how to read charts so you can trade better. 

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that is true that traders has own preferred method. some choose to use technical and they are comfort with it. and thus, able to generate profit even in consistent way. but some other choose to use fundamental analysis which basic approach is use news and economic data to analyze the market. 

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I am 99% fundamental trader and 1% Technical trader. I am dominated by news that i love to trade with so with this fundamental analysis i can trade lesser and trying to obtain bigger profit. Fundamental traders only depend on news and sometimes rumours, but technical traders depend on data and sometimes past movement.

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I also prefer both trading strategies.Both technical and fundamental analysis are good to a trader and can yield great results if taken into account.Technical is easy to learn and use for a newbie.I love it most but we also need to understand the market fundermentals in order to predict the market movement.Both methods will be good to a trader and we should learn them if we want to make t in forex.

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I also prefer both trading strategies.Both technical and fundamental analysis are good to a trader and can yield great results if taken into account.Technical is easy to learn and use for a newbie.I love it most but we also need to understand the market fundermentals in order to predict the market movement.Both methods will be good to a trader and we should learn them if we want to make t in forex.

I wonder how you put them together As for me technical analysis is a good analysis too but sometimes or in most of time it got so complex and need more time while with fundamental analysis that i did before, every trading become more simple compared to before.

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You can do that by price action for example, some candle has various meaning and also you can use it when news coming look at high frame like H1 or H4 and compared with M5 or M15 after the news result out just see the candle (price action) to know when the right time to enter the market, usually it is around 5-10 minutes later.

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You can do that by price action for example, some candle has various meaning and also you can use it when news coming look at high frame like H1 or H4 and compared with M5 or M15 after the news result out just see the candle (price action) to know when the right time to enter the market, usually it is around 5-10 minutes later.

Price action is technical analysis which means if you use it or even combine it with something like RSI or MA100/50/20/30 , then it is safe to assume you are technical traders but if you solely prefer to analyze the news and rumours or even has principal like this " buy the rumour, sell the fact" then you are fundamental trader

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Both are quite easy considering that you have passion for one from both of these analysis type. If you ask my own preference then i will prefer fundamental analysis because i see that market is easily drive in short to long term by the news especially high impact news, one of my favourite is NFP or Employment change which bring difference in the market.

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i think that everyone has his own style to trade there is not a must to earn and make profit style in which you will say that you must never loss on part of your investment,i think that is all about luck in trading forex.

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I am mostly a techincal trader but if I recognize some big news Imma ride on it.

I use MA 20 boillingers,volume,momentum but all of those indicators are just for confirmation I make trading decisions mostly base purely on price action (support/resistance).

Actually indicators are very helpful for determining when the trend I'm in is stopping,slowing down or reversing but entry/exit are always support/resistance.

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I am a technical trader. Normally I don't take a look at fundamentals and rely on my decision based on what I see on the chart. If I find a good trading opportunity then I enter and if not I have the patience to wait for it.

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Where as a trader is to always be routine in learning on the run, forex business is not an instant business, but where forex business is all the risks are very large that exist, so traders should continue to do in the learning process step to which can facilitate us in get the most profit

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Where the analytical ability is the way things we should be able to improve with the best possible, with good analytical skills owned it will be good also in the way of this forex trading. To be sure we keep on trying to improve the maximum knowledge so that we can better understand for where the way his forex trading is profitable

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I like all types because I feel all are necessary required. If we go for specific analysis then we could struggle in long term. So this is where we need to work towards using all available out there. I trade with FreshForex, where they fantastic Market Analysis setup, and that allows me to work with comfort and high level of confidence as well.

 

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Exactly what the title says, how do you guys/gals like your FR-S or BRZ? Negatives and positives of the car? I ask this as I have been considering one to get for my dd but a neighbor of mine has an immaculate stock AE86 that he is considering putting up for sale. So a better question would be what would you guys say get a FR-S/BRZ or the AE86?

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My bigger preference is towards Fundamental trading, but I am very much aware about the importance of technical too. It’s important that we are just careful with our way and approach. I find it a lot easier with FreshForex broker using their market analysis to help me with taking decisions along with several other features like that.
 

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