3 Types of Forex Market Analysis

[jinz13]

1. Technical Analysis
2. Fundamental Analysis
3. Sentiment Analysis

There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know all three.
It’s kind of like standing on a three-legged stool.
If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
The same holds true in trading.
Oh wait. Since the stool is supposed to represent how a trader goes about thinking and analyzing the market, it’s missing a brain.
But wait! The stool needs more brains!
There technically should be three brains….to represent the three different types of thought process…
Ahhh. There we go.
You need to have three “brains” when thinking about the market.
If your analysis on any of the three types of analysis is weak and you ignore it, there’s a good chance that it will cause you to lose out on your trade!

 

[Pandelas]

Very nice and very informative post. Thank a lot of sharing and explaining to us.

 

[Blessed]

I

1. Technical Analysis
2. Fundamental Analysis
3. Sentiment Analysis

There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know all three.
It’s kind of like standing on a three-legged stool.
If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
The same holds true in trading.
Oh wait. Since the stool is supposed to represent how a trader goes about thinking and analyzing the market, it’s missing a brain.
But wait! The stool needs more brains!
There technically should be three brains….to represent the three different types of thought process…
Ahhh. There we go.
You need to have three “brains” when thinking about the market.
If your analysis on any of the three types of analysis is weak and you ignore it, there’s a good chance that it will cause you to lose out on your trade!

I have being working with the fundamental and technical analysis.

 

[jesusozz]

Without these, success is not possible in forex. thanks for the information.

 

[Sherverty]

Fundamental and technical analysis are the most important analysis of the Forex market and I prefer working with these two.