Essentially forex trading is the art, in this case is the
art of analysis. How? Obviously very able, each person / individual can produce
art / style of trading different reply. In a sense even if you sit under the
same person, not necessarily the result is the same for each of his followers.
And not necessarily the same even with the teacher himself.
Capabilities and expertise (skills) of analysis, will be one
of the main factors of success or failure of a person in the world of forex
trading. Forex Analysis who will either be able to always be consistent /
repeated profit, and able to survive in the long-term if possible and for all.
Well let’s start learning the basics of analysis in forex
trading. Broadly speaking there are two basic types of approaches / analysis of
common reply.
1. Fundamental analysis.
2. Technical analysis / technical.
Which is best? do not get stuck for the favored one. And
wasting time searching for articles where a better comparison. Although the
above was written in the No. 1 fundamental analysis, this does not make it
better than the technical. So let’s review a leisurely one by one, and then put
back together for the benefit of the size of the two.
Fundamental analysis
Fundamental analysis is a way of seeing the market through
economic, social power, and politics that affect supply and demand. In other
words, you look fine day economic conditions, or conditions who sucks. The idea
behind fundamental analysis is that if the economy of a country properly, then
their currencies would also be nice. And resulted in the trust who rose from
the other countries of the currency.
For example, the value of the U.S. dollar continues to rise
because the U.S. economy strengthened / improved. The consequences could be
even higher interest rates to control inflation, the effect is the value of the
dollar will also continue to strengthen.
Above is one example illustrates how the fundamentals can
affect currency values. In the articles on this site you can find any kind of
news / factors that include the fundamentals as well as the factors / news
everywhere of the most influential. For now we take the base line, that
fundamental analysis is a way to analyze the market through economic conditions
of countries concerned.
Technical Analysis
Technical analysis is the study of price movements in terms
of mathematical analysis. From here we can imagine there will be charts or
calculations / mathematical formulas in it. With historical data and price
movements are now imaginable then analysis can provide a projection on where
the price will go up, down, or turn around. Or it could be called ‘trend’ is
sought in the technical analysis. By identifying trends or patterns correctly,
will help you find the best trading opportunities.
People say that in the technical analysis TREND is your
friend. If you are able to properly recognize the trend your friend, then he
will give money (profit) to you.
Up here you so discouraged? Well I’m not good at math, I
would be weary to use technical analysis, do not imagine I must be dizzy see
the numbers and formulas ..
Take it easy:) .. patient to follow and read our articles.
Not as complicated as who imagined .. And believe me it’s not worth the loss of
your responsibilities will reply (later in the trading) compared with the well
known technical analysis.
0 comments :
Post a Comment