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Analysis is the key to Forex Trading

Analysis is the key to Forex Trading
Analysis is not only the key to success in trading, but it is the only thing that makes Forex trading really work.

The two main schools of market analysis are fundamental analysis and technical analysis:

The fundamental analysis is an evolved form of financial audit, only at a national level, or at times, worldwide. This is the oldest way of forecasting by observing several elements of the economy, that is, its current status in the cycle, relevant events, future forecasts and the possible impact on the market.

The fundamental analyzes interpret:

the GDP of a country
Unemployment rates
the interest rates
Export quantities
wars
elections
natural disasters
the economic advances ...
The impact is weighed in terms of the influence of supply and demand. For example, recent advances in shale drilling technologies promise a stable supply and an increase in crude oil now and in the near future, which led to oil prices to their biggest decline since a decade ago in the winter of 2015 / 2016.








Comunidad
 
How do you proceed with your analysis? What kind of analysis are you talking about? Thats very generalistic what you wrote
 

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