fxpriest
New Member
Fundamental analysis can help with your watchlist.
Fundamental analysis can identify what you trade and technical analysis can tell you when to trade it. Technical analysis can help with whether it’s time to take the long side of the short side of a trade. It’s possible to build your watchlist based on fundamental analysis whether it’s stocks, commodities, exchange traded funds, or bonds.However, fundamental analysis will not help with timing. It’s technical analysis that will signal when it’s the best time to enter or exit a trade due to a trend in price action. You can have a better chance of making money on the long side of a stock with great fundamentals than a stock with terrible fundamentals but you still need to respect the price action. Is there something with terrible fundamentals that you want to sell short? Then at least wait for it to begin a downtrend. Only price pays and that is the purpose of technical analysis to identify the price action pattern. The highest probability trades happen when the fundamental and technical align together.
I hope these help you too.
