Forex traders use market analysis such as Fundamental Analysis , Technical Analysis , and quantitative analysis and sometimes a combination of all three to build their trading decisions.
- Fundamental Analysis involves the use of economic, financial and political news to determine trading decisions.
- Technical Analysis involves the study of Charts to predict future price movements based on past price patterns and trends.
- Quantitative Analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages ret cements as well as identifying oversold and undersold situations.
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