"Study, Study, Study".

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.

No comments: