Understanding Basic Forex Strategies - Fundamental Vs Technical

Posted by naharazizi on Thursday, October 20, 2011



person who is new to the world of forex trading should understand the difference between the two basic trading strategy. The fundamental and technical strategies are quite different from each other and people should stick with a plan. Technical analysis is a more common strategy used by Forex traders, probably due to more simplified obliku.Pregled both strategies is below the true understanding of the

fundamental analysis - the person who decided to use this style in the analysis puts the value of the whole country, the more difficult decisions. This style of analysis is much more difficult for a person to learn and often left only long-term trend prediction. It can at times be used for short-term and several different indicators come in the form of press releases. This includes the consumer price index, purchasing managers' index, and many other indicators.

There are also timely meetings that affect tržište.Osoba using this strategy must be aware of these various meetings and to discuss interest rates, inflation and other issues will affect the value of currency in the country and around the most important meeting svijeta.Dva that affect currency values ​​Humphrey Hawkins hearings and the Federal Open market odbor.Razumijevanje these two meetings will allow the Forex trader to predict long and short trendova.Ekonomski calendar will keep a person aware of time that this report was published and is essential for anyone following this strategy.

Technical Analysis - This is far more common strategies for Forex traders. Analyzing the price movements are done on the basis of 24 hours of the Forex markets are open non-stop, unlike the stock market. Since the Forex market run on a 24 hour cycle, adjustments must be either technical analysis that the limited time factor. Three common styles include Fibonnaci analysis studies, Parabolic SAR, Pivot points and Elliot waves. These are all the basic strategies of their own and must be decided između.Najbolje place for beginners to start with one that makes them najudobniji.Broker quality will help explain the differences and help the person to choose the right one for them and their circumstances. Being comfortable investment strategy is the only way people will ever get started.