Post
Topic
Board Economics
Re: technical or fundamental ?
by
rickadone
on 15/04/2018, 09:30:12 UTC
I think prices move basically by the control of fundamentals. Fundamental analysis includes news which is also called as part of fuds. They are very important movers of the market and affects or improves the market very well.

i think it is respecting technical also look at this chart

https://www.mql5.com/en/charts/8552281/btcusd-d1-ingot-brokers-australia
It depends on you exactly. Most traders would rather stick majorly with technical analysis in making their decisions, and a little bit of fundamentals most of the time. At least I am talking for myself. Fundamental analysis alone may be good enough for anyone who is entering a long term (long or short position) in the market either after a dip or a bull run but usually for those who are short term traders, technical analysis is basically the main thing that is used to make decisions.