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Free forex trading course for beginners Part-12 | Top 3 Forex Trading Analysis

Forex Technical Analysis - Free forex trading course for beginners Part-12 | Top 3 Forex Trading Analysis

Forex Technical Analysis

Forex Technical analysis covers that prices move in trends, and price movements generally follow established patterns that can be partly attributed to market psychology based on the widely-held belief that participants in markets react in a similar fashion when faced with similar situations.

The field of technical analysis is based on three important assumptions:

  • The price of a security automatically factors in economic conditions.
  • The impact of events such as interest rate changes, or the latest inflation reports are automatically factored into the currency price through the actions of buyers and sellers in the market.
  • When it comes to pricing, history tends to repeat itself.

In Forex Technical analysis we examined the historical data of the forex market and on behalf of these analyses we predict the future movement. We use multiple candlestick and chart patterns in technical analysis like our weekly forex trading analysis.

Forex Fundamental Analysis

Forex Fundamental Analysis - Free forex trading course for beginners Part-12 | Top 3 Forex Trading Analysis

Forex Fundamental analysis has also value in forex trading like accounting and finance, fundamental is the analysis of a business’s financial statements (usually we analyze the business’s assets, liabilities, and earnings in this analysis); health, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, and considers factors including

  1. Interest rates
  2. Production
  3. Earnings
  4. Employment
  5. GDP
  6. Housing
  7. Manufacturing and management

When analyzing a stock, futures contract, or currency using fundamental analysis, there are two basic approaches that can be used: bottom up analysis and top down analysis. These terms are used to distinguish such analysis from other types of investment analysis, such as quantitative and technical.

In my openion trading on fundamental news is very risky because due to fundamental news of any richest country like Australia, Canada, United state and United Kingdom affect the market and create volatility and currency pairs as well as commodities moves fastly rather than regular movement.

Forex Sentiment Analysis

Forex Sentiment Analysis - Free forex trading course for beginners Part-12 | Top 3 Forex Trading Analysis

To do forex sentiment analysis, the forex traders used different tools that can be used to understand how different traders are positioning themselves in the market. Continuing with the articles already published on the role that the Commitment of Traders (COT) Report plays in the market, on the analysis of Market Profile and the assessment made of the Money Flow Index, this text will address the interesting topic of sentiment analysis, with a focus in Forex. It will do so mainly by understanding what it is and how traders can read it.

Sentiment is ready spotting investors’ positions, to in the long run understand how they may be questioning, and how to take advantage of it. The most used indicator that can be used to understand wherein retail buyers are located in the marketplace is SSI. It is available in exceptional paperwork and codecs, however the essential idea that traders need to apprehend whilst they’re using it’s miles that its main purpose is to capture capacity opportunities for contrarian trading. And that is so as it allows us to identify where the herd is.

Remember To Note:-

  1. Forex Trader should take good command on all of these analysis
  2. Before Entering the trade analysis the market according to all the analysis
  3. Technical analysis are the most powerful analysis
  4. Fundamental has its own importance in forex trading
  5. Sentiment analysis are the analysis of human nature.
  6. First get expertise on one of the above analysis
  7. Choose one and practice it
  8. You will be succeeded.

Detailed Video In Urdu


About admin

Hi Friends, I am Ajmal Qurashi professional forex trader, writer and forex trainer. I have best forex trading experience and career in this business. I am here to help you in all aspects of forex field. You can contact any time via comment , social networks and contac us page.

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