Is fundamental analysis less important than technical analysis in forex?

Trading is one of the few professions where at times, the less you know,
the better is your performance.
I am sure there are some unique people for whom that's true and you might be one of them. In majority of cases, knowledgeable people are the ones that perform better. Ultimately, the ones that have some form of insider knowledge are the ones that perform the best.
 
I am sure there are some unique people for whom that's true and you might be one of them. In majority of cases, knowledgeable people are the ones that perform better. Ultimately, the ones that have some form of insider knowledge are the ones that perform the best.
SAC ?
 
My priority changes as per the time and the market changes. My strategy, knowledge and skills got update as per the market gets update.
It's a kind of dynamic strategy which requires much expertise, I guess you have a set of rules how you respond to market changes or these are kind of intuitive decisions?
 
Combination of both is the best way to trade or to achieve your goals. It helps to get a fair view of the market.
Fundamental Analysis- Under this, Fundamental Forex traders uses data points to know the strength of a particular currency and analyze whether to trade the future movement of that country's currency.
Technical Analysis- It involves Patterns(triangles,flags) on a price chart. Here,Technical Forex traders assess the trends,support and resistance levels observed on charts.
Both the analysis provide insight to support trading decision and tells when to enter or exit a trade.
 
Combination of both is the best way to trade or to achieve your goals. It helps to get a fair view of the market.
Fundamental Analysis- Under this, Fundamental Forex traders uses data points to know the strength of a particular currency and analyze whether to trade the future movement of that country's currency.
Technical Analysis- It involves Patterns(triangles,flags) on a price chart. Here,Technical Forex traders assess the trends,support and resistance levels observed on charts.
Both the analysis provide insight to support trading decision and tells when to enter or exit a trade.


How did you combine both TA and FA so that you reached your trading goals?
 
How did you combine both TA and FA so that you reached your trading goals?
I think it is simple - use TA when all important events have been priced in, and the asset price enters the state where its governed by decision or robots based on TA rules or principles. One type of analysis complements the other but in different times.
 
I think it is simple - use TA when all important events have been priced in, and the asset price enters the state where its governed by decision or robots based on TA rules or principles. One type of analysis complements the other but in different times.


I don't think its simple and I'm not even sure FA is worth any private retail forex trader's time.
 
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