Fundamental and Technical Analysis Goes Togetherby Siam Luu
Rarely can you make profits in forex trading by utilizing either fundamental analyses or technical analyses. In order to maximize your profits, you need to utilize some degree of both types of analyses. If you do not, you may still be profitable, but you will have a less refined timing system. Look at it this way: using one strategy to time your forex trades is like jumping into a boxing match while using only one arm. You may still be able to win and you may get a few lucky punches in, but by and large you would be better off if you used both of your arms, just like if you used a degree of both styles of analyzing.