Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect the supply and demand of an asset. But among the general traders technical analysis is more popular. Technical analysis solely depends on candlestick and charts pattern. I also like technical analysis. For my trading I use XeroMarkets where my personal account manager helps me a lot in my trading. I also like their trading platform that doesn't create any fake candles like many other brokers.
The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
Forex trading is actually a simple job. But a trader need to know some basic things about forex before trading in the market. to make the trading easy a trader should choose a broker which can be his shadow in his trading life. I choose TP Global FX as my broker. I choose them because of their lucrative trading policy, tight spreads and dynamic leverage. They always help me to minimize my risk and maximize the profit. Because of them forex trading become simple for me.
There are two vital techniques for trading. Those are technical analysis and fundamental analysis. A lot of traders use technical analysis as their trading instrument, and some are using fundamental analysis for their trading. Additionally, there are traders who combine both technical analysis and fundamental analysis for their trading. Sentimental analysis is also very important though most of the traders ignore this. I personally use technical analysis along with sentimental analysis. For my trading I utilize Eurotrader broker since I like their useful resources like eBook and video instructional activities. They have Technical Analysis Tools with lot of indicators and charting tools
Forex Broker helps traders to execute their trade easily and smoothly. Traders need to choose the broker wisely. By choosing wrong broker While I trade in the market I rely on Tpglobalfx. This broker has tight spreads, unblemished execution, dynamic leverage and ease of trading facilities than any other broker in the forex market. Anyone can easily trade with the help of this broker.
There are two types of analysis, fundamental and technical in forex trading. Many traders use only technical analysis and ignore fundamental. Traders should use both analyses to get effective result in trading. I a forex trading and I also use both analysis in my trading strategy. My broker Eurotrader always provides me important news, event which help me in my fundamental analysis.
