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Forex Trading Strategies

Saturday, April 4, 2009 Posted by Seduce

Technical analysis and fundamental analysis are the two basic forex trading strategies and this is exactly the same as in the equity markets.

However, technical analysis is by far the most common of the Forex Trading Strategies used by individual Forex traders.

Here is a brief overview of both forms of Forex Trading Strategies and how they directly apply to forex trading:

Fundamental Analysis aspect of Forex Trading Strategies - If you think it’s hard enough to value one company, you should try valuing a whole country instead.

Fundamental analysis in the forex market is often an extremely difficult one, and it’s usually used only as a means to predict long-term trends. However it is important to mention that some traders do trade short term strictly on news releases. There are a lot of different fundamental indicators of the currency values released at many different times

 

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