How forex compares to tranding stock indices?

Discussion in 'Forex' started by crgarcia, Aug 23, 2007.

  1. Does technical analysis works in forex?

    What fundamentals you analyse?

    How much currencies react to news/economic data releases?

    Any other suggestions?
     
  2. cstfx

    cstfx

    technical analysis is more relevant in currency trading than I think any other trading instrument, whether it be 5 min, 15, 4 hr, or longer. You cannot hope to be successful without the use of TA trading currencies.

    FA is useful only for the knee jerk reactions or policy changes. Concerning knee jerk, if NFA is weak/poor and causes adverse effect, it is usually short lived as TA is the underlying strength in price movements. Policy change, on the other hand, can't be ignored.
     
  3. sim03

    sim03

    Just one: these EXACT questions have been asked, answered and discussed on ET on numerous occasions, sometimes at great length. You already have a wealth of information at your fingertips, all shockingly gratis...
     
  4. Yep. I concur with this.
     
  5. Well it doesn't really work on other instruments, so I have doubts in forex...