Forex Trading: Choosing Between Fundamental and Technical Analysis

While there is no dearth of information for forex traders to choose, the information must to selected and evaluated for initiating profitable trades. The Forex markets are driven by two major forces: fundamental and technical forces.

As is normal with all debates, there is an equal number on either side, some traders swear by technical analysis being the best while other would have it that by analyzing fundamentals one can read the market better.

(more…)