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Can a trader be successful by only using either technical analysis or fundamental analysis?

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Thanh Hong Phuoc
162
Thanh Hong Phuoc  

I have just read a book saying that a professional trader should know and use both types of analysis.

Is there any successful trader here utilizing only technical analysis? or fundamental analysis? 

Do you have any reason for applying only one type of analysis to your trading?

Tan Phan Ngoc
1326
Tan Phan Ngoc  
Yes. He can
Francis Dogbe
9649
Francis Dogbe  
of course but the trader also needs discipline 
Thanh Hong Phuoc
162
Thanh Hong Phuoc  
Thanks. Can you guys let me know what type of analysis do you use? and why do you think it is enough to become a successful trader?
Jerzy Zagorski
1349
Jerzy Zagorski  
Maybe you can try strong and week currency strategy ? Buy strong and sell weak.  I find here two programs helpful  for free.
Marco vd Heijden
Moderator
5921
Marco vd Heijden  

You can also use a simulator to practice.

Petr Baskakov
1014
Petr Baskakov  
System three (3) screens of Alexander Helder
Mohammad Soubra
32548
Mohammad Soubra  
https://www.mql5.com/en/blogs/post/657889

The above link is fully important

For technical traders it is recommended to dont trade in these days of the banks" interest rates release 
Economic Calendar for Central Banks 2016
Economic Calendar for Central Banks 2016
  • 2015.12.30
  • Mohammad Soubra
  • www.mql5.com
Central Banks Calendar 2016 * the following details are only for interest rates not for all events... 2016 Jan Feb
Rodrigo da Silva Boa
7212
Rodrigo da Silva Boa  
There are several, they are not bragging about their earnings.
Thanh Hong Phuoc
162
Thanh Hong Phuoc  
Thanks for all, best wishes for the new year.
Saeid Rafiee
569
Saeid Rafiee  
Both are equally important

In fact, one complements the other



happy New Year

12
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