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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 2016.01.02 02:41 

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
1332
Tan Phan Ngoc 2016.01.02 03:09  
Yes. He can
Francis Dogbe
9501
Francis Dogbe 2016.01.02 09:52  
of course but the trader also needs discipline 
Thanh Hong Phuoc
162
Thanh Hong Phuoc 2016.01.02 10:55  
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
1310
Jerzy Zagorski 2016.01.02 13:06  
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
4704
Marco vd Heijden 2016.01.02 13:13  

You can also use a simulator to practice.

Petr Baskakov
1206
Petr Baskakov 2016.01.02 13:43  
System three (3) screens of Alexander Helder
Mohammad Soubra
25006
Mohammad Soubra 2016.01.02 20:13  
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
7103
Rodrigo da Silva Boa 2016.01.03 02:34  
There are several, they are not bragging about their earnings.
Thanh Hong Phuoc
162
Thanh Hong Phuoc 2016.01.03 05:33  
Thanks for all, best wishes for the new year.
Saeid Rafiee
488
Saeid Rafiee 2016.01.03 06:26  
Both are equally important

In fact, one complements the other



happy New Year

12
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