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Beginner Forex book

Beginner Forex book will guide you through the world of trading.

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LESSON 17. Combining TA and FA

Both fundamental and technical analysis have their advantages and drawbacks, so it’s best to combine these 2 methods…

Both fundamental and technical analysis have their advantages and drawbacks, so it’s best to combine these 2 methods.

This way you will get the fullest view of what is happening at the market.

While trading on the intraday use technical analysis first to determine the state of the market, trade entry and exit levels.

Then use fundamental analysis to adjust your strategy taking into account events of the economic calendar.

In the longer-term trade firstly determine the trend with the help of fundamental analysis and then look for an entry and exit point using technical analysis tools. 

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