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  • View Poll Results: What do you read before you trade?

    Voters
    17. You may not vote on this poll
    • Economic News

      3 17.65%
    • Indicators

      3 17.65%
    • Both

      11 64.71%
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    Results 31 to 40 of 40

    Thread: Economic news vs Indicators

    1. #31
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      trade using the news is risky ..... most of time when the news released there will be a spike or whipsaw in the market but unforutunately it wont last longer .... so what actual happened during the news sometime not represent the whole story


    2. #32
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      you just used two types but when i start my trade i can not see only two opportunity i see lat one month trading history see economic news discuses my friend and also see current indicators if its high i am no interested to trade but if its can preform low then i change my choice.


    3. #33
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      In fact, I use the indicators adopted in the news completely
      And I see that the news you need to time in order to know how to deal with it, but anyway I think that the news could be very profitable


    4. #34
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      not much attention, because it only focused on technical analysis in which only look at the graph on the screen monitor regardless of economic news affecting the forex markets. and it is mostly done by the beginner, while the euro-zone economic news and the U.S. is very influential on the market movements


    5. #35
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      i think in Forex every good trader must read economic reports and see indicators before any option to earn and avoid loose and estimate how much he earn


    6. #36
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      the truth is that you can't trade without both. well, you can trade, but it is very very hard to profit if you do not read the news or use indicator. news would be considered as fundamental analysis and indicators would be considered as technical analysis. it is very important to use both. however, many like me prefer one over the other. i prefer technicals over fundamental. however, others will differ from my opinion. there is more than one way to trade and the profit.


    7. #37
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      indicators and also the news if we combine it does not always give the same result as long as we are trading much less often we want to use these indicators to make trades but sometimes the news will change the direction of the indicator. so the trend will change rapidly.


    8. #38
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      Quote Originally Posted by forexsage View Post
      How many of us read economic news before making a major trade?

      How many of us use indicators before making a major trade?

      And how many of us use both before making a major trade?
      The answer is none for all of them for me as I don't use news or indicators but price action.

      However, I still use a bit help from news and indicators but they are not my main focus.

      I stay out of the news not trade using them.

      Its too bad you don't include the price itself in the poll there as its one of the most important components.


    9. #39
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      well either the indicators or the economic news are not what i like to trade because what i want is that i want to see what the candles are saying per time for me to be able to move forward and make my decisions .


    10. ForexCopy
    11. #40
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      Quote Originally Posted by forexsage View Post
      How many of us read economic news before making a major trade?

      How many of us use indicators before making a major trade?

      And how many of us use both before making a major trade?
      I don't use any of them above. I do naked trading with trend lines so I think I'm not included in your list.
      Using indicator is good but I like a simple chart a lot better. I tried using indicators in the past with mixed success but after I do naked trading my analysis become simpler.
      Traders don't know the future that is why traders need market scenarios.


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