LUCKMCFLY
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May 15, 2022, 10:57:55 PM |
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TA and FA are valuable to reach a determination and theory however recall that they are only an instrument to anticipate the market value, we ought to realize that we don't have the foggiest idea how precise they are after making such hypothesis. The specialized pointers when observed intently are awesome to conjecture the future event of the market yet fundament.
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading.
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Silberman
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May 19, 2022, 05:13:43 PM |
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when making speculative guess as to what will most likely happen in the future and make your trade based on it. It's not 100% we all know that, but at least the trends might help you identify opportunities. If it doesn't work on you, then find another indicators. So it's a learning process as you continue to educate yourself. But yeah, it is TA that I most rely on when making my trading/investing position.
I don’t think I have seen a trader that would say that they are not making use of fundamental analysis instead of technical analysis, majority of them, if not all, in the market has to rely on technical analysis when they are trading. So it is the norms, although it’s also good that we traders look into making use of fundamental analysis to look into a coin very well and understand it, because it’s not every time that technical analysis works. Combing technical analysis along with fundamental analysis might be having more percentage of winning chances but for that you must need lots of time to have such a mixture of analysis. What happens is that even if FA and TA are both tools that can help us to better understand the markets at the same time their nature is completely different, FA is great when you are thinking long term and you want to enter a position early and you can hold your coins no matter what, however TA is about timing your entry and exit points in a very precise manner so you remain invested in a coin for as little time as possible while maximizing your gains, which makes it more suited for short term trading.
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milewilda
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May 19, 2022, 09:56:41 PM |
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when making speculative guess as to what will most likely happen in the future and make your trade based on it. It's not 100% we all know that, but at least the trends might help you identify opportunities. If it doesn't work on you, then find another indicators. So it's a learning process as you continue to educate yourself. But yeah, it is TA that I most rely on when making my trading/investing position.
I don’t think I have seen a trader that would say that they are not making use of fundamental analysis instead of technical analysis, majority of them, if not all, in the market has to rely on technical analysis when they are trading. So it is the norms, although it’s also good that we traders look into making use of fundamental analysis to look into a coin very well and understand it, because it’s not every time that technical analysis works. Combing technical analysis along with fundamental analysis might be having more percentage of winning chances but for that you must need lots of time to have such a mixture of analysis. What happens is that even if FA and TA are both tools that can help us to better understand the markets at the same time their nature is completely different, FA is great when you are thinking long term and you want to enter a position early and you can hold your coins no matter what, however TA is about timing your entry and exit points in a very precise manner so you remain invested in a coin for as little time as possible while maximizing your gains, which makes it more suited for short term trading. We know that there are certain some news do really pops out like mushrooms which is really that hard to predict or sustain a particular strategy or analysis of yours where it could really stir up everything thats why you do really need to consider on adding up some technical analysis or immediate back up plans whenever unexpected things do really happen along the way. Doesnt matter on which one you would choose yet you could make use of the two depending on your action towards this unpredictable market. Act accordingly on whatever you do see that it would really be that effective, you wouldnt know unless you do try.
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Natalim
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May 19, 2022, 11:48:11 PM |
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...
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading. I think it was not hard to execute especially if we want to succeed. Because for me, TA and FA had something to do with our trades, I'd see them as valuable tools that could help us to make a better trade. Maybe we couldn't make a perfect analysis but at least we increase our chances, unlike if we use nothing. And I certainly recommend using these two, otherwise, you are right, we called it gambling, not trading. Apparently, we can't appreciate things if we tend not to use them in actual scenarios.
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so98nn
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May 20, 2022, 11:02:56 AM |
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Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
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LUCKMCFLY
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May 29, 2022, 03:42:36 PM |
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...
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading. I think it was not hard to execute especially if we want to succeed. Because for me, TA and FA had something to do with our trades, I'd see them as valuable tools that could help us to make a better trade. Maybe we couldn't make a perfect analysis but at least we increase our chances, unlike if we use nothing. And I certainly recommend using these two, otherwise, you are right, we called it gambling, not trading. Apparently, we can't appreciate things if we tend not to use them in actual scenarios. You're right, I really couldn't give any advice or anything that has to do with the BTC market right now, there are many fundamentals, and the truth is that I prefer to think as if I were a whale, and a whale would really panic when trading , maybe that is why the BTC market has dropped so much in price, because somehow the investors have had a lot of panic and have put their money in gold or other investments that they see as safer, or maybe they have passed it to a stablecoin, it is not known..There are many scenarios to happen, suddenly we are speculating on this right now and tomorrow we could see that BTC recovers and reaches $100k, everything is possible.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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CaVO32
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June 03, 2022, 09:26:20 PM |
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Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
Aside from that, TA and FA are important in seeing all angles when you are trading the coin. This will broaden your knowledge on what is happening with the coin's market and so you will have more better approach when it comes to trading. Don't limit yourself to one tool only. As much as possible, get information as much as you can. The more you know about the coin, the better your chance of making good in the trading area. This is why, it is also helpful if you will subscribe to the coin's social media channels. Sometimes they will give you the hint where the project is heading to.
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Captain Corporate
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June 03, 2022, 10:12:39 PM |
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I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
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teosanru
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June 03, 2022, 10:26:57 PM |
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As traders in cryptocurrency trading what kind of framework of analysis do you prefer best to be taken (as an approach) into consideration when it comes to speculating the future of the market (when to buy and sell), be it on a long term or short term?
Is it with: TECHNICAL ANALYSIS or
FUNDAMENTAL ANALYSIS.
I'll like to throw some light about the above mentioned analysis for the benefit of those that have a floating or no knowledge about both. So as to accommodate a wide range of opinions.
Now, simply put, Technical Analysts believe that "past price movement can dictate future price movement". Technical Analysts don't try to find out the intrinsic value of an asset, rather, they look at historical trading activity and try to identify opportunities based on that.
On the other hand, Fundamental Analysis is a framework that aims to identify the "true value" of an asset. Analysts here study the economic and financial factors to figure out if the market valuation of an asset is fair, etc. SOURCE: bit.ly/AcademyEBook2 bit.ly/AcademyEBook1
From the above explanation which could you as a trader possibly go with and why?
Let's discuss.
I think identifying the true value of an asset in Cryptos is pretty difficult not only because generally in stock markets intrinsic value or true value of any asset in stock market is derived using the cash flows which is not the case with crypto markets because no cash flows are really involved here. So I feel best is to try with technical analysis only. I think fundamental analysis is entirely different in Cryptos you study the whitepaper and take knowledge about the project and see how viable it is. But in this you can be successful only if you are into technology.
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Quidat
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June 03, 2022, 11:28:46 PM |
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I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does have news or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could easily fucked up any analysis out there.
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DoublerHunter
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June 03, 2022, 11:56:54 PM |
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I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does have news or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could easily fucked up any analysis out there. ^ Definitely right, it should be we choose them both. TA and FA are the most important in trading, they must partner in crime when you are in trading. Your main tool to speculate is TA and it should be supported by the FA. Because as of now, the most trend will follow every fundamental had, it will depend on the news which has an impact on the BTC price. But always remember that these are all tools in trading only, there is no assurance or guarantee that they will forecast an accurate result upon predicting the market trend.
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Oshosondy
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June 04, 2022, 12:48:33 AM |
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Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail. When you are trading, the technical analysis you will use for altcoins is different because when the fund you are trading with is not yet liquidated for bitcoin, it might have liquidated for altcoin. The coin used in trading can also bring about loss.
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Hypnosis00
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June 04, 2022, 11:21:02 AM |
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Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail. When you are trading, the technical analysis you will use for altcoins is different because when the fund you are trading with is not yet liquidated for bitcoin, it might have liquidated for altcoin. The coin used in trading can also bring about loss. If I use altcoins for trading, I also check Bitcoin's trend. Perhaps, TA and FA are applicable to all coins in the market, however, we mostly put consideration relying upon Bitcoin as we know that altcoins are usually following its trend. Yeah, we can have these analyses and chart reading but what is very important in a trade is a choice of coins. Why were people lost in trading? That was because this not just works based on TA and FA, but also on how we manage them.
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Fatunad
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June 04, 2022, 07:42:20 PM |
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I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does have news or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could easily fucked up any analysis out there. ^ Definitely right, it should be we choose them both. TA and FA are the most important in trading, they must partner in crime when you are in trading. Your main tool to speculate is TA and it should be supported by the FA. Because as of now, the most trend will follow every fundamental had, it will depend on the news which has an impact on the BTC price. But always remember that these are all tools in trading only, there is no assurance or guarantee that they will forecast an accurate result upon predicting the market trend. Choosing them both or using them both would be the key because we know that trading is a game or venture which do involves lots of trial and error which simply means that you would be needing to test out different combinations and applications on tools or indicators which might really be that helpful on making out market related kind of decisions which is something that needs to make some analysis out from it. Its true that market is really highly reactive to news and events and this is where fundamentals do set in but we know that not all the times we are really seeing some news thats why it is sensible that you would be switching up from technical analysis which is something that needs to understand and learnt.
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bhooscream
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June 04, 2022, 11:49:31 PM |
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FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA. Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail. I also think so. Bitcoin may be volatile and altcoins will follow the market trend of Bitcoin. But this is the general thing. WHat happen in the market for altcoins itself is that each altcoin has its own volatility and mostly they are highly volatile. It may change very drastically only in few time frame. that is why for daily trades, TA is very important, moreover supported by FA because sometimes, sudden news is influencing.
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palle11
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June 05, 2022, 10:49:08 AM |
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FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
TA and FA are not the same way but they are to achieve same purpose. Basic thing about TA is that it is chart and can be followed accurately for future, history do repeat itself and trading pattern also happen often times. As to the FA, they are temporal like information or news but very capable to cause high volatility that will bring lose. However it is better having the both knowledge because it prepares us more for what is to come.
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Oshosondy
Legendary
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June 06, 2022, 04:06:20 AM |
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FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
Both traders and holders make use of FA and TA, it depends. An experienced person will first consider to use TA before he buys bitcoin to hold at all, a day trader can decide to open position in direction a news favour after the TA indicates such direction as well. It may change very drastically only in few time frame. that is why for daily trades, TA is very important, moreover supported by FA because sometimes, sudden news is influencing.
Exactly the later I am talking about above, but we should be careful of FA, we should still make use of TA in addition to FA if we are day traders because FA can fail sometimes, like the last time Microstrategy bought bitcoin, we expected the price of bitcoin to increase but it decreased.
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Ziskinberg
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June 06, 2022, 10:40:32 AM |
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FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
TA and FA are not the same way but they are to achieve same purpose. Basic thing about TA is that it is chart and can be followed accurately for future, history do repeat itself and trading pattern also happen often times. As to the FA, they are temporal like information or news but very capable to cause high volatility that will bring lose. However it is better having the both knowledge because it prepares us more for what is to come. Trying to have them both never cause us losses instead, this even helps to have a better market view and future analysis. It was not necessarily we need them as it depended on our comfort, however, I strongly encourage traders to have them, and applying this could give us benefits in return. As per to see, the more you go through good market analysis, the more chance you got good predictions. Many had missed this thing and that was because our TA and FA haven't worked effectively.
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sklopan
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June 06, 2022, 05:08:15 PM |
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Do not forget that most often this choice depends on the situation on the market. Often this really requires a more careful approach, because the situation is rather ambiguous.
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Oilacris
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June 06, 2022, 08:11:46 PM |
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Do not forget that most often this choice depends on the situation on the market. Often this really requires a more careful approach, because the situation is rather ambiguous.
Its indeed situational and just like on the condition or situation where there are big news or events in the market which it could really be in result on not following those indicators in terms of movement which neither it would really be making out some reaction or not specially on Fuds or even on positive news that could happen along the way.Some might really be putting much attention to it thats why they do ignore technicals on the time but there are people whom do really stick with that. Just test both and you would find out which one will really be effective.It all matters on how you do use and make decision through it.
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