Fundamental or technical; where should traders focus more, presently.

[yudi09]

Do not tell me that the two are important and should be used. I know their unique relevance already. But if it comes to you strictly making use of only one, what will your choice be and why.

It depends, of course. Don’t get fixated on just one approach. It’s better to use both, even though the question applies to the current situation and conditions.
Both fundamental and technical analysis must be given serious consideration when conditions change suddenly without warning.
As a position holder, I would choose technical analysis.

[nara1892]

Regardless of the current market situation, I prefer to trade using technical analysis. For me, technical analysis is easier to help me make a profit. I mean, it's easier for me to understand market movements when using technical analysis. Also, because I'm a day trader, I do 2/3 sessions per day with predetermined profit targets and loss limits.

[mindrust]

If the fundamentals suck, technical analysis don't matter to me at all... Fundamentals are always more important. Technicals follow the fundamentals, sometimes a bit delayed but they always do. If the fundamentals are not there, the asset will eventually go to zero and as Warren Buffett says, I don't hodl an asset for 1 sec if I am not prepared to hodl it for 10 years. If the fundamentals are solid, then I check the charts to see if the asset is below or above its fair price...

[Jegileman]

Do not tell me that the two are important and should be used. I know their unique relevance already. But if it comes to you strictly making use of only one, what will your choice be and why.

I will rather go with the technical analysis of the market because that’s what tells the clear picture of what the market is. The fundamental aspect of the market is full of politics and most times, if you’re not in the inner circle, you’ll never get to benefit from the market using fundamental analysis only to trade.

Technical analysis to me is the bedrock of the market and when you follow and learn it thoroughly, you’ll do better in the market than one who depends on the fundamental aspect of the market.

Many traders don’t trade fundamentals and are found well. When they enter a trade or want to enter a trade and a news comes, they exit the trade and wait to trade back when the news is over. So technically, they use the technical skills in the market and get the edge they want in trading.

[Odusko]

I am not supprise to keep reading comments that add a plus to TA because it the
most for day trader's since technical analysis can produce Short term chart reading and information that allows traders to take quick decisions that increases the trading position with in that short time frame an that is th main reason why most seems to chose technical analysis to fundamental analysis as a trading system.

[Barikui1]

Between the fundamental analysis and the technical analysis field in the crypto market today, which will you say have much influence on a trader and investor's sentiment and decision in the market.

I will say that it depends on what you are doing, because a holder can succeed without knowing anything on technical and fundamental analysis as long as he knows how to accumulate consistently true the dca accumulating strategy and hold strong into the future.
Technical and fundamental analysis are mostly used by traders, but it still do not guarantee you to be a success in it because they are not enough to make a trader successful. Knowing how to control your emotions is even more important than both of them while trading, because they will not be useful and put to good use if you can't control your emotions, so I don't think that focusing all your attention on them can give you your desired answer when trading, because patience, emotional control and taking only the best trading set up is as important as technical and fundamental analysis.

[michellee]

Both will be better because traders can gets more data to analyze the market and determine their decision. They will not in rush enter the market.
They can wait for a while until the situation improves so they can enter without doubt. If I have to choose, technical analysis would be my choice. If I am still difficult to analyze, I will leave and not trying to enter the market.

[Perfectbaby]

I am not supprise to keep reading comments that add a plus to TA because it the
most for day trader's since technical analysis can produce Short term chart reading and information that allows traders to take quick decisions that increases the trading position with in that short time frame an that is th main reason why most seems to chose technical analysis to fundamental analysis as a trading system.

Usually both are important but it depends on the individual, because if you want to analyze the market and you are not that sure of the market and you went on believing only on technical without doing the right fundamentals analysis.
But as a trader you should be able to know and do the both analysis before entering trade.

[Aanuoluwatofunmi]

A professional trader should not focus only on one side, we need both the fundamental and technical analysis in order to examine the market condition, this week truly give us an insight on how the market performance is going to be and the direction it may take, it is good that we know how to make use of the indicators for all this and as well be more current about the market as we speculate, everything work together for us to have a perfect approach to the analysis we are going to give.

[Joy- maker]

As a trader you are to focus more on technical analysis, because fundamental analysis does not really matter to you that much as a trader according to how i am seeing things from my own perspective. And the reason why i said so is because, fundamental analysis does not really matter most of who are traders are already familiar with most assets; therefore we know assets that are undervalued and overvalued.

[IjawMan]

Not strange to me that all the traders replies prioritises the technical analysis to be what they place importance on than fundamental. Trading requires much thinking with the use of indicators to filter the noise on the chart giving the trader clear visuals on what decision to take next.

 Fundamental may impact on the chart but it  not what we frequently get for traders to depend  far much as they will do with the technical tools like a compass to navigate the market at every giving time.

[sergiorus]

Fundamental may impact on the chart but it  not what we frequently get for traders to depend  far much as they will do with the technical tools like a compass to navigate the market at every giving time.

Basically true.

Technicals determine the trend, fundamental add fuel to it.

Very rarely fundamentals can reverse a trend, it has to be a groundbreaking event and in 99% of cases that just isn't so.

[Junii]

what will your choice be and why.

Well it depends on my mood if i see a probability of scalp trading then i will prefer technical analysis more because in a quick scalp you know very well that it works good. If my goal is for long term then i will see the fundamentals. If there is a chances of swing trade i will choose both technical  plus fundamentals. So its all about the setup and the probability of a trade whether i see market is favorable  for a swing trade or for a scalp or any other different type i will use technical or fundamentals  according to it.

[barbara44]

Fundamental may impact on the chart but it  not what we frequently get for traders to depend  far much as they will do with the technical tools like a compass to navigate the market at every giving time.

Basically true.

Technicals determine the trend, fundamental add fuel to it.

Very rarely fundamentals can reverse a trend, it has to be a groundbreaking event and in 99% of cases that just isn't so.

Trend as in happenings on the real world? As I think there is also trend inside the market or in the charts, and this is why there is a thing like a tend line. But if it is the former you mean, then that should be about fundamental but the other is now technical.

Anyways, I too notice that in trading, many uses technical over the fundamental. So the outcome of their actions are caused by it and fundamentals are only like an addition, or as you said an extra fuel for the fire. A ground breaking event can happen in crypto. In fact it occurs often but that being said, people are used to them already. So it may not shake them anymore. Maybe if this groundbreaking event happen on the outside, then that is the ones that can have a bigger impact.

[sergiorus]

Fundamental may impact on the chart but it  not what we frequently get for traders to depend  far much as they will do with the technical tools like a compass to navigate the market at every giving time.

Basically true.

Technicals determine the trend, fundamental add fuel to it.

Very rarely fundamentals can reverse a trend, it has to be a groundbreaking event and in 99% of cases that just isn't so.

Trend as in happenings on the real world? As I think there is also trend inside the market or in the charts, and this is why there is a thing like a tend line. But if it is the former you mean, then that should be about fundamental but the other is now technical.

Anyways, I too notice that in trading, many uses technical over the fundamental. So the outcome of their actions are caused by it and fundamentals are only like an addition, or as you said an extra fuel for the fire. A ground breaking event can happen in crypto. In fact it occurs often but that being said, people are used to them already. So it may not shake them anymore. Maybe if this groundbreaking event happen on the outside, then that is the ones that can have a bigger impact.

Fundamental trends don't always determine trends on the charts (as per the picture)
The vast majority of the trading capital (banks, trading firms, funds etc) look primarily on technical trends on the charts and their money keeps moving those trends. It takes very very serious events to affect the market trends nowadays and even then the reversals are not very long.

[goldkingcoiner]

Technical reflects the trend but fundamental is basically the news which gets bought or sold. Right now though, I would say fundamental is far more important due to the irrational and turbulant geopolitics going on in the world with USA/Iran, Russia/Ukraine and so on.

But the thing is, with fundamental you will only understand the price movement but you will never predict it or be able to be the first to get the news (unless you are some kind of high ranking insider).

Predicting the trend is still not really 100% possible but you can get a feel for the direction with technical analysis and fundamental analysis 50-50.

[HONDACD125]

Let keep it simple, straight and informative with our inputs on this it may help to a confuse trader reading what one has been useful for most profit for traders presently.

Between the fundamental analysis and the technical analysis field in the crypto market today, which will you say have much influence on a trader and investor's sentiment and decision in the market.

Do not tell me that the two are important and should be used. I know their unique relevance already. But if it comes to you strictly making use of only one, what will your choice be and why.

I would say it depends on what has recently been going on around the world and how the crypto market has been reacting based on the events. For example, if there is a war going on between two countries, such as the most recent one between Iran and USA-Israel. Now I as a trader should observe the unfolding events and see their direct affect on the market, and then decide whether I should currently go with fundamental analysis or stick to technical analysis, because if the events aren't having much of an affect, there is no point in basing your prediction on them, so going with technical analysis would be better.

However, if I observe that the events or even the announcements such as the tweets or posts from either side are affecting the market largely, then there is no point in going with technical analysis because a single post from one side could basically change all the dynamics of the market, and you could get in trouble if you have based your trades on technical analysis alone.

So, I think it depends on what is actually going on, and a trader should have good observation skills to find this out.

[Gozie51]

Do not tell me that the two are important and should be used. I know their unique relevance already. But if it comes to you strictly making use of only one, what will your choice be and why.

No. One is definitely better. It is better because more traders use it more than they use the other. That is technical analysis.

Fundamental comprise of news and most times it appears confusing to analyse and follow especially in a controlled market like forex market. When you see positive news then you will expect price to start buying but it will give you opposite direction until a certain time or days before it stabilizes for buy. This is about fundamental. But, when it comes to cryptocurrency that is not regulated, it is more difficult to say that a particular information can trigger market price to a certain direction.

So I believe that technical analysis is more directional that can get you focus to see the direction that price is going using price action, spike, support and resistance etc.

[Asiska02]

Fundamental analysis is what doesn’t always play a role in the market as much as technical analysis does in the market. Understanding technical and fundamental principles of the market is very important and this has made many traders profitable and stand a very strong advantage in making money from the market.

For swing traders, they’ll need both technical and fundamental analysis to stand an edge in the market, but for day traders, they’ll rely more on technical analysis unless they’re in a trade that would trigger a fundamental news that day. If not, they don’t pay much attention to fundamental analysis as much as a swing trader does when about to take a trade.

[bitgolden]

what will your choice be and why.

Well it depends on my mood if i see a probability of scalp trading then i will prefer technical analysis more because in a quick scalp you know very well that it works good. If my goal is for long term then i will see the fundamentals. If there is a chances of swing trade i will choose both technical  plus fundamentals. So its all about the setup and the probability of a trade whether i see market is favorable  for a swing trade or for a scalp or any other different type i will use technical or fundamentals  according to it.

Quick scalp is of course a great way to seize a good profit right away, but it's also not that common, and doesn't happen that often. So it is not reliable, doesn't mean that you are going to make that profit all the time and it is not consistent.

You could be making a good profit today, and for a month you may not find any that would be good, depends on your pace and your setup as well and how much time you have. So in reality, scalping is type of trading that I would let bots handle, and I personally won't touch it.