Financial markets There are various types ranging from forex, stocks, gold, commodities and so on, but here we emphasize it on Forex because forex as the financial market is wide and the most concern.
How to analyze the forex market There are 3 kinds:
1. Technical analysis: analyze the price movement mainly look for the right and valid entry point using technical indicators (including candles and various patterns) for example ma, stochastic, pivot, Bolingeband and so on
2. Fundamental analysis: analyze by emphasizing the news or release of certain fundamental news, fundamentals can also be obtained from the issues that are warm, economic and political turmoil, war, natural disasters and so on in a country.
3. Market sentiment analysis: Analysis by paying attention to market modd or psychology that is occurring on price movements, this analysis is more likely to demand our instincts and can be a powerful tool to predict the price
The three methods of market analysis depend on the style and trading system owned by each trader but it would be nice if the trader can combine the three types of analyzes