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Forex question Is Fundamental Analysis a waste of time?
avatar Lexie
Question by: Lexie - 13 Sep 2016, 00:22:07
Is Fundamental Analysis a waste of time?
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Answers (1)
avatar user 10741
Answer by: JustinJones - 13 Sep 2016, 00:27:09

asically, you're just trying to figure out what the market's going to do given a certain release. This sort of thing take A LOT of experience and LOADS of time tracking prices and news flow. Fundamental analysis is about looking at value. Is a currency over/under-valued based on some kind of economic analysis? That's the sort of thing that can only really be analyzed and traded in longer-term time frames. I'd argue even longer than the 1-month holding period lexys talked about.

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