Hello everyone,
pls is there any difference with using technical analysis to trade forex and with stocks? I have a system that i believe so far is working well for me in stocks trading using technical analysis as well as forex. But i’m just wondering perhaps there is something i do not know.
I’ve never traded stocks with technical analysis before, so I might be totally wrong, but I believe that a system that works on stocks [I]can[/I] work with forex, but won’t [I]necessarily[/I] work with forex.
What drives stock prices isn’t quite the same thing as what drives forex prices. I’d say demo/backtest your stock system and see how it works in the forex market. That’s the only way you’ll ever really know.