How to analyze forex market?

How to analyze forex market properly

You are going to be confused with the countless different answers you will get here.

Most people thought would agree you use a method called Top Down Analysis.

The best place I have found on Analysis of the Forex Market is following Kathy Lien on Twitter and following a YouTube channel Traders4Traders.

Both are absolutely top notch former full time traders for some of the world’s biggest financial institutions.

Hope this helps you begin your understanding.

Your question is like “which car is good” it is depend on your needs, be more precise.

Yes, there are many analysis methods and many strategies. When trading one strategy, one trader can make money using this strategy, while another can lose money. Therefore, only personal practice will show how certain methods of market analysis work, which of them are profitable, and which ones give many wrong signals. Therefore, you will have to put a lot of theory into practice and determine for yourself a convenient method of market analysis and choose a strategy.