There is always a debate about which type of analyses are better for a trader or what’s better to be, technical trader or fundamental trader. Both analyses are trying to predict the price movements and future market trends based on different types of informations. Which analysis should we use in forex trading?
Why not a mathematical approach? What do you think all those “fancy” indicators are built off of?
I think it is hard to say which type of analyses we should use in Forex, because it depends on the trading style.
But in my opinion technical analysis in combination with fundemental analyses is utmost powerfull.
@ Leg0nd: A mathematical approach would be great also, but then you have to know a lot of mathematics.
For me it could not work because of the lack of good mathematics, but learning the facts behind
current indications would work good for me.
[QUOTE=“Nivasorva;617176”]I think it is hard to say which type of analyses we should use in Forex, because it depends on the trading style. But in my opinion technical analysis in combination with fundemental analyses is utmost powerfull. @ Leg0nd: A mathematical approach would be great also, but then you have to know a lot of mathematics. For me it could not work because of the lack of good mathematics, but learning the facts behind current indications would work good for me.[/QUOTE]
Can you do 1+1? What about 2/1, or 3*2? Who says you need good mathematics? How do you think they calculate a moving average? Just addition and division my dude, nothing “complex” about it. I’m not saying math isn’t the only approach or right for everyone. I’m simply pointing out all those “fancy” indicators are all math based and the majority of them are very simple indeed. I just decided long ago I trust my own mathematics (which are very simple by the way) more so than someone else’s.
[QUOTE=“Leg0nd;617179”] Can you do 1+1? What about 2/1, or 3*2? Who says you need good mathematics? How do you think they calculate a moving average? Just addition and division my dude, nothing “complex” about it. I’m not saying math isn’t the only approach or right for everyone. I’m simply pointing out all those “fancy” indicators are all math based and the majority of them are very simple indeed. I just decided long ago I trust my own mathematics (which are very simple by the way) more so than someone else’s.[/QUOTE]
Yes that kind of mathematics is possible for me 
great reply btw!
You say that you trust your own mathematics more so then someone else’s. Is there a thread on this forum where you apply them to a strategy? I am curious about it now. Would like to learn from it.
Totally agree) i would like to see that math!
XD you guys are great! Message me and I will gladly send you my excel spreadsheet for you guys to review over and check out exactly what I built! The only math I currently use to trade of of you can find in the trade journal section “Leg0nd’s System 13” go to page 14 and read the long post, that’s exactly what I use right now to predict entire days been pretty successful with it, lose every now and again cuz I’m still building it + human error at times xD. Keep up the motivation!
For me, I only use technical analysis. I don’t spend much time looking at the fundamentals because, although they will set the overall value of the market, they are bad predictors of short term movement.
[QUOTE=“Leg0nd;617480”]XD you guys are great! Message me and I will gladly send you my excel spreadsheet for you guys to review over and check out exactly what I built! The only math I currently use to trade of of you can find in the trade journal section “Leg0nd’s System 13” go to page 14 and read the long post, that’s exactly what I use right now to predict entire days been pretty successful with it, lose every now and again cuz I’m still building it + human error at times xD. Keep up the motivation![/QUOTE]
I tried to send a private message but it gave me a permission denied message 
I would like to receive the excel file to review it, maybe I can deliver some input to make it ever more accurate.
Hmm. Leave me a message on my wall with your email. After I get the email I will delete the message on my wall. Will send the file whenever I get a place to send it lol
On the Aussie, 1 hr, hmm, lower highs but nothing concrete to the downside, h4, poss head & S forming, although no break of the neck line yet.
Large pin bar visible on 1 and 4 hr which formed during an Asian session.
So TA probably saying some sort of a break due but not telling us in which direction, but hinting at a drop in Aussie.
Australia Retail Sales (Feb) and Trade balance coming up shortly - what hints have we on the sales?
Consumer confidence slightly down in March, although imports are up in Feb. a drop in sales is expected, but maybe a healthier than expected trade bal.
So neither fundamentals or TA giving clear direction - is this is the time not to second guess and let events unfold or set a limit sell at today’s Asian high of 9249 with an oco order sell stop at 9228 - both, due to the greater level of uncertainty, with a sl of 15 pips, target is 9200 - the weekly PP.
I dislike tight stops, I also happen think that we will have a positive couple of days on USD regardless of the Aussie, I’m showing how I would combine BOTH fundamentals and TA in a set and forget trade.
Ok, fundies played out as above. Price went up to 9253 so sell at 9249 triggered.
Now removing tp target of 9200, reasonable chance of sell orders there now at London since price didn’t reach the fig during Asian.
Mathematics is included in technical and fundamental analyses.
[QUOTE=“Rambo35;618397”]Mathematics is included in technical and fundamental analyses.[/QUOTE]
Do explain
Coommon man, A guy that cant even count, can still make money in Forex… All this number crunchin, math angles, this and that, is just making the sht harder then it is…
You can win with 2 lines, and kno absolutely nothing about mathematics. finding an edge in the market, is about doing something that less then 5%-10% of other traders are doing!
[QUOTE=“MoneyNVRSleeps;618404”]Coommon man, A guy that cant even count, can still make money in Forex… All this number crunchin, math angles, this and that, is just making the sht harder then it is… You can win with 2 lines, and kno absolutely nothing about mathematics. finding an edge in the market, is about doing something that less then 5%-10% of other traders are doing![/QUOTE]
Ever hear about that guy who traded off elephant migration patterns? What an idea lol. I’m pretty sure no one else trades like that but his system is sh**.
lol, i think i did here about that
[QUOTE=“MoneyNVRSleeps;618412”]lol, i think i did here about that[/QUOTE]
Neat idea, terrible return lol.
[QUOTE=“Leg0nd;617522”]Hmm. Leave me a message on my wall with your email. After I get the email I will delete the message on my wall. Will send the file whenever I get a place to send it lol[/QUOTE]
Hi I also interested in Excel sheet, please suggest how to post message on your wall. Used to score more than 98 percent in maths, let me see am i still ok or got rusted