Types of forex analysis with candlestick and pattern technical

Types of Forex analysis with candlestick and pattern technical.

Forex has three main types of Analysis,

1) Technical Analysis 

 2) Fundamental Analysis

Fundamental Analysis

 

 

 

 

 

3) Sentiment Analysis

Sentiment Analysis

How many Types of forex analysis

When i,m start forex not knowing about All three types of Analysis but now i,m knowing all three types of market analysis.
The newbie only use Technical Analysis but if you use only technical Analysis then you must face loss because technical analysis just show market current position,when fundamental analysis show what happen in future.

Technical Analysis

Newbie only use Technical Analysis thats not good because we can not sit one leg chair.
same as if you use only technical analysis you must face loss.

Actually Technical Analysis Apply on the current chart,and big bad effect of technical Analysis is that they only show current position of forex market thats not good.
In Technical Analysis we use many indicators As like

RSI
MACD
Moving Average and many more but if you use many indicators then its so difficult to understand right direction of forex market



Fundamental Analysis.

we are listing many time forex news but can not understand effects of news.
The meaning of fundamental analysis is understanding the news effect and how we can trade with news,which news is profit able.
Fundamental analysis Actually give us in Idea where the market turn in future.

If you want to earn with Fundamental analysis then you must understand effects of news.
In other words the meaning of fundamental analysis is Good or bad economy of a country if U.S economy is good or Japan economy is bad then USD/JPY pair must going Long and if you buy the pair then you must earn.