There are many different approaches to trading the markets but essentially can be broken down into two – technical based trading and fundamental based trading. I have recently been having a number of interesting debates with peers, clients and colleagues about the best route to trading success. Is it by purely trading technically, or what about using the fundamentals to gain an edge or what about a combination of the two?
There are pro’s and con’s to each but for me, without a shadow of a doubt, it is a combination of both. Without one or the other I feel that a trader is missing a huge part of the puzzle. In this weeks video I explain how I use both technical and fundamental trading to powerful effect, using a couple of real trade examples taken over the past couple of weeks to illustrate.
When put together effectively, a sound fundamental based directional approach with an efficient technical entry/exit system, you have a powerful team for trading.
Until we speak next
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