Technical and Fundamental ARE FAKE

indeed at that time it really couldn't be used if it was fake

all of that can happen when you can do something right

technical and fundamental analysis is not fake, maybe you can't do it

I'm not sure if it's all a fake that we use.

Fundamental data is used by traders and investors to understand the condition and economic prospects of a country or company. Fundamental analysis helps in making long term investment decisions so don't say it is fake

I'm not saying it's fake but it could be.

I can't see that because for me technical is very important for all traders or maybe it's better not to use indicators in the form of signals

It is not accurate to categorize technical and fundamental analysis as "fake" in the forex trading industry. Both forms of analysis play important roles in understanding and predicting market movements, and they are widely used by professional traders and institutions.

Technical analysis involves studying historical price data, chart patterns, and various indicators to identify trends, support and resistance levels, and potential entry and exit points. It helps traders make decisions based on price action and market psychology. While it is true that technical analysis relies on past price movements, many traders have found it to be a valuable tool for identifying potential trading opportunities and managing risk.

Fundamental analysis, on the other hand, focuses on analyzing economic indicators, news events, and geopolitical factors that can impact currency values. It involves studying economic data, central bank policies, and market sentiment to evaluate the intrinsic value of a currency. Fundamental analysis helps traders understand the underlying factors driving price movements and make informed trading decisions based on fundamental drivers.

Both technical and fundamental analysis have their strengths and limitations, and successful traders often combine both approaches to gain a comprehensive understanding of the market. Technical analysis provides insights into market sentiment and short-term price patterns, while fundamental analysis offers a broader perspective on long-term trends and macroeconomic factors.

It is important to note that no analysis method can guarantee 100% accuracy in predicting market movements. The forex market is influenced by a multitude of factors, including economic, political, and psychological variables, making it inherently unpredictable. However, technical and fundamental analysis provide traders with tools and frameworks to assess probabilities and make informed trading decisions.

Rather than dismissing technical and fundamental analysis as "fake," it is more productive to acknowledge their value as part of a comprehensive trading approach. Traders should focus on understanding the strengths and limitations of each analysis method, develop their skills, and combine them with risk management techniques and a disciplined trading strategy.

In conclusion, technical and fundamental analysis are not "fake" in the forex trading industry. They are legitimate tools used by traders to analyze market trends, identify trading opportunities, and manage risk. While they have their limitations, they provide valuable insights and can contribute to trading success when used effectively.