After reviewing dozens of published strategies, systems and software over the last 3 years we have arrived at a very clear conclusion on the most profitable approach to trading Forex.
If you have surfed the internet for forex info you will be aware that there are hundreds of 'get rich' forex strategies being sold and a wide range of forex training available out there. These range from $30 for an downloadable ebook to $3000 a day for classroom training. The three step training found on this site is intended to be to the point, simple, and most of all - free!
Over 95% of the material and training we found and reviewed was based on technical analysis and techniques. Less than 5% went into any detail on fundamental analysis and techniques.
Technical analysis is a trading technique using mathmatical indicators on charting software which are based on the historic price trend. Fundamental analysis is a trading technique based on economic indicators, for example a change in a country's interest rate will affect the value of its currency.
So which technique is most profitable?
Our Conclusion
Enter the market using fundamental analysis
and exit the market using technical analysis.
As we stated before, our findings really are that simple and the statement above has repeatedly held true throughout all our testing. The win rate of entering the market using fundamentals far exceeds any technical analysis strategy currently available.
Continue to Step 2...