- Technical analysis
- Fundamental analysis
- Sentimental analysis
Fundamental analysis is studying everything from the overall economy and industry conditions to the financial condition and management of companies (Assume one country as one company).
Sentiment analysis is a type of forex analysis that focuses on identifying and measuring the overall psychological state of all participants in the market.
Nowadays we combine all then to do trading. But the trading community didn't accept technical analysis as a viable tool for making money until the late 1970s or early 1980s. But according to me I can trade and make good profit with the help of technical analysis without analyzing fundamental and sentimental because technical will show the effect of fundamental in the means of price movement and volume but we need to closely look in to it to identity t…