3 Types of Forex Market Analysis

 

By now you’ve learned some history about the forex, how it works, what affects the prices, blah blah blah. CMON LIL NIGGA, let"s jump into the interesting part. Read that Gang.

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ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ. 😴

 

This is all obviously super important, but know that you’re now thinking…

 

BORING!

 

SHOW

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ME

 

HOW

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TO

 

MAKE

 

MONEY

 

ALREADY!!!!

 

Well, say no more friends because here is where your journey as a forex trader begins…

 

This is your last chance to turn back… lol never mind, there is no turn back, you already made it that far, you have in your hands a crazy talented mentor... ME, SenseiFx the one and only, who will guide you through your journey. You're in good hands. Just like in the Matrix movie you feel me?

 

Take the red pill, forget everything, and we’ll take you back to where you were before.

 

You can go back to living your life…

OR…

 

You can take the green pill, which is fully loaded with the dollar extract, and learn how you can make money for yourself in the most active

market in the world, simply by using a little brainpower.

 

 

Just remember, your education will never stop.

 

 

Even after you graduate from the School of Pipsology, you must constantly pursue as much knowledge as you can, so that you can become a true FOREX MASTER!

 

 

The learning never ends!

 

Are you ready to make that commitment?

 

Now pop that green pill in, wash it down with some delicious chocolate milk, and grab your lunchbox… the School of Pipsology is now in

session!

 

 

Three Types of Market Analysis

 

To begin, let’s look at three ways on how you would analyze and develop ideas to trade the market.

 

 

There are three types of market analysis:

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1. Technical Analysis

2. Fundamental Analysis

3. Sentiment Analysis

 

There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know all three.

 

 

It’s kind of like standing on a three-legged stool.

 

If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.

 

The same holds true in trading.

 

Oh wait. Since the stool is supposed to represent how a trader goes about thinking and analyzing the market, it’s missing a brain.

 

 

But wait! The stool needs more brains!

 

There technically should be three brains….to represent the three different types of thought process…

 

 

Ahhh. There we go.

 

You need to have three “brains” when thinking about the market.

 

If your analysis on any of the three types of analysis is weak and you ignore it, there’s a good chance that it will cause you to lose out on your trade!

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