Pages:
Author

Topic: Price Action vs Fundamental (Read 303 times)

member
Activity: 546
Merit: 10
December 05, 2018, 06:41:28 AM
#25
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
You can use that both! Price action can determine using indicators. As of now, there is no surging in bitcoin price. You can see it by using fibonacci lines. Well, you can search how it works. Fundamental analysis is good also! But I do not depend in fundamental because I suspect every news to be a FUD.
hero member
Activity: 1750
Merit: 589
December 05, 2018, 05:44:14 AM
#24
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Still having the bear market right now is an opportunity to be grabbed on since prices are low and chance of price bounce is huge. If you decided to go in here, on this industry you already decided for your money to go uncertain even you buy low there are no exact time to sell it high because of volatility. As a newbie, just try what you think will work based on what you are seeing and know about the market.
full member
Activity: 322
Merit: 114
December 04, 2018, 04:11:38 PM
#23
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

Best bear market approach for a newbie is to do nothing. Spend this time learning and wait for a strong reversal signal, then buy and hold. If you try trading in a bearish market without knowing what you're doing you'll get rekt. Understand your own capabilities and the current market and stay away.
sr. member
Activity: 924
Merit: 260
December 04, 2018, 03:02:54 PM
#22
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
You should just tried to be expert in interpreting price action in trading and just little knowledge on fundamentals analysis and you are good to go.  I think as a traders you should be able to interpret candlesticks pattern and formations which brings both the technical and fundamentals issues into the current price action.
hero member
Activity: 1372
Merit: 503
December 04, 2018, 01:41:10 PM
#21
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

Most of the fundamentals really are long term traders so when there's a bear market they try to bag some more and enjoy the sale. As they are very sure that it's just a hiccup of the market and they believe that their position will be more valuable than the price of the downtrend.
member
Activity: 406
Merit: 36
December 04, 2018, 07:22:35 AM
#20
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards   

Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley :)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley   

Thank you all, but both of you answered in the same way Huh
That's the sample of copy pasting neither accidentally or just basically showing off that these guys are just alt-accounts to each other.

By the way, answering topic, fundamental is somehow connected with price action yet you can utilize news events on such possible order would be made.
LOL. Copy pasting with a smile at the beginning at the end of the last one. Users in this space, will not seem to keep amusing me. Fundamental generally like you said should be connected with price action, but fundamental in this space is something you really do not want to care much about. However, anyone who wants to use fundamental should at least wait to see the reaction on the chart first, which is where it would be easy to anticipate for a possibility, but not until then, as you always want to make sure you are threading the market cautiously.
jr. member
Activity: 126
Merit: 5
December 04, 2018, 05:57:40 AM
#19
In this bearish market condition, as a newbie you certainly have no business trading, as it could easily be a waste pipe. I would rather you stay away from trading while using the time to gather more knowledge
sr. member
Activity: 630
Merit: 250
December 04, 2018, 05:23:30 AM
#18
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

That's depend your strategy, most people use price action to know market direction ( technical method ). Fundamental only use to take fast buy fast sell action, this is speculation ( whale ). Strategy is depend your knowledge and experience, as long you know how to use it glory will be yours.
In this market, when obviously nothing reacts to fundamentals, I will say that is the last thing anyone want to be making use of to trade. Sure, you can use it, but the best is to use price action to make the decisions. With price action, there is a possibility of at least anticipating possible movement to any side, but relying on fundamental alone is the last thing anyone want to be doing
member
Activity: 336
Merit: 55
December 04, 2018, 05:13:12 AM
#17
I mostly making a decision depends on the fundamental results but price action also is important so earn some profit. Honestly, i am really confused which action to follow so i always set a proper expectation when to buy or sell that altcoin and also setting a stop loss. Today's market looks no longer following either TA or FA and i felt like a clear manipulation is running in the market. Safest thing to do for now is to do not invest more than 50% of your fiat so that you have your back up money for buy backs.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
December 03, 2018, 02:34:23 PM
#16
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards   

Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley :)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley   

Thank you all, but both of you answered in the same way Huh
That's the sample of copy pasting neither accidentally or just basically showing off that these guys are just alt-accounts to each other.

By the way, answering topic, fundamental is somehow connected with price action yet you can utilize news events on such possible order would be made.
sr. member
Activity: 1680
Merit: 259
December 03, 2018, 06:01:12 AM
#15
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

That's depend your strategy, most people use price action to know market direction ( technical method ). Fundamental only use to take fast buy fast sell action, this is speculation ( whale ). Strategy is depend your knowledge and experience, as long you know how to use it glory will be yours.
newbie
Activity: 88
Merit: 0
December 03, 2018, 05:06:38 AM
#14
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards   

Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley :)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley   

Thank you all, but both of you answered in the same way Huh
jr. member
Activity: 262
Merit: 2
November 29, 2018, 04:14:35 AM
#13
the bear market happened a few days ago and I as a trader prefer price action because I need daily profit and this is important for my current trade. the trading fundamentals that I do are not significantly influential, maybe because this is FUD or fake news
legendary
Activity: 1904
Merit: 1000
November 29, 2018, 03:42:53 AM
#12
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards   

Yes, when the price up or down significantly, fundamentals will be good to be followed otherwise we can use price actions. In cryptocurrency trading, we could use both of the methods in combination. We just need to see what is happening. Whether the price moves normally or not.
member
Activity: 1302
Merit: 25
November 29, 2018, 12:08:38 AM
#11
I think one of the safe things a newbie have to do is money management. Don't be too greedy, the terrain might not be familiar and could be a fire spot for you. Patient also will be good  for you while you watch properly to take a decision.
newbie
Activity: 27
Merit: 1
November 28, 2018, 07:03:06 PM
#10
 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley :)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley   
legendary
Activity: 2576
Merit: 1655
November 28, 2018, 06:13:57 PM
#9
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

None. Because if your goal in the bear market is to make profit, I'm sure you will be having a hard time specially a newbie like you. I would advise you to go to make a step backward and just see how the market moves. Of course if you really wanted to test the waters then go for it, but don't expect a good return because even a mid level trading will find it hard to survived in this bear market.
member
Activity: 490
Merit: 12
November 28, 2018, 11:29:56 AM
#8
In crypto trading fundamental analysis is most profound compared to price action because fundamental moves the market meanwhile price action also work with a higher timeframe unlike the smaller timeframe due to the noises and high volatility more so technical analysis can also be helpful in your trading decisions but cryptos do defies TA in most cases.
legendary
Activity: 1876
Merit: 1003
November 28, 2018, 08:11:40 AM
#7
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?

Depends on trading style. As a short term trader you need to consider real market balance for small timeframes. Fundamental analyse is not suitable for this type of "hit-run"  trading which requires to react instantly on every single movement. Short term traders are looking for best setups on charts which can boost in 5 min-2 hour. In bear market short selling every pullback is good  known common active trading strategy. Newbies should trade on demo accounts before jumping in train Wink
newbie
Activity: 52
Merit: 0
November 28, 2018, 08:07:44 AM
#6
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards   
Pages:
Jump to: