Forex pro analysis

Forex pro analysis is a logical approach used by professionals to break down data and trends into components that can be easily studied even by an amateur investor. Results from a pro analysis facilitate development of better logical approaches to making better yields in trades. .Pro analyses are generated by analysts who take their time to study the market conditions and present them in a way that can make sense to someone that knows little or nothing about the market. One becomes an analyst by gaining extra knowledge about trends, entry and exit points, order placement and general activities in the market.

Forex pro analysis works with timeframes. Accounts are analysed based on the duration such account transaction has run. Therefore achieving a perfect analysis should involve a prompt recording of transaction dates and other vital information. These are basically the tools an analyst will sort for to facilitate his work. Imagine a scenario whereby a trader has none of these information, the professional becomes handicapped and as such has no effect in the market.

As justification to the resources been spent in analysis, pro analyst carries out in depth study and further breakdown of the account. An investor either amateur or master will definitely appreciate a well structured and organised analysis. Undoubtedly such pro analysis will last the taste of time serving its purpose.


Forex pro analyses by forex analyst are of two different types. They include,

  1. The Fundamental and

  2. The technical analysis.


Fundamental analysis is achieved using news based events and economic indicators. It is used to analyse changes and fluctuations in forex market. Fundamental analysis does this by monitoring some Forex market oriented factors which includes; create of unemployment, rate of interest, gross domestic product, etc.


Technical analysis is based on either the manual system or the automated system utilising past and present movements in price to determine the manner a particular currency can be heading to. The manual system is when an analyst analyse technical indicators – which will help an investor to know point of entry and exit. The automated system uses a computer programme. The pro analyst can choose a particular signal which the system will go for and how to break the signals down as a means of interpretation. Automated analysis is void of the encroachment the psychology and emotions of the analyst and so cannot fail.

Both technical automated and manual analysis can be purchased on the internet

There is not the best method of analysis. The choice of a particular type of forex analysis tool is dependent on the trader’s timeframe and access to basic market information a short term investor with low information access and real time quotation will prefer the technical access tool. A long term trader accessing up to date news by minutes or seconds on economic and financial data may go for the fundamental analysis.

A price chart that is well maintained and structured helps in forex pro analysis as Odds can be reversed to favour a movement in trade prices and as well favour an investor and invariably the analyst.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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