How to perform accurate market analysis
Good market analysis combines the fundamental analysis and the technical analysis. This combination is essential to form a longer-term bias in the market. Good market analysis needs to consider other parts of financial market; stocks,commodities, futures.
Good trader understands correlations between stocks, bonds, interest rates and knows how they impact currencies. Once the trader knows where is the market likely to move, he will apply technical analysis to position his/her money accordingly.
Daily research routine should include Is the market risk on or off? Look at stocks first Economiccalendar. Look for important news and expectations. Prepare for risk events Research what is the market sentiment/mood. Fundamentals/base Price charts and technical analysis. Support & Resistance, Pivot Points, Candlesticks