In Italy, binary option, also known as Opzioni Binarie is one of the most successful trading strategies that Forex traders have been using to make successful Forex moves. This is a Forex strategy whereby one delegates the Forex trading transactions to their brokers so that they can concentrate on doing other things. One advantage with this strategy is that you will not need to make any Forex transactions on yourself and as such, the probability of you making a mistake is eliminated. For you to start making Forex transactions on yourself, you will need to make sure that you have been trained as a Forex trader here in Italy. This is because of the fact that Forex trading is a very risky business. As such, unless one is properly trained on the best ways to make Forex moves, then they may end up making a lot of losses. For you to find a good school where you can enroll for a course in Forex trading here in Italy, you will need to make sure that you have done a proper search of all the schools and colleges that offer Forex education. You can do this search by use of the search engines that are available on the internet.
While many traders rely solely on Forex technical analysis for their analysis of the markets, it also pays to also keep an eye on the fundamental factors that drive the markets.
The fundamental events can have a material effect on market direction and will often upset the technical readings on the chart. This can be due to economic releases not coming in line with analysts’ prior expectations or as a result of sudden changes in policy from a Central Bank or government. Fundamental events work in the opposite manner to technical readings. They are often unforeseen and accounted for events that suddenly hit the market such as geopolitical events, wars and even climate changes. These cannot be factored into the technical reading of a chart.
By combining both technical and fundamental approaches you will gain a much better perspective on market moves. This will naturally mean that you are also better placed to profit from your trading. There is no ‘correct’ form of analysis that you should follow and in trading terms, no reason to remain mutually exclusive to just one school of thought. What matters are the results you achieve. If you learn more about combining both approaches you can make use of the best of both worlds.