How Do You Split Your Time Between Technical and Fundamental Analysis?

[NarritiveFx]

How do you people spend your time on analysis of the markets? I've been told that you should spend 100% of your time on technical (and not include fundamental analysis at all), although I feel this should be done, if there is anyone out there who does that?

http://www.flickr.com/photos/111128153@N07/11309327516/

I was pointed in the direction of around 80:20 in favor of technical analysis to make trading decisions. Thoughts?

 

[Rambo35]

It really depends on your trading strategy. I trade the charts, but I am aware of all the economic reports which are being released as it does influence prices and can explain certain spikes in price action.

 

[NarritiveFx]

Thanks for your response, Rambo35, I generally shy away from trading around high-impact economic news - until the dust settles somewhat - but I nonetheless monitor the economic calendar and certainly take account of market sentiment when modifying my trading strategy, and tend to review data using this economic impact analyzer (from forexrazor).

 

[David Train]

I think that both of these analysis are very important. I can't do just technical analysis, because there can be published some economic data and all your technical analysis will break.