Forex trading - what are the negatives?

[Mr J]

All traders have a strategy, so I'm not sure what you mean. I don't think technical analysis means charts, but just studying price, time, volume etc. This can be done on charts, the DOM, tape etc. Most traders seem to use technical analysis to an extent.

 

[lasty]

Do professional traders make decisions based on technical analysis or strategy trading?

By technical analysis I mean charting, with attention to fundamental events

Is strategy trading still in the game? Developing a strategy, back-testing, implementing a strategy, changing it etc.

There are different levels of trading that professionals undertake.
It all has to do with time.
Example... Someone who is running a millisec algo isnt worried about fundamentals or charts.. It works on price action.
Many bank traders whose role is execution for clients focus on price action.

Then you have guys who look at the the day to day movements, these guys use mainly technicals with a small influence of fundamentals.

Then you have the Proprietory traders who may look at weekly,monthly or yearly positions who would focus on fundmentals with chart support.