Age Old Trading Question: Technicals vs. Fundamentals

There is an old saying in trading that the market can remain irrational longer than you can remain solvent.This is especially true in leveraged (margin) trading where you can trade a multiple of your capital.This brings up the question, can you trade purely on technicals and avoid looking at fundamentals of Vice versa?The answer is not clear cut although unless you have very deep pockets there is a better chance to trade purely on technicals rather than on forex fundamentals.This doesnt mean you should ignore either but at a minimum be aware of the fundamentals so you know how to react to news or key events.Take Friday, October 6 as an example when the September US employment report was released. Nonfarm payrolls came