Fundamental Analysis

Jan 10, 2020 at 10:17
2,485 Views
32 Replies
Member Since Nov 02, 2019   4 posts
Jan 10, 2020 at 10:17
In Fx it's possible for a trader to make some money through Careful analysis of charts also knowns as Technical Analysis. However other are using fundamental analysis with the news events like NFP, and many other major news being analysed to execute a trade. From a professional point of view how does one learn to analyse Forex via Fundamentals since to me it's not easy to prediction the direction of Currencies pair through new outlets so what's the secret behind this one.
Financial Freedom through foreign exchange market is an obsession.
Member Since Mar 07, 2019   1 posts
Jan 12, 2020 at 13:55
hi guys
Member Since Nov 02, 2019   4 posts
Jan 12, 2020 at 14:34
Hello Nomoz
Financial Freedom through foreign exchange market is an obsession.
Member Since Apr 25, 2020   119 posts
Jun 10, 2020 at 04:57
If you give yourself time to understand the fundamental analysis, then you can very well put it into practice.
Member Since Oct 22, 2019   41 posts
Jun 16, 2020 at 04:47
I agree fundamental analysis is as important as technical. I too haven't totally been able to do it myself. You can check out fxview, dailyfx and earnforex on twitter/fb. They post reports everyday and are very helpful for learning.
Member Since Jun 16, 2020   35 posts
Jun 19, 2020 at 12:02
Fundamental news is as much impactfull as technical analysis. Monitoring the market analysis is much required for trading. Make a thorough understanding of this and put your trades accordingly. This can lead you to make right decisions technically.
Member Since Dec 18, 2019   20 posts
Jul 12, 2020 at 17:27
Fundamental analysis of the Forex can be used either independently or in combination with technical analysis. Thus, an unfavorable forecast of further price movement may lead to early closing of open transactions or fixation of those orders, which previously trader expected to bring at least to zero. There is an opinion that the publication of news temporarily violates the principles of technical analysis, so when trading on the basis of technical analysis, it should be stopped and resumed only when the usual rhythm of fluctuations occurs.
Member Since Apr 18, 2019   29 posts
Jul 20, 2020 at 16:02
Being engaged in fundamental analysis, the trader studies the current state of the economy. As well as specific news that may be relevant, even if indirectly, to his trade. Not only economic news, but also political and social news and general news can influence markets.
Exploring different aspects of the world of finance and economics takes a lot of time. However, if properly performed, fundamental analysis produces an effective result. Fundamental analysis, like any other, is based on the desire not to be vulnerable to unexpected market reactions.
Member Since Feb 07, 2020   41 posts
Sep 15, 2020 at 08:43
In my opinion, both the analysis are very crucial for trading because both have different impact and effects. Both of the analyses cover different aspects like the technical analysis charts and past data whereas fundamental analysis covers price effects. So both have their separate essentiality.
Member Since Sep 28, 2020   10 posts
Sep 28, 2020 at 08:10
Dude do you analyze that fundamental analysus is not only about news.
It is much more laborious work.
You must analyze the entire market entity.
All historical points.
Is there was situation before.
Member Since Feb 07, 2020   41 posts
Sep 29, 2020 at 09:21
Fundamental analysis is a method of measuring a security's intrinsic value by examining related economic and financial factors. The end goal is to arrive at a number that an investor can compare with a security's current price in order to see whether the security is undervalued or overvalued. Fundamental analysis is as crucial as technical analysis as it studies past performance, prices, market conditions, and factors lead to movement in the market. It is very essential to look for fundamental analysis.
Member Since Jul 10, 2020   34 posts
Oct 19, 2020 at 11:07
If you’re scalping you can’t be using FA too much.
Member Since Jan 17, 2021   31 posts
Jan 17, 2021 at 19:43
It is sure very important.
Member Since Dec 14, 2020   18 posts
Feb 11, 2021 at 04:25
Fundamental along with the technical analysis is very important for trading forex. It is important to have some knowledge about them.
Member Since Nov 19, 2020   104 posts
Feb 20, 2021 at 05:29
Both technical and fundamental analysis are crucial parts of trading in my opinion, however, it all comes down to the trading style of a trader and his strategies.
Member Since Dec 05, 2020   81 posts
Feb 26, 2021 at 06:19
antonyhollinwooe posted:
If you’re scalping you can’t be using FA too much.
Yea,technical analysis is a must for scalping, but leaving out fundamental analysis is also not the right thing to do.
Member Since Jun 04, 2021   1 posts
Aug 17, 2021 at 09:03
255_forex posted:
In Fx it's possible for a trader to make some money through Careful analysis of charts also knowns as Technical Analysis. However other are using fundamental analysis with the news events like NFP, and many other major news being analysed to execute a trade. From a professional point of view how does one learn to analyse Forex via Fundamentals since to me it's not easy to prediction the direction of Currencies pair through new outlets so what's the secret behind this one.

Sorry to bring up this topic, but I am a beginner and would like to start work in Fx trade, advise me where to get the start-up capital!
Member Since May 04, 2021   3 posts
Aug 17, 2021 at 09:36
Releaseone posted:
255_forex posted:
In Fx it's possible for a trader to make some money through Careful analysis of charts also knowns as Technical Analysis. However other are using fundamental analysis with the news events like NFP, and many other major news being analysed to execute a trade. From a professional point of view how does one learn to analyse Forex via Fundamentals since to me it's not easy to prediction the direction of Currencies pair through new outlets so what's the secret behind this one.

Sorry to bring up this topic, but I am a beginner and would like to start work in Fx trade, advise me where to get the start-up capital!

I saved up my first capital for about three years. I worked at a terrible job, and every day was like hell. I earned pennies, but I didn't stop because I knew I couldn't work here all my life. After making a lot of money, I lost a lot of money on Fx trader, but I was a beginner then. Now everything is different; I earn decent money to live and do not deny myself anything. I try to help my friends, and I want them to work with me. So last week, I helped a friend to make his first deposit in Fx trader we just took a loan . Now that he has the money, we can teach him. It is not a fact that you will make a lot of money on your first trades. You have to learn to analyse the market every day.
Member Since Jun 04, 2021   4 posts
Aug 31, 2021 at 07:16
Both technical analysis and fundamental analysis are helpful in forex trading. Technical analysis helps in understanding the historical price action that further helps in identifying patterns and determining possibilities of the future movements of the currency pair you are interested in. On the other hand, fundamental analysis works great when you want to know how political, economical, and social factors affect a currency pair so that you can make better trading decisions on the basis of currency’s intrinsic value.
Member Since Aug 26, 2021   9 posts
Aug 31, 2021 at 10:31
lynellmalcolm posted:
Both technical analysis and fundamental analysis are helpful in forex trading. Technical analysis helps in understanding the historical price action that further helps in identifying patterns and determining possibilities of the future movements of the currency pair you are interested in. On the other hand, fundamental analysis works great when you want to know how political, economical, and social factors affect a currency pair so that you can make better trading decisions on the basis of currency’s intrinsic value.

I think the best strategy will be made when fundamental and technical are combined. Has anyone done this? I am not sure where to start
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.