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Fundamental Analysis
255_forex

Member Since Nov 02, 2019  4 posts Emmanuel (255_forex) Jan 10 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.
Marraby

Member Since Feb 18, 2019  15 posts Marraby Jan 12 at 11:57
News is a good benchmark for investment portfolio formation and I even know traders who work only on fundamental analysis without technical in principle. Actually often such approach justifies itself, because news or strong reports cause the strongest movement in the market. But it too has the nuances which should be studied constantly, especially it can be difficult when two or three strong events leave at one time or you observe strong correlation direct or inverse between assets. But fundamental analysis has a perspective. You can start with the strongest, with the same NFP and gradually try to work out reports on oil, retail and wholesale volumes, etc.

Nomoz

Member Since Mar 07, 2019  1 posts Nomoz Jan 12 at 13:55
hi guys

255_forex

Member Since Nov 02, 2019  4 posts Emmanuel (255_forex) Jan 12 at 14:34
Hello Nomoz

Financial Freedom through foreign exchange market is an obsession.
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