Fundamental Analysis

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.

hi guys

Hello Nomoz

If you give yourself time to understand the fundamental analysis, then you can very well put it into practice.

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.

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.

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.

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.

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.

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.

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.

If you’re scalping you can’t be using FA too much.

It is sure very important.

Fundamental along with the technical analysis is very important for trading forex. It is important to have some knowledge about them.

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.

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.

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!

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.

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.