Fundamental stuff

This topic is for people who prefer trading by the fundamentals and care to share trading ideas, experiences, etc....
If you think that trading solely following technicals is nonsense then this is your place to discuss anything.

Please don`t come arguing for the technical approach, it`s not the topic for that, I know it has it`s value, but not on its own. The value of a country`s currency will never really change just because this MA crossed that other MA or because it reached this or that fib level or whatever. When the price really moves, it always has it`s fundamental reason.

I see most people here are all about robots and technical strategies, but i just don`t think that professional traders using those to make money. that is mostly for the losing 90%, no surprise it`s advertised everywhere.

So if you`re trying to follow the fundamental approach, please come in and share whatever you like.

Interested; wanna know more from you! good attempt mate.

I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL

Anayallador posted:
I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL

That’s the ultimate result with robot based trading; till now I prefer manual trading! because, it looks realistic!

Adribaasmet posted:

Anayallador posted:
I think that way as well, some person in my town was all about crypto currencies or such, but I just do not get it. I went to office he reccomends to me and all they did is just work around some robot which will help to increase currency value, they just closed like 1 month ago LOL

That’s the ultimate result with robot based trading; till now I prefer manual trading! because, it looks realistic!

Agree with you; depending on own trading skill is the key! New traders shouldn’t buy any EA or 3rd party based trading system!

Knowledge about Fundamental analysis is very important to make money from this market. You can not survive in this market without proper knowledge and skills.

The fundamental analysis is also an important part of trading and it does go very well with the technical one. I don’t think I can do without knowing the fundamentals in forex.

According to my point of view fundamental analysis is also important like technical analysis. It is a way of looking at the forex market by analyzing economic, social, and political forces that may affect currency prices. Without fundamental analysis it’s hard to analyze market sentiments.

You are right. There should be a combination of both the fundamental as well as the technical analysis for successful trading.

Fundamental is as important as technical analysis. But traders often neglect this one.

LyudmilLukanov posted:
Fundamental is as important as technical analysis. But traders often neglect this one.

Yes. Both are important to make money from this makret.

Fundamental analysis is important but not 100% required. It needs a lot of study to understand fundamental of a currency. If you are very good at technical analysis, you do not need fundamental much.

I trade with technical analysis. But I try to trade by following the fundamental news. If combine the two things, the profit percentage is much better.

Yes, fundamental analysis is also important for trading. You can not make sure that only with technical analysis you will make profit, as if there is any event release the market becomes much volatile and your technical analysis won’t work at that time.

I prefer using a combination of Fundamental Analysis and Technical Analysis. On the fundamental front, I give a lot of importance to economic data of G7 nations and China and when it comes to identifying trends and making entry/exit decisions, Technical Analysis is the tool that I refer to.

I think, we should see both factors fundamentals and technical if you are swing trader.

Those who know how to combine 2 two always have more advantages and a greater likelihood of a good income

Both fundamental and technical analysis are important. If you want to trade purely based on technical, you need to avoid trade around big news events.

@Akasuki Along with fundamental and technical analysis skills, a trader must know about trading psychology. It's the most neglated but most important thing in forex trading.