Fundamentals

[Jotatcha]

Hello Seniors,

i am trying to learn how to carry out fundamentals in the forex market but i find it so difficult. When i enter websites like Bloomberg, CNBC, i find all sort of information and this confuses me on how to carry out fundamentals. Can you help me out on a daily habit to get the essential information to carry out a fundamental analysis

 

[nooby_mcnoob]

Hello Seniors,

i am trying to learn how to carry out fundamentals in the forex market but i find it so difficult. When i enter websites like Bloomberg, CNBC, i find all sort of information and this confuses me on how to carry out fundamentals. Can you help me out on a daily habit to get the essential information to carry out a fundamental analysis

Fundamentals don't matter, markets move because people with money are making decisions and you are trying to figure out what those decisions are. Fundamentals only matter insofar as they MAY influence the decisions of the people with money.

 

[Jotatcha]

i understand that is quite true. So how can i participate efficiently in that money supply decision.
How do i carry out the analysis to get the right timing in taking a good and proper decision

 

[mikeriley]

Click the link to download book.
https://u1lib.org/book/652661/29db5b

 

[Jotatcha]

Thanks very much.
Could you advice me a fundamental book for forex market please

 

[mikeriley]

Be advised, this link is to a website
that provides hundreds of trading books.
You're sure to find what might interest you
if you'll take the time to search.

https://u1lib.org/book/13570279/554086

 

[Jotatcha]

Thanks much.
I have read and it is so illustrative.
I want to be more realistic in my observation.
When i open bloomberg or CNBC, what should i do exactly. Where should i head to ?

 

[SunTrader]

Thanks much.
I have read and it is so illustrative.
I want to be more realistic in my observation.
When i open bloomberg or CNBC, what should i do exactly. Where should i head to ?

You're looking on the wrong websites for currency info. Try this one (no affiliation or endorsement whatsoever):
https://www.dailyfx.com/

Google for others.

 

[Jotatcha]

Suntrader, you think Bloomberg and CNBC are not suitable for great forex analysis to take proper decisions ?

 

[PeterNguyen]

In order to do proper fundamental analysis, you will need to know which info are important and useful cause not all info carry the same weight or affect all market in general. There are big economic data that can create short term fluctuation on the market that you can make use of.