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Fundamentals
- Thread starter Jotatcha
- Start date
Y
You could join a server with traders that uses fundamentals or read a book on the practical application of fundamentals in pricingHello 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
daily fx is really informative than others , i like this approachBeing a newbie I follow dailyfx, it's important to understand the factors behind the price action.
when it is time to trade during news , i always prefer only fx Factory economic calendar which provides exact data with no doubt.
I find DailyFX informative when it comes to economic news.
There are quite narrow market "windows" when fundamental information makes it possible to trade markets profitably: when there is a strong market bias in many asset classes regarding some outcome (central bank decision, forthcoming CPI, NFP, other high-impact report) but the actual information comes as a big a surprise which naturally implies that it will take time for the market to digest this information. Hence there is an opportunity for you as a retail trader to open position ahead of the big players due to different liquidity constraints for them and for you.
agree with youThere are quite narrow market "windows" when fundamental information makes it possible to trade markets profitably: when there is a strong market bias in many asset classes regarding some outcome (central bank decision, forthcoming CPI, NFP, other high-impact report) but the actual information comes as a big a surprise which naturally implies that it will take time for the market to digest this information. Hence there is an opportunity for you as a retail trader to open position ahead of the big players due to different liquidity constraints for them and for you.
IMO it's too late for news trading unless you aim to trade news that take substantial time to digest. But well even most NFP prints are priced in seconds and then market is back in equilibriumwhen it is time to trade during news , i always prefer only fx Factory economic calendar which provides exact data with no doubt.