AriaS
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Hi Hasti!
Fundamental analysis is one of the most demanding. You need to have understanding in economics , follow the economic announcements closely and know what they mean. I suggest you use google for finding good resources to learn those things. But be aware that fundamental analysis is one of the hardest ways to make money. It demands a tremendous knowledge. In the past trading the economic announcements worked really well, but unfortunately not anymore. You might find this story of mine interesting.
Fundamental analysis is one of the most demanding. You need to have understanding in economics , follow the economic announcements closely and know what they mean. I suggest you use google for finding good resources to learn those things. But be aware that fundamental analysis is one of the hardest ways to make money. It demands a tremendous knowledge. In the past trading the economic announcements worked really well, but unfortunately not anymore. You might find this story of mine interesting.
Hi hasti.
I think FA in forex is a cul-de-sac.
The market is so colossal that only the major international banks and funds have the capital to move price by the tiniest fraction. They have the best FA capabilities in the world.
You can't expect to conclude from your FA that the banks and funds have been wrong in their FA.
But what they do is marked by price movements. You will see from the price charts what they are buying and what they are selling. Just do likewise.
I think FA in forex is a cul-de-sac.
The market is so colossal that only the major international banks and funds have the capital to move price by the tiniest fraction. They have the best FA capabilities in the world.
You can't expect to conclude from your FA that the banks and funds have been wrong in their FA.
But what they do is marked by price movements. You will see from the price charts what they are buying and what they are selling. Just do likewise.
