Your approach is too simplistic.Do you really think you can interpret foundations looking at a monthly graph?That is like trying to diagnose a disease just looking at an radiography.If you are going to operate based on fundamentals, be sure to analyze interest rates, inflation and employment data, not only lines in a graph.
The question is valid, but you are mixing concepts.The foundations explain the reasons behind market movements;The graphics only show the result of these movements.If you want to operate with fundamentals, you need to study economy and macro data, not just look at a monthly candle and make conjectures.
For a swing trader, the monthly chart can give an idea of ??the general trend, but it is not enough to make founded decisions.If you really want to understand the foundations, you need to investigate the monetary policies of the central banks and other key economic indicators.Without that, you are guessing.
Are you really asking if you can understand the foundations with a monthly graph?That sounds like an excuse not to do hard work to investigate.Fundamentals require a detailed and continuous analysis of economic data, not just look at candles.If you are not willing to do it, you better not call yourself "founded trader."
The monthly chart can help you identify trends, but it will not tell you anything about the foundations.It's like looking at a map without understanding the land.If you really want to operate based on fundamentals, you need data such as GDP, inflation and monetary policies.The graphics are just a visual tool.
The foundations are the base of the market, but the monthly chart cannot interpret them alone.You need to combine both tools to obtain a clearer vision.If you are looking for long -term trends, the graphics are useful.But to understand the "why" behind those trends, you have to look beyond the candles.
The answer to your question is simple: no.Fundamentals cannot be extracted directly from a monthly chart.It is just a representation of what has already happened.If you really want to operate with fundamentals, invest time in understanding the economic and political dynamics that drive the market.
This question reflects a common confusion among new traders.The graphics show past trends, but the foundations are what drives those trends.If you are looking for trends with graphics, perfect.But if you are looking for fundamentals, you need to look at economic reports, not candles.
A monthly chart can show a general trend, but it will not tell you anything about the fundamental reasons behind that trend.If you trust only in graphics to interpret foundations, you are operating blindly.Combine both approaches to make more informed decisions.
It is curious how some traders think that a monthly chart has all the answers.The foundations are not in the graphics, they are in the economic data.If you really want to understand the market, you need to combine technical and fundamental analysis.One without the other is like walking with a single open eye.
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