A simple way to use FA is to look for divergences between economies.If a country is uploading rates and another going down, you can bet on the country's currency with rising rates.You do not need to do a deep analysis to understand that, but it is very effective.
It makes sense.Interest rates are a large market engine, and divergences between monetary policies often create clear trends.I will incorporate this approach in my frame to simplify my analysis.Thanks for the idea.
Your frame seems very well thought out, but how do you handle unexpected news?For example, geopolitical events that were not in the calendar.Those often cause important movements and sometimes ruin all your previous analysis.
It is a great question.In those cases, I try to keep calm and not react impulsively.If I am already in an operation, I evaluate whether the event really changes the foundations or if it is only temporary noise.If I am not sure, I prefer to get out of trade and wait for the market to stabilize before making decisions.
In the end, I think that FA is useful, but not necessary.There are traders that are profitable without paying attention, and others that are lost in the details and never operate.If you find that it helps you, use it.But if you feel it complicates you, do not be afraid to ignore it.
How interesting thread!I like how you are trying to organize everything.Personally, I believe that the foundations are an excellent tool to confirm trends.I do not use as much FA and you, but I have noticed that it helps much to understand the general panorama, especially in swing trading.
Thank you for your words.It is good to know that others also see value in the FA, even in a secondary role.I would like to know more about how you use it to confirm trends.What factors do you consider most important?
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