Thread: need help learning Fundamentals

Economic Calendar ofnigeriaforextradingis your ideal way of learning fundamental analysis! Thus, spend additional time with Economic Calendar of FF.

Originally Posted by ;

Economic Calendar ofnigeriaforextradingis your ideal way of learning fundamental analysis! Thus, spend more time with Economic Calendar of FF.

I know it's the ideal supply of ensuring fundamental data by reside economic calendar. But that is enough for making profit during news ?

A good Novel is The Foreign Exchange Matrix by Barbara Rockefeller as well as Currency Trading for Dummies by Brian Dolan.

Originally Posted by ;

quote I know it's the ideal source of ensuring fundamental data by live economic calendar. However, that is sufficient for making profit through news ?

I, personally, believe that it takes quite a lot more than checking a forex calendar daily - even the one here on FF, which is very comprehensive - to understand fundamental analysis. The calendar can provide you with useful information for that analysis, it can't teach you fundamental analysis.

Originally Posted by ;

quote I, personally, think that it requires quite a lot more than checking a FX calendar daily - even the one here on FF, that is very comprehensive - to learn fundamental analysis. The calendar can provide you with useful data for that analysis, it can not teach you fundamental analysis.

Totally agreed. I'd even go on to state you can use fundamental analysis to trade without using an economic calendar at all. In my opinion, fundamental analysis is what actually moves the currency prices. If you do not know/understand the main cause of the currency rates or why they are what they are, then you're basically betting/gambling rather than trading.

Originally Posted by ;

quote Completely agreed. I'd even go on to state you can use fundamental analysis to trade without even using an economic calendar in any respect. In my view, fundamental analysis is that which actually moves the currency prices. If you do not know/understand the main cause of the currency rates or why they are what they are, you're basically betting/gambling and not trading.

That is actually a fairly good point. I have met a few purely fundamental analysis traders because I begun trading and they were not utilizing the calendar much or at all. Obviously, people were a people with enormous knowledge about economy and its international tendencies, so it was interesting to see them work.

[quote= the very easiest why to comprehend Fundamentals trading. [/quote]


That is just one simpler way you'll be able to look at fundamental analysis ,
” If you think of those markets as a major clock, fundamentals are the gears and springs which move the palms around your face. Everyone can let you know what time it is now, but the fundamentalist understands about the inner workings which transfer the clock's hands towards occasions (or prices) in the future.”