i will close this trade in a few minutes if it can't break through this level
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
Historical News data and news trading 5 replies
Pre-news sentiment - an alternative to news straddle? 35 replies
NEWS Trading or TECHNICAL Trading? 22 replies
DislikedI am suscribed to this thread! I have been trading with technicals for some years but only on demo.. I have recently started live trading. Being kinda profitable but not as desired. I would like to start getting involved with some fundamentals, altho its is not my strength. I want to learn properly but I really dont know where to start and there is hard to find good information in Spanish (mother language) Would you mind giving a basic and short explanation on how you do your analysis and how you get the sentiment for currencies? Also where do you...Ignored
Dislikedglobal concerns about growth have returned and the market is very nervous. Bought a a technical breakout of gold to coincide with market sentiment {image}Ignored
Disliked{quote} Thanks for your replay Eco! I just posted something on a thread where you participate. There is a discussion of technicals vs fundamentals as usual, but I posted my technical approach. I trade on the Daily chart and I would like to add some fundamentals to it. What kind of fundamental Analysis do you recomend for Daily chart trades that might take 1 day to 1 week for profit? By the way I am going to start studying right now all the things you mentioned.. Starting from understanding Central banks statements, monetary policies, interest rates,...Ignored
Disliked{quote} . What kind of fundamental Analysis do you recomend for Daily chart trades that might take 1 day to 1 week for profit?Ignored
Disliked{quote} Interest rate path. You don't need to research much for this either. Look at central bank forecasts and read their statements. Replied about this in the other thread which i am sure you have readIgnored
Disliked{quote} Yes I have read it. Thanks for replying! I will start studying this and see if I can have and idea of which currency is stronger or should be stronger than other. Hopefully I can apply it well to my trading and lower my margin error. Where did you get that graph that shows the funds rate compared to US dollar? On the other hand, I have already started studying the UDEMY course about news that you suggested on the other thread. I am finding it very interesting. Never thought of approaching the market this way. I hope to contribute to this...Ignored
Disliked{quote} The image is from the tradingeconomics site. That course, and the way I trade in general, is intraday so might not be suitable to your general approachIgnored
Disliked{quote} I know, I won't interfiere the thread with my trading. I am just open to different views and approaches since I have been Live trading for the last 6 months only. Demo trading for longer tho. But I can't really know if I am going to be able to be profitable on the long run. So I am always willing to learn new things. I am finding very interesting how you manage to trade with fundamentals and interpreting the news from the economic calendar. Also, you explain your reasoning behind your trades so I find it very helpful to learn this approach...Ignored