How to Read Fundamental Analysis in Forex

ForexTraders

An Online Community for Forex Traders.
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Trading Psychology: Winning The Mental Game

🧠 Master your emotions; the markets will take care of the rest. This subreddit is dedicated to everything that is trading psychology.
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Forex Trading Lessons: A Must For Forex Beginners

Forex Trading Lessons: A Must For Forex Beginners
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Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com #forexevents #upcomingevents #forexnews #economicnews #economiccalendar #technicalanalysis #forexanalysis #forexmarket #traderpulse

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com #forexevents #upcomingevents #forexnews #economicnews #economiccalendar #technicalanalysis #forexanalysis #forexmarket #traderpulse submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com

Upcoming Weekly Forecast of Important News Events & Holidays. For Daily free forex technical and fundamental analysis Use our analysis: https://analysis.traderpulse.com submitted by traderpulse to u/traderpulse [link] [comments]

$12,100 and 278 pips in 10 days. #TBT to the BoE interest rate decision that was announced today. Very many traders struggle with technical analysis strategies. If you want to make serious money in Forex, you'll need to follow fundamental trading strategies at one point.

$12,100 and 278 pips in 10 days. #TBT to the BoE interest rate decision that was announced today. Very many traders struggle with technical analysis strategies. If you want to make serious money in Forex, you'll need to follow fundamental trading strategies at one point. submitted by hotboyswerve to Forex [link] [comments]

08-14 03:22 - 'i've got nothing else better to do, i'm wicked smart, i've learned the fundamentals of forex and technical analysis, and i've been researching how other bots do it. / I think its worth a try, and i'm willing to gamble $100 ove...' by /u/btcnoob69 removed from /r/Bitcoin within 4-14min

'''
i've got nothing else better to do, i'm wicked smart, i've learned the fundamentals of forex and technical analysis, and i've been researching how other bots do it.
I think its worth a try, and i'm willing to gamble $100 over and over repeatedly until I find an algorithm/group of them that works consistently and generates a small profit. as far as stop loss orders, covering my ass was the first thing I researched...
ive got an app pulling in pricing data for bitmex, kraken, poloniex and bitfinex into a sql database and I have code that will generate simple moving averages from the data just like the charts on tradingview.
I have code that will give me awesome oscillator values from the data which also match up perfectly with the charts. I am working on calculating upper and lower limits of bollinger bands as well as relative strength index (RSI). Rsi seems pretty useless but bollinger band values, awesome oscillator values and 9/21 period simple moving averages seem to indicate reversals with striking regularity and with good accuracy.
Since I am receiving data from 4 different exchanges in real time (every 6 seconds), I can average them out and get a true market consensus from the last 6, 12, 24 seconds, whatever and eliminate one-off spikes in prices and get a nice smooth average of the 4 exchanges. the results will be weighted according to volume with the biggest exchanges (bitfinex, bitmex) being more important than the puny ones (kraken) because it makes sense the largest ones are the ones who move the market and the little ones follow along. as I write more code I can plug in more exchanges and get even higher quality data in real time and really have my finger on btc's pulse.
i'm pretty close to putting it all together into an autonomous system that trades by itself. once that is done I will start working on arbitrage and integrate it into the software so I can run bots on all the exchanges and make lightening fast deals using price differentials.
Ill probably get rekt the first few tries but ive got lots of ideas about different models from simple to complex to try. i'm also stubborn and persistent so eventually I'll get there.
Don't worry about me, this is just a hobby, I already have all the money I need to live on. But if I can get it to work, it will be even better.
'''
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Author: btcnoob69
submitted by removalbot to removalbot [link] [comments]

knowledge base section you will find easy-to-understand information on the history of the currency markets, what is the Forex market, how trading works, fundamental and technical analysis, simple explanations on some example technical indicators and key components you will need to get started.

submitted by sgtmarkets to forex_trades [link] [comments]

Slack Group For Learning Crypto Technical Analysis

Hi, we have a group of 10 people in our Slack. We are looking to expand this number and hopefully you will be a good fit :) . We are searching for people who have some experience with technical analysis based trading or are at least experienced with paper trading. This could either be in Cryptocurrencies which is the main focus of the group. Or could be in other markets like Forex or Stocks.
We have a variety of skill levels in the group from beginners through to profitable, we all want to improve quickly. Ideally you would have the same aspirations. One of the main goals of this group is to help each other to become consistently profitable traders who can trade as their full time job.
Everyone in the group trades separately and has their own accounts. We don't want to sell you anything, we are just building a community that aims to help each other succeed.
Some of the things we do in the slack are:

If you are interested in finding out more about the group or want to join, either comment below or Pm me with the below template.
Expression of interest template:
Name:
Country:
Time Zone:
How much experience you have in trading:
What you trade:
Additional comments:
---
Example expression of interest:
Name: Ben.
Country: Australia.
Time Zone: AEDT (GMT+11).
How much experience you have in trading: 6 Months.
What you trade: Cryptocurrency spot and futures. Mostly BTC, ETH, ADA, LTC, ATOM, XTZ, ETC, LINK, THETA.
Additional comments: I have been trading as a pair with 1 other person for the last 6 months. We have been meeting 5 days a week for those 5 months. Working together has been really beneficial for us. The slack group has been around for nearly 2 months now and has made a positive difference to my trading. It took the benefits I was getting from trading with 1 other person and multiplied them.
If you have any other questions ask below :)
submitted by Bensetera to ethtrader [link] [comments]

Former investment bank FX trader: some thoughts

Former investment bank FX trader: some thoughts
Hi guys,
I have been using reddit for years in my personal life (not trading!) and wanted to give something back in an area where i am an expert.
I worked at an investment bank for seven years and joined them as a graduate FX trader so have lots of professional experience, by which i mean I was trained and paid by a big institution to trade on their behalf. This is very different to being a full-time home trader, although that is not to discredit those guys, who can accumulate a good amount of experience/wisdom through self learning.
When I get time I'm going to write a mid-length posts on each topic for you guys along the lines of how i was trained. I guess there would be 15-20 topics in total so about 50-60 posts. Feel free to comment or ask questions.
The first topic is Risk Management and we'll cover it in three parts
Part I
  • Why it matters
  • Position sizing
  • Kelly
  • Using stops sensibly
  • Picking a clear level

Why it matters

The first rule of making money through trading is to ensure you do not lose money. Look at any serious hedge fund’s website and they’ll talk about their first priority being “preservation of investor capital.”
You have to keep it before you grow it.
Strangely, if you look at retail trading websites, for every one article on risk management there are probably fifty on trade selection. This is completely the wrong way around.
The great news is that this stuff is pretty simple and process-driven. Anyone can learn and follow best practices.
Seriously, avoiding mistakes is one of the most important things: there's not some holy grail system for finding winning trades, rather a routine and fairly boring set of processes that ensure that you are profitable, despite having plenty of losing trades alongside the winners.

Capital and position sizing

The first thing you have to know is how much capital you are working with. Let’s say you have $100,000 deposited. This is your maximum trading capital. Your trading capital is not the leveraged amount. It is the amount of money you have deposited and can withdraw or lose.
Position sizing is what ensures that a losing streak does not take you out of the market.
A rule of thumb is that one should risk no more than 2% of one’s account balance on an individual trade and no more than 8% of one’s account balance on a specific theme. We’ll look at why that’s a rule of thumb later. For now let’s just accept those numbers and look at examples.
So we have $100,000 in our account. And we wish to buy EURUSD. We should therefore not be risking more than 2% which $2,000.
We look at a technical chart and decide to leave a stop below the monthly low, which is 55 pips below market. We’ll come back to this in a bit. So what should our position size be?
We go to the calculator page, select Position Size and enter our details. There are many such calculators online - just google "Pip calculator".

https://preview.redd.it/y38zb666e5h51.jpg?width=1200&format=pjpg&auto=webp&s=26e4fe569dc5c1f43ce4c746230c49b138691d14
So the appropriate size is a buy position of 363,636 EURUSD. If it reaches our stop level we know we’ll lose precisely $2,000 or 2% of our capital.
You should be using this calculator (or something similar) on every single trade so that you know your risk.
Now imagine that we have similar bets on EURJPY and EURGBP, which have also broken above moving averages. Clearly this EUR-momentum is a theme. If it works all three bets are likely to pay off. But if it goes wrong we are likely to lose on all three at once. We are going to look at this concept of correlation in more detail later.
The total amount of risk in our portfolio - if all of the trades on this EUR-momentum theme were to hit their stops - should not exceed $8,000 or 8% of total capital. This allows us to go big on themes we like without going bust when the theme does not work.
As we’ll see later, many traders only win on 40-60% of trades. So you have to accept losing trades will be common and ensure you size trades so they cannot ruin you.
Similarly, like poker players, we should risk more on trades we feel confident about and less on trades that seem less compelling. However, this should always be subject to overall position sizing constraints.
For example before you put on each trade you might rate the strength of your conviction in the trade and allocate a position size accordingly:

https://preview.redd.it/q2ea6rgae5h51.png?width=1200&format=png&auto=webp&s=4332cb8d0bbbc3d8db972c1f28e8189105393e5b
To keep yourself disciplined you should try to ensure that no more than one in twenty trades are graded exceptional and allocated 5% of account balance risk. It really should be a rare moment when all the stars align for you.
Notice that the nice thing about dealing in percentages is that it scales. Say you start out with $100,000 but end the year up 50% at $150,000. Now a 1% bet will risk $1,500 rather than $1,000. That makes sense as your capital has grown.
It is extremely common for retail accounts to blow-up by making only 4-5 losing trades because they are leveraged at 50:1 and have taken on far too large a position, relative to their account balance.
Consider that GBPUSD tends to move 1% each day. If you have an account balance of $10k then it would be crazy to take a position of $500k (50:1 leveraged). A 1% move on $500k is $5k.
Two perfectly regular down days in a row — or a single day’s move of 2% — and you will receive a margin call from the broker, have the account closed out, and have lost all your money.
Do not let this happen to you. Use position sizing discipline to protect yourself.

Kelly Criterion

If you’re wondering - why “about 2%” per trade? - that’s a fair question. Why not 0.5% or 10% or any other number?
The Kelly Criterion is a formula that was adapted for use in casinos. If you know the odds of winning and the expected pay-off, it tells you how much you should bet in each round.
This is harder than it sounds. Let’s say you could bet on a weighted coin flip, where it lands on heads 60% of the time and tails 40% of the time. The payout is $2 per $1 bet.
Well, absolutely you should bet. The odds are in your favour. But if you have, say, $100 it is less obvious how much you should bet to avoid ruin.
Say you bet $50, the odds that it could land on tails twice in a row are 16%. You could easily be out after the first two flips.
Equally, betting $1 is not going to maximise your advantage. The odds are 60/40 in your favour so only betting $1 is likely too conservative. The Kelly Criterion is a formula that produces the long-run optimal bet size, given the odds.
Applying the formula to forex trading looks like this:
Position size % = Winning trade % - ( (1- Winning trade %) / Risk-reward ratio
If you have recorded hundreds of trades in your journal - see next chapter - you can calculate what this outputs for you specifically.
If you don't have hundreds of trades then let’s assume some realistic defaults of Winning trade % being 30% and Risk-reward ratio being 3. The 3 implies your TP is 3x the distance of your stop from entry e.g. 300 pips take profit and 100 pips stop loss.
So that’s 0.3 - (1 - 0.3) / 3 = 6.6%.
Hold on a second. 6.6% of your account probably feels like a LOT to risk per trade.This is the main observation people have on Kelly: whilst it may optimise the long-run results it doesn’t take into account the pain of drawdowns. It is better thought of as the rational maximum limit. You needn’t go right up to the limit!
With a 30% winning trade ratio, the odds of you losing on four trades in a row is nearly one in four. That would result in a drawdown of nearly a quarter of your starting account balance. Could you really stomach that and put on the fifth trade, cool as ice? Most of us could not.
Accordingly people tend to reduce the bet size. For example, let’s say you know you would feel emotionally affected by losing 25% of your account.
Well, the simplest way is to divide the Kelly output by four. You have effectively hidden 75% of your account balance from Kelly and it is now optimised to avoid a total wipeout of just the 25% it can see.
This gives 6.6% / 4 = 1.65%. Of course different trading approaches and different risk appetites will provide different optimal bet sizes but as a rule of thumb something between 1-2% is appropriate for the style and risk appetite of most retail traders.
Incidentally be very wary of systems or traders who claim high winning trade % like 80%. Invariably these don’t pass a basic sense-check:
  • How many live trades have you done? Often they’ll have done only a handful of real trades and the rest are simulated backtests, which are overfitted. The model will soon die.
  • What is your risk-reward ratio on each trade? If you have a take profit $3 away and a stop loss $100 away, of course most trades will be winners. You will not be making money, however! In general most traders should trade smaller position sizes and less frequently than they do. If you are going to bias one way or the other, far better to start off too small.

How to use stop losses sensibly

Stop losses have a bad reputation amongst the retail community but are absolutely essential to risk management. No serious discretionary trader can operate without them.
A stop loss is a resting order, left with the broker, to automatically close your position if it reaches a certain price. For a recap on the various order types visit this chapter.
The valid concern with stop losses is that disreputable brokers look for a concentration of stops and then, when the market is close, whipsaw the price through the stop levels so that the clients ‘stop out’ and sell to the broker at a low rate before the market naturally comes back higher. This is referred to as ‘stop hunting’.
This would be extremely immoral behaviour and the way to guard against it is to use a highly reputable top-tier broker in a well regulated region such as the UK.
Why are stop losses so important? Well, there is no other way to manage risk with certainty.
You should always have a pre-determined stop loss before you put on a trade. Not having one is a recipe for disaster: you will find yourself emotionally attached to the trade as it goes against you and it will be extremely hard to cut the loss. This is a well known behavioural bias that we’ll explore in a later chapter.
Learning to take a loss and move on rationally is a key lesson for new traders.
A common mistake is to think of the market as a personal nemesis. The market, of course, is totally impersonal; it doesn’t care whether you make money or not.
Bruce Kovner, founder of the hedge fund Caxton Associates
There is an old saying amongst bank traders which is “losers average losers”.
It is tempting, having bought EURUSD and seeing it go lower, to buy more. Your average price will improve if you keep buying as it goes lower. If it was cheap before it must be a bargain now, right? Wrong.
Where does that end? Always have a pre-determined cut-off point which limits your risk. A level where you know the reason for the trade was proved ‘wrong’ ... and stick to it strictly. If you trade using discretion, use stops.

Picking a clear level

Where you leave your stop loss is key.
Typically traders will leave them at big technical levels such as recent highs or lows. For example if EURUSD is trading at 1.1250 and the recent month’s low is 1.1205 then leaving it just below at 1.1200 seems sensible.

If you were going long, just below the double bottom support zone seems like a sensible area to leave a stop
You want to give it a bit of breathing room as we know support zones often get challenged before the price rallies. This is because lots of traders identify the same zones. You won’t be the only one selling around 1.1200.
The “weak hands” who leave their sell stop order at exactly the level are likely to get taken out as the market tests the support. Those who leave it ten or fifteen pips below the level have more breathing room and will survive a quick test of the level before a resumed run-up.
Your timeframe and trading style clearly play a part. Here’s a candlestick chart (one candle is one day) for GBPUSD.

https://preview.redd.it/moyngdy4f5h51.png?width=1200&format=png&auto=webp&s=91af88da00dd3a09e202880d8029b0ddf04fb802
If you are putting on a trend-following trade you expect to hold for weeks then you need to have a stop loss that can withstand the daily noise. Look at the downtrend on the chart. There were plenty of days in which the price rallied 60 pips or more during the wider downtrend.
So having a really tight stop of, say, 25 pips that gets chopped up in noisy short-term moves is not going to work for this kind of trade. You need to use a wider stop and take a smaller position size, determined by the stop level.
There are several tools you can use to help you estimate what is a safe distance and we’ll look at those in the next section.
There are of course exceptions. For example, if you are doing range-break style trading you might have a really tight stop, set just below the previous range high.

https://preview.redd.it/ygy0tko7f5h51.png?width=1200&format=png&auto=webp&s=34af49da61c911befdc0db26af66f6c313556c81
Clearly then where you set stops will depend on your trading style as well as your holding horizons and the volatility of each instrument.
Here are some guidelines that can help:
  1. Use technical analysis to pick important levels (support, resistance, previous high/lows, moving averages etc.) as these provide clear exit and entry points on a trade.
  2. Ensure that the stop gives your trade enough room to breathe and reflects your timeframe and typical volatility of each pair. See next section.
  3. Always pick your stop level first. Then use a calculator to determine the appropriate lot size for the position, based on the % of your account balance you wish to risk on the trade.
So far we have talked about price-based stops. There is another sort which is more of a fundamental stop, used alongside - not instead of - price stops. If either breaks you’re out.
For example if you stop understanding why a product is going up or down and your fundamental thesis has been confirmed wrong, get out. For example, if you are long because you think the central bank is turning hawkish and AUDUSD is going to play catch up with rates … then you hear dovish noises from the central bank and the bond yields retrace lower and back in line with the currency - close your AUDUSD position. You already know your thesis was wrong. No need to give away more money to the market.

Coming up in part II

EDIT: part II here
Letting stops breathe
When to change a stop
Entering and exiting winning positions
Risk:reward ratios
Risk-adjusted returns

Coming up in part III

Squeezes and other risks
Market positioning
Bet correlation
Crap trades, timeouts and monthly limits

***
Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

Looking For People To Join Our Crypto Technical Analysis Slack Group.

Hi, we have a group of 10 people in our Slack. We are looking to expand this number and hopefully you will be a good fit :) . We are searching for people who have some experience with technical analysis based trading or are at least experienced with paper trading. This could either be in Cryptocurrencies which is the main focus of the group. Or could be in other markets like Forex or Stocks.
We have a variety of skill levels in the group from beginners through to profitable, we all want to improve quickly. Ideally you would have the same aspirations. One of the main goals of this group is to help each other to become consistently profitable traders who can trade as their full time job.
Everyone in the group trades separately and has their own accounts. We don't want to sell you anything, we are just building a community that aims to help each other succeed.
Some of the things we do in the slack are:
If you are interested in finding out more about the group or want to join, either comment below or Pm me with the below template.
Expression of interest template:
Name:
Country:
Time Zone:
How much experience you have in trading:
What you trade:
Additional comments:
---
Example expression of interest:
Name: Ben.
Country: Australia.
Time Zone: AEDT (GMT+11).
How much experience you have in trading: 6 Months.
What you trade: Cryptocurrency spot and futures. Mostly BTC, ETH, ADA, LTC, ATOM, XTZ, ETC, LINK, THETA.
Additional comments: I have been trading as a pair with 1 other person for the last 6 months. We have been meeting 5 days a week for those 5 months. Working together has been really beneficial for us. The slack group has been around for nearly 2 months now and has made a positive difference to my trading. It took the benefits I was getting from trading with 1 other person and multiplied them.
If you have any other questions ask below :)
submitted by Bensetera to CryptoMarkets [link] [comments]

Need technical analysis content

Hi! Im from Brasil and i started to trade binary options on the beginning of the pandemic cuz of youtube scammers, i was tricked so i decided to study macroeconomics and trade Forex. But turns out that im really crappy at technical analysis, been focusing too much on fundamental that i totally forgot the only thing this fucking scammer teached me.
Now im having difficult times to learn technical analysis cuz the content around here ( Brazillian content ) makes me wanna puke. Somebody could give me some great content ( i like price action ), so that i can learn.
Thanks, i really appreciate it.
Edit1: i have one question. Do you guys think Al Brooks is trustable?
submitted by marciliwu to Forex [link] [comments]

Former investment bank FX trader: news trading and second order thinking

Former investment bank FX trader: news trading and second order thinking
Thanks to everyone who responded to the previous pieces on risk management. We ended up with nearly 2,000 upvotes and I'm delighted so many of you found it useful.
This time we're going to focus on a new area: reacting to and trading around news and fundamental developments.
A lot of people get this totally wrong and the main reason is that they trade the news at face value, without considering what the market had already priced in. If you've ever seen what you consider to be "good" or "better than forecast" news come out and yet been confused as the pair did nothing or moved in the opposite direction to expected, read on...
We are going to do this in two parts.
Part I
  • Introduction
  • Why use an economic calendar
  • How to read the calendar
  • Knowing what's priced in
  • Surveys
  • Rates decisions
  • First order thinking vs second order thinking

Introduction

Knowing how to use and benefit from the economic calendar is key for all traders - not just news traders.
In this chapter we are going to take a practical look at how to use the economic calendar. We are also going to look at how to interpret news using second order thinking.
The key concept is learning what has already been ‘priced in’ by the market so we can estimate how the market price might react to the new information.

Why use an economic calendar

The economic calendar contains all the scheduled economic releases for that day and week. Even if you purely trade based on technical analysis, you still must know what is in store.

https://preview.redd.it/20xdiq6gq4k51.png?width=1200&format=png&auto=webp&s=6cd47186db1039be7df4d7ad6782de36da48f1db
Why? Three main reasons.
Firstly, releases can help provide direction. They create trends. For example if GBPUSD has been fluctuating aimlessly within a range and suddenly the Bank of England starts raising rates you better believe the British Pound will start to move. Big news events often start long-term trends which you can trade around.
Secondly, a lot of the volatility occurs around these events. This is because these events give the market new information. Prior to a big scheduled release like the US Non Farm Payrolls you might find no one wants to take a big position. After it is released the market may move violently and potentially not just in a single direction - often prices may overshoot and come back down. Even without a trend this volatility provides lots of trading opportunities for the day trader.

https://preview.redd.it/u17iwbhiq4k51.png?width=1200&format=png&auto=webp&s=98ea8ed154c9468cb62037668c38e7387f2435af
Finally, these releases can change trends. Going into a huge release because of a technical indicator makes little sense. Everything could reverse and stop you out in a moment. You need to be aware of which events are likely to influence the positions you have on so you can decide whether to keep the positions or flatten exposure before the binary event for which you have no edge.
Most traders will therefore ‘scan’ the calendar for the week ahead, noting what the big events are and when they will occur. Then you can focus on each day at a time.

Reading the economic calendar


Most calendars show events cut by trading day. Helpfully they adjust the time of each release to your own timezone. For example we can see that the Bank of Japan Interest Rate decision is happening at 4am local time for this particular London-based trader.

https://preview.redd.it/lmx0q9qoq4k51.jpg?width=1200&format=pjpg&auto=webp&s=c6e9e1533b1ba236e51296de8db3be55dfa78ba1

Note that some events do not happen at a specific time. Think of a Central Banker’s speech for example - this can go on for an hour. It is not like an economic statistic that gets released at a precise time. Clicking the finger emoji will open up additional information on each event.

Event importance

How do you define importance? Well, some events are always unimportant. With the greatest of respect to Italian farmers, nobody cares about mundane releases like Italian farm productivity figures.
Other events always seem to be important. That means, markets consistently react to them and prices move. Interest rate decisions are an example of consistently high importance events.
So the Medium and High can be thought of as guides to how much each event typically affects markets. They are not perfect guides, however, as different events are more or less important depending on the circumstances.
For example, imagine the UK economy was undergoing a consumer-led recovery. The Central Bank has said it would raise interest rates (making GBPUSD move higher) if they feel the consumer is confident.
Consumer confidence data would suddenly become an extremely important event. At other times, when the Central Bank has not said it is focused on the consumer, this release might be near irrelevant.

Knowing what's priced in

Next to each piece of economic data you can normally see three figures. Actual, Forecast, and Previous.
  • Actual refers to the number as it is released.
  • Forecast refers to the consensus estimate from analysts.
  • Previous is what it was last time.
We are going to look at this in a bit more detail later but what you care about is when numbers are better or worse than expected. Whether a number is ‘good’ or ‘bad’ really does not matter much. Yes, really.

Once you understand that markets move based on the news vs expectations, you will be less confused by price action around events

This is a common misunderstanding. Say everyone is expecting ‘great’ economic data and it comes out as ‘good’. Does the price go up?
You might think it should. After all, the economic data was good. However, everyone expected it to be great and it was just … good. The great release was ‘priced in’ by the market already. Most likely the price will be disappointed and go down.
By priced in we simply mean that the market expected it and already bought or sold. The information was already in the price before the announcement.
Incidentally the official forecasts can be pretty stale and might not accurately capture what active traders in the market expect. See the following example.

An example of pricing in

For example, let’s say the market is focused on the number of Tesla deliveries. Analysts think it’ll be 100,000 this quarter. But Elon Musk tweets something that hints he’s really, really, really looking forward to the analyst call. Tesla’s price ticks higher after the tweet as traders put on positions, reflecting the sentiment that Tesla is likely to massively beat the 100,000. (This example is not a real one - it just serves to illustrate the concept.)

Tesla deliveries are up hugely vs last quarter ... but they are disappointing vs market expectations ... what do you think will happen to the stock?

On the day it turns out Tesla hit 101,000. A better than the officially forecasted result - sure - but only marginally. Way below what readers of Musk's twitter account might have thought. Disappointed traders may sell their longs and close out the positions. The stock might go down on ‘good’ results because the market had priced in something even better. (This example is not a real one - it just serves to illustrate the concept.)

Surveys

It can be a little hard to know what the market really expects. Often the published forecasts are stale and do not reflect what actual traders and investors are looking for.
One of the most effective ways is a simple survey of investors. Something like a Twitter poll like this one from CNBC is freely available and not a bad barometer.
CNBC, Bloomberg and other business TV stations often have polls on their Twitter accounts that let you know what others are expecting

Interest rates decisions

We know that interest rates heavily affect currency prices.
For major interest rate decisions there’s a great tool on the CME’s website that you can use.

See the link for a demo

This gives you a % probability of each interest rate level, implied by traded prices in the bond futures market. For example, in the case above the market thinks there’s a 20% chance the Fed will cut rates to 75-100bp.
Obviously this is far more accurate than analyst estimates because it uses actual bond prices where market participants are directly taking risk and placing bets. It basically looks at what interest rate traders are willing to lend at just before/after the date of the central bank meeting to imply the odds that the market ascribes to a change on that date.
Always try to estimate what the market has priced in. That way you have some context for whether the release really was better or worse than expected.

Second order thinking

You have to know what the market expects to try and guess how it’ll react. This is referred to by Howard Marks of Oaktree as second-level thinking. His explanation is so clear I am going to quote extensively.
It really is hard to improve on this clarity of thought:
First-level thinking is simplistic and superficial, and just about everyone can do it (a bad sign for anything involving an attempt at superiority). All the first-level thinker needs is an opinion about the future, as in “The outlook for the company is favorable, meaning the stock will go up.” Second-level thinking is deep, complex and convoluted.
Howard Marks
He explains first-level thinking:
The first-level thinker simply looks for the highest quality company, the best product, the fastest earnings growth or the lowest p/e ratio. He’s ignorant of the very existence of a second level at which to think, and of the need to pursue it.
Howard Marks
The above describes the guy who sees a 101,000 result and buys Tesla stock because - hey, this beat expectations. Marks goes on to describe second-level thinking:
The second-level thinker goes through a much more complex process when thinking about buying an asset. Is it good? Do others think it’s as good as I think it is? Is it really as good as I think it is? Is it as good as others think it is? Is it as good as others think others think it is? How will it change? How do others think it will change? How is it priced given: its current condition; how do I think its conditions will change; how others think it will change; and how others think others think it will change? And that’s just the beginning. No, this isn’t easy.
Howard Marks
In this version of events you are always thinking about the market’s response to Tesla results.
What do you think they’ll announce? What has the market priced in? Is Musk reliable? Are the people who bought because of his tweet likely to hold on if he disappoints or exit immediately? If it goes up at which price will they take profit? How big a number is now considered ‘wow’ by the market?
As Marks says: not easy. However, you need to start getting into the habit of thinking like this if you want to beat the market. You can make gameplans in advance for various scenarios.
Here are some examples from Marks to illustrate the difference between first order and second order thinking.

Some further examples
Trying to react fast to headlines is impossible in today’s market of ultra fast computers. You will never win on speed. Therefore you have to out-think the average participant.

Coming up in part II

Now that we have a basic understanding of concepts such as expectations and what the market has priced in, we can look at some interesting trading techniques and tools.
Part II
  • Preparing for quantitative and qualitative releases
  • Data surprise index
  • Using recent events to predict future reactions
  • Buy the rumour, sell the fact
  • The trimming position effect
  • Reversals
  • Some key FX releases
Hope you enjoyed this note. As always, please reply with any questions/feedback - it is fun to hear from you.
***
Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

Average annual returns from trading

Hi,
I am buy and hold investor and I own 100+ stocks.
I started short term trading few years ago, mainly for educational purposes, either swing trades with stocks in my portfolio or speculations with stocks and ETFs. Just basic technical and fundamental analysis, StockTwits, most of the time guessing and pure luck :-) I won't bet my living on this income.
I know a guy who has been trading options for several years and his average annual return is ~18%. He works 2 hours every workday on trading. He claims that using his strategy risk is very low and the 18% is a good result for his low-risk low-volatility strategy.
On the other hand I know a guy who has been trading on Forex using lot of algorithmic trading SW for his trades and last year he gave up on this and he said that this is barely profitable comparing to like 2010 when he started to doing it.
So I am curious what is the real expectation (from long term view) of annual return if I decide to start trading for living every day for two hours. (Considering I will educate my self and get better, I am not expecting this from the day one, even from the year one probably)
I started to consider this (Options trading) after I talked with the guy because using my current cash capital gaining 18% annual return working two hours a day? Much better hourly rate then my current job, much more free time and still decent living.
submitted by calmint to Trading [link] [comments]

Aspects of behavioral economics as a building block of trading strategy?

Welcome Traders,
thoughts are constantly flowing in my mind that make me think about one thing. The contributions in this and other groups give me an overview of what the various strategies are based on. The essence of the strategies I have encountered are based on either technical or fundamental analysis. Or a combination of these two main factors. Nowhere, however, could I find a strategy that was based purely on the principles of behavioral economics.
The only thing that is related to this from my point of view is partially social trading (copytrading) or classic signal guides... However, I have not found a strategy that deals purely with a behavioral economy in which everything is rationally based on theories from this industry with the absence of technical and fundamental analysis. For example, a strategy that would go beyond tech. a fund. analysis based on theory of reflexivity wtih specific analytical tools? - JUST EXAMPLE FOR BETTER UNDERSTANDING
My question is, have you ever meet with anything like this mainly on forex or other markets?
Have you ever meet with a strategy that seeks to predict future market developments purely through analytical tools that examine the behavior of professional traders with many years of experience?
Thank you for all feedbacks.
submitted by WSSERI to Forex [link] [comments]

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submitted by ViralMedia007 to FREECoursesEveryday [link] [comments]

Some trading wisdom, tools and information I picked up along the way that helped me be a better trader. Maybe it can help you too.

Its a bit lengthy and I tried to condense it as much as I can. So take everything at a high level as each subject is has a lot more depth but fundamentally if you distill it down its just taking simple things and applying your experience using them to add nuance and better deploy them.
There are exceptions to everything that you will learn with experience or have already learned. If you know something extra or something to add to it to implement it better or more accurately. Then great! However, my intention of this post is just a high level overview. Trading can be far too nuanced to go into in this post and would take forever to type up every exception (not to mention the traders individual personality). If you take the general information as a starting point, hopefully you will learn the edge cases long the way and learn how to use the more effectively if you end up using them. I apologize in advice for any errors or typos.
Introduction After reflecting on my fun (cough) trading journey that was more akin to rolling around on broken glass and wondering if brown glass will help me predict market direction better than green glass. Buying a $100 indicator at 2 am when I was acting a fool, looking at it and going at and going "This is a piece of lagging crap, I miss out on a large part of the fundamental move and never using it for even one trade". All while struggling with massive over trading and bad habits because I would get bored watching a single well placed trade on fold for the day. Also, I wanted to get rich quick.
On top all of that I had a terminal Stage 4 case of FOMO on every time the price would move up and then down then back up. Just think about all those extra pips I could have trading both directions as it moves across the chart! I can just sell right when it goes down, then buy right before it goes up again. Its so easy right? Well, turns out it was not as easy as I thought and I lost a fair chunk of change and hit my head against the wall a lot until it clicked. Which is how I came up with a mixed bag of things that I now call "Trade the Trade" which helped support how I wanted to trade so I can still trade intra day price action like a rabid money without throwing away all my bananas.
Why Make This Post? - Core Topic of Discussion I wish to share a concept I came up with that helped me become a reliable trader. Support the weakness of how I like to trade. Also, explaining what I do helps reinforce my understanding of the information I share as I have to put words to it and not just use internalized processes. I came up with a method that helped me get my head straight when trading intra day.
I call it "Trade the Trade" as I am making mini trades inside of a trade setup I make from analysis on a higher timeframe that would take multiple days to unfold or longer. I will share information, principles, techniques I used and learned from others I talked to on the internet (mixed bag of folks from armatures to professionals, and random internet people) that helped me form a trading style that worked for me. Even people who are not good at trading can say something that might make it click in your head so I would absorbed all the information I could get.I will share the details of how I approach the methodology and the tools in my trading belt that I picked up by filtering through many tools, indicators strategies and witchcraft. Hopefully you read something that ends up helping you be a better trader. I learned a lot from people who make community posts so I wanted to give back now that I got my ducks in a row.
General Trading Advice If your struggling finding your own trading style, fixing weakness's in it, getting started, being reliably profitable or have no framework to build yourself higher with, hopefully you can use the below advice to help provide some direction or clarity to moving forward to be a better trader.
  1. KEEP IT SIMPLE. Do not throw a million things on your chart from the get go or over analyzing what the market is doing while trying to learn the basics. Tons of stuff on your chart can actually slow your learning by distracting your focus on all your bells and whistles and not the price action.
  2. PRICE ACTION. Learn how to read price action. Not just the common formations, but larger groups of bars that form the market structure. Those formations carry more weight the higher the time frame they form on. If struggle to understand what is going on or what your looking at, move to a higher time frame.
  3. INDICATORS. If you do use them you should try to understand how every indicator you use calculates its values. Many indicators are lagging indicators, understanding how it calculates the values can help you learn how to identify the market structure before the indicator would trigger a signal . This will help you understand why the signal is a lagged signal. If you understand that you can easily learn to look at the price action right before the signal and learn to watch for that price action on top of it almost trigging a signal so you can get in at a better position and assume less downside risk. I recommend using no more than 1-2 indicators for simplicity, but your free to use as many as you think you think you need or works for your strategy/trading style.
  4. PSYCOLOGY. First, FOMO is real, don't feed the beast. When you trade you should always have an entry and exit. If you miss your entry do not chase it, wait for a new entry. At its core trading is gambling and your looking for an edge against the house (the other market participants). With that in mind, treat as such. Do not risk more than you can afford to lose. If you are afraid to lose it will negatively effect your trade decisions. Finally, be honest with your self and bad trading happens. No one is going to play trade cop and keep you in line, that's your job.
  5. TRADE DECISION MARKING: Before you enter any trade you should have an entry and exit area. As you learn price action you will get better entries and better exits. Use a larger zone and stop loss at the start while learning. Then you can tighten it up as you gain experience. If you do not have a area you wish to exit, or you are entering because "the markets looking like its gonna go up". Do not enter the trade. Have a reason for everything you do, if you cannot logically explain why then you probably should not be doing it.
  6. ROBOTS/ALGOS: Loved by some, hated by many who lost it all to one, and surrounded by scams on the internet. If you make your own, find a legit one that works and paid for it or lost it all on a crappy one, more power to ya. I do not use robots because I do not like having a robot in control of my money. There is too many edge cases for me to be ok with it.However, the best piece of advice about algos was that the guy had a algo/robot for each market condition (trending/ranging) and would make personalized versions of each for currency pairs as each one has its own personality and can make the same type of movement along side another currency pair but the price action can look way different or the move can be lagged or leading. So whenever he does his own analysis and he sees a trend, he turns the trend trading robot on. If the trend stops, and it starts to range he turns the range trading robot on. He uses robots to trade the market types that he is bad at trading. For example, I suck at trend trading because I just suck at sitting on my hands and letting my trade do its thing.

Trade the Trade - The Methodology

Base Principles These are the base principles I use behind "Trade the Trade". Its called that because you are technically trading inside your larger high time frame trade as it hopefully goes as you have analyzed with the trade setup. It allows you to scratch that intraday trading itch, while not being blind to the bigger market at play. It can help make sense of why the price respects, rejects or flat out ignores support/resistance/pivots.
  1. Trade Setup: Find a trade setup using high level time frames (daily, 4hr, or 1hr time frames). The trade setup will be used as a base for starting to figure out a bias for the markets direction for that day.
  2. Indicator Data: Check any indicators you use (I use Stochastic RSI and Relative Vigor Index) for any useful information on higher timeframes.
  3. Support Resistance: See if any support/resistance/pivot points are in currently being tested/resisted by the price. Also check for any that are within reach so they might become in play through out the day throughout the day (which can influence your bias at least until the price reaches it if it was already moving that direction from previous days/weeks price action).
  4. Currency Strength/Weakness: I use the TradeVision currency strength/weakness dashboard to see if the strength/weakness supports the narrative of my trade and as an early indicator when to keep a closer eye for signs of the price reversing.Without the tool, the same concept can be someone accomplished with fundamentals and checking for higher level trends and checking cross currency pairs for trends as well to indicate strength/weakness, ranging (and where it is in that range) or try to get some general bias from a higher level chart that may help you out. However, it wont help you intra day unless your monitoring the currency's index or a bunch of charts related to the currency.
  5. Watch For Trading Opportunities: Personally I make a mental short list and alerts on TradingView of currency pairs that are close to key levels and so I get a notification if it reaches there so I can check it out. I am not against trading both directions, I just try to trade my bias before the market tries to commit to a direction. Then if I get out of that trade I will scalp against the trend of the day and hold trades longer that are with it.Then when you see a opportunity assume the directional bias you made up earlier (unless the market solidly confirms with price action the direction while waiting for an entry) by trying to look for additional confirmation via indicators, price action on support/resistances etc on the low level time frame or higher level ones like hourly/4hr as the day goes on when the price reaches key areas or makes new market structures to get a good spot to enter a trade in the direction of your bias.Then enter your trade and use the market structures to determine how much of a stop you need. Once your in the trade just monitor it and watch the price action/indicators/tools you use to see if its at risk of going against you. If you really believe the market wont reach your TP and looks like its going to turn against you, then close the trade. Don't just hold on to it for principle and let it draw down on principle or the hope it does not hit your stop loss.
  6. Trade Duration Hold your trades as long or little as you want that fits your personality and trading style/trade analysis. Personally I do not hold trades past the end of the day (I do in some cases when a strong trend folds) and I do not hold trades over the weekends. My TP targets are always places I think it can reach within the day. Typically I try to be flat before I sleep and trade intra day price movements only. Just depends on the higher level outlook, I have to get in at really good prices for me to want to hold a trade and it has to be going strong. Then I will set a slightly aggressive stop on it before I leave. I do know several people that swing trade and hold trades for a long period of time. That is just not a trading style that works for me.
Enhance Your Success Rate Below is information I picked up over the years that helped me enhance my success rate with not only guessing intra day market bias (even if it has not broken into the trend for the day yet (aka pre London open when the end of Asia likes to act funny sometimes), but also with trading price action intra day.
People always say "When you enter a trade have an entry and exits. I am of the belief that most people do not have problem with the entry, its the exit. They either hold too long, or don't hold long enough. With the below tools, drawings, or instruments, hopefully you can increase your individual probability of a successful trade.
**P.S.*\* Your mileage will vary depending on your ability to correctly draw, implement and interpret the below items. They take time and practice to implement with a high degree of proficiency. If you have any questions about how to do that with anything listed, comment below and I will reply as I can. I don't want to answer the same question a million times in a pm.
Tools and Methods Used This is just a high level overview of what I use. Each one of the actions I could go way more in-depth on but I would be here for a week typing something up of I did that. So take the information as a base level understanding of how I use the method or tool. There is always nuance and edge cases that you learn from experience.
Conclusion
I use the above tools/indicators/resources/philosophy's to trade intra day price action that sometimes ends up as noise in the grand scheme of the markets movement.use that method until the price action for the day proves the bias assumption wrong. Also you can couple that with things like Stoch RSI + Relative Vigor Index to find divergences which can increase the probability of your targeted guesses.

Trade Example from Yesterday This is an example of a trade I took today and why I took it. I used the following core areas to make my trade decision.
It may seem like a lot of stuff to process on the fly while trying to figure out live price action but, for the fundamental bias for a pair should already baked in your mindset for any currency pair you trade. For the currency strength/weakness I stare at the dashboard 12-15 hours a day so I am always trying to keep a pulse on what's going or shifts so that's not really a factor when I want to enter as I would not look to enter if I felt the market was shifting against me. Then the higher timeframe analysis had already happened when I woke up, so it was a game of "Stare at the 5 min chart until the price does something interesting"
Trade Example: Today , I went long EUUSD long bias when I first looked at the chart after waking up around 9-10pm Eastern. Fortunately, the first large drop had already happened so I had a easy baseline price movement to work with. I then used tool for currency strength/weakness monitoring, Pivot Points, and bearish divergence detected using Stochastic RSI and Relative Vigor Index.
I first noticed Bearish Divergence on the 1hr time frame using the Stochastic RSI and got confirmation intra day on the 5 min time frame with the Relative Vigor Index. I ended up buying the second mini dip around midnight Eastern because it was already dancing along the pivot point that the price had been dancing along since the big drop below the pivot point and dipped below it and then shortly closed back above it. I put a stop loss below the first large dip. With a TP goal of the middle point pivot line
Then I waited for confirmation or invalidation of my trade. I ended up getting confirmation with Bearish Divergence from the second large dip so I tightened up my stop to below that smaller drip and waited for the London open. Not only was it not a lower low, I could see the divergence with the Relative Vigor Index.
It then ran into London and kept going with tons of momentum. Blew past my TP target so I let it run to see where the momentum stopped. Ended up TP'ing at the Pivot Point support/resistance above the middle pivot line.
Random Note: The Asian session has its own unique price action characteristics that happen regularly enough that you can easily trade them when they happen with high degrees of success. It takes time to learn them all and confidently trade them as its happening. If you trade Asia you should learn to recognize them as they can fake you out if you do not understand what's going on.

TL;DR At the end of the day there is no magic solution that just works. You have to find out what works for you and then what people say works for them. Test it out and see if it works for you or if you can adapt it to work for you. If it does not work or your just not interested then ignore it.
At the end of the day, you have to use your brain to make correct trading decisions. Blindly following indicators may work sometimes in certain market conditions, but trading with information you don't understand can burn you just as easily as help you. Its like playing with fire. So, get out there and grind it out. It will either click or it wont. Not everyone has the mindset or is capable of changing to be a successful trader. Trading is gambling, you do all this work to get a edge on the house. Trading without the edge or an edge you understand how to use will only leave your broker happy in the end.
submitted by marcusrider to Forex [link] [comments]

I was creating photos including trading tips and then I collected it to write an article on those tips !

I have so far created tips on strategies like • Price Action Trading • Range Trading Startegy • Trend Trading Startegy • Position Trading • Day Trading Startegy
Price Action Trading :-
This type of trading strategy involves the study of historical prices to formulate technical trading strategies. It is used by retail traders, speculators, arbitrageurs and trading firms who employ traders.
Range Trading Startegy :-
This strategy works well in market without significant volatility and no discernible trend. Technical analysis is the primary tool used with this strategy. Markets trends about 30% of the time which means the other 70% is a trading range.
Trend Trading Startegy :-
Trend trading attempts to yield positive returns by exploiting markets directional momentum.
Position Trading :-
This is a long-term strategy primarily focused on fundamental factors.This strategy can be employed on all markets from stocks to forex.
Day Trading Startegy :-
This is a strategy made to trade financial instruments within the same trading day. Its one of the most famous trading strategies.
All these strategies are available on this source with pictures :- https://jaskaransaini.com/forex-trading-tips-with-pictures/
Indicator Basics are also here !
Indicator Basics
MACD- BUY/SELL SIGNAL
RSI- OVERBOUGHT/OVERSOLD
BOLLINGER BANDS- VOLATILITY LEVELS
9 EMA- SHORT TERM TREND
21 EMA- ENTRY/EXIT POINTS
50 EMA- PLACE STOP LOSS
200 EMA- LONG TERM TREND
VWAP- INTRADAY BREAKOUTS
ADX- STRENGTH OF THE TREND
submitted by lazymentors to Daytrading [link] [comments]

Fundamental Analysis vs Technical Analysis - YouTube Forex Trading FUNDAMENTAL vs. TECHNICAL ANALYSIS Basics of Fundamental Analysis in Forex Trading - YouTube Forex Supply And Demand Technical Analysis Vs Fundamental Analysis Forex Technical & Fundamental Analysis 25th Jan Forex Fundamental Analysis: How To Combine Forex Fundamental Analysis & Technicals For Big Profits! Best Forex Fundamental Strategy (2020)

Forex: Fundamental and Technical Analysis. Fundamental analysis is based upon underlying economic conditions, while technical analysis uses historical prices to predict future movements. There is an ongoing debate as to which methodology is more successful. Short-term traders prefer to use technical analysis, focusing their strategies primarily on price action; while fundamental traders focus ... Although most Forex traders use technical analysis to place their trades, more sophisticated and successful traders tend to increase their success rate by using fundamental analysis in their trading. You can find out more about fundamental analysis in this article and learn how to conduct and apply it for more profitable trading. OK, Guys, Forex Technical Analysis, and Fundamental analysis are the essential parts that provide critical insights on current market trends in forex, cryptocurrencies, commodities, and indices. The main purpose of gaining vast knowledge about forex analysis is to study forex price patterns on a particular asset. Have so many ways to identify price patterns in the markets like technical ... There is a great debate about whether fundamental or technical analysis is best for trading. Learn the differences between the two and how to use them to trade forex. Forex Technical Analysis Explained. As outlined in the introduction, technical analysis stands on the other side of the spectrum compared to fundamental analysis. According to technical analysts, all fundamental factors that impact the currency market like political developments, central bank decisions, GDP, CPI, etc., are already priced in. Technical analysis and fundamental analysis be different very much, but both can be useful forecast tools for the Forex trader. They have the same objective- to predict a price or movement. The technician studies the effect while the fundamentalist studies the cause of market movement. Many successful traders combine a combination of both approaches for superior results. Technical analysis ... In analyzing price action, forex traders make use of two main kinds of analysis. Those who concentrate on price action, and ignore most other factors choose to direct their efforts at perfecting their skills at technical analysis, while traders who prefer to study the economic events that cause the market action mostly focus their efforts in studying fundamental analysis.

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Fundamental Analysis vs Technical Analysis - YouTube

This comparison video takes a look at fundamental analysis and technical analysis from the perspective of an equity investor. We compare the two methods, exp... In this video you'll discover how to combine forex fundamental analysis AND forex technical analysis to uncover trading opportunities that not only have a high probability of success, but also a ... Fundamental Analysis by Rowena Harris-Doughty of LCG http://www.financial-spread-betting.com/spreadbetting/LCG-compare.html Fundamental Analysis is a way at ... #supplyanddemandforex #forex #trading180 Trade Supply And Demand Go To https://www.trading180.com Supply And Demand Zone Trading - Free Forex Trading Course ... FOREX: How To Trade Pure PRICE ACTION (Make Trading As Simple As 1 - 2 - 3) No Indicators! - Duration: 20:07. The Trading Channel 88,450 views. 20:07. 95% Winning Forex Trading Formula - Beat The ... In this interview with Jason Graystone, we will be discussing forex trading, dispelling the myths and teaching you everything you need to know about forex trading! FULL INTERVIEW: https://www ... If you're looking for a fundamental forex strategy to add to your technical analysis then this is the exact thing you're missing in your analysis stopping you from being profitable or missing out ...

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