I have realized that most traders focus their trading on technical analysis because they do not understand fundamental analysis and find it extremely difficult to understand. I would like to hear your opinions on Fundamental analysis. Do you understand it? Can you apply it correctly to your trading? How is your trading success from using Fundamental Are you facing difficulties with fundamental analysis? If it can be simplified would you be open to learn fundamental analysis?
You know there is a little secret about fundamental analysis that a lot of people may not be aware of. The secret is that it only applies on longer time frames. Like daily, weekly or monthly charts. Economic data and news may close out a position on the short time frames, but on longer time frames it ushers in changes in trend or alters momentum.
The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
Fundamental analysis involves taking into account the economic position of the a country which means inflation, trade balance, GDP and even Central Bank’s interest rates. What is not considered here is the currency price movements.
You can make a lot money from Forex market. But you have to follow some basic rules. If you want to make money in a quick time, Forex market will not for you. In forex market, the main thing that a trader need to have is patience. The more you wait, the more it is possible to make money. Quick trade can put you in loss. This is a long term investment. I am trading with Tpglobalfx from last 2 years. with the help of them I learned that there is no scope to be quick. patience is the main key factor to make profit from the forex market.
