Whilst trading intraday forex appeals to many my style involves trend trading on hourlies in the direction of the dailies (which may or may not be trending).
The direction of the dailies is usually the results of capital flows . carry trades etc, in other words i want a solid grasp of economics so that i can best understand the trends i am following on higher timeframes.
Ive read currency trading and intermarket analysis which was great but a bit advanced for me. i have basic understanding but i want ot take it that next bit further, any good resources on the internet , books etc? i've read investopedia's university, it's good too.
Any help would be appreciated
The direction of the dailies is usually the results of capital flows . carry trades etc, in other words i want a solid grasp of economics so that i can best understand the trends i am following on higher timeframes.
Ive read currency trading and intermarket analysis which was great but a bit advanced for me. i have basic understanding but i want ot take it that next bit further, any good resources on the internet , books etc? i've read investopedia's university, it's good too.
Any help would be appreciated