DislikedThe difference between technical and fundies tecs happen in front of you now ,fundies are like a background view .Thats how i use them.
Kind of look at were oil has been over a period of days /weeks ,if it maintains the levels then when the petrol stations next stock up they will pay more for the petrol/diesel. you will pay more ,trucking firms pay more everything they deliver goes up ,the factories that make stuff need fuel ,so delivery and manufactoring go up.
US imports the vast majority of oil ,everything they make is dearer ,exports suffer...Ignored
I'm currently half way done with reading a great book called "the secrets of economic indicators" second edition by bernard baumohl. Simply AMAZING source for those that need further clarrification on certain economic news reports. It gives great detail into what each economic news reports mean and how they impact all the different markets(stocks,commodities,currencies,etc.).
As for fibre, waiting on the sidelines to see what the pa does.At this time of day I feel its best to stay on the sidelines,espicially after a good ride up/down.
Usually, I don't place too many trades after 2,but most of my pairs have been on a steady ride up lately, so I might look for a good breakout after this little stall.We'll see.