Disliked{quote} Not sure what you are asking me here. Why are you taking trading advice from twitter?Ignored
Yes you are joke.
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Fundamental Trading 6 replies
trading by fundamental & technical analysis 1 reply
Fundamental or technical trading 8 replies
Trading The News Or Fundamental Release 2 replies
fundamental trading 4 replies
Disliked{quote} Not sure what you are asking me here. Why are you taking trading advice from twitter?Ignored
Disliked{quote} you are joke. I am not taking any fundamental analysis for my trading ...just saying that trump is marketmaker posting on twitter..and market responds to it regardless on fundamental data, everyone noticed that except you...unfortunately you have no ability to understand that ... Yes you are joke.Ignored
DislikedI think a better approach to this trading style is to give daily examples with explanations instead of trying to teach it like we are in a classroom. My idea about fundamentals is this: You should use technical analysis ex.( find an uptrend in daily) wait for the pair to receive news. You should put stars on the news for each currency in the pair. 1 star if the currency gets good news from low level news, 2 stars from mid level and 3 stars from high level news. and vice a versa for bad news. Do this for a week or so, if the up trend is still in...Ignored
DislikedI think a better approach to this trading style is to give daily examples with explanations instead of trying to teach it like we are in a classroom. My idea about fundamentals is this: You should use technical analysis ex.( find an uptrend in daily) wait for the pair to receive news. You should put stars on the news for each currency in the pair. 1 star if the currency gets good news from low level news, 2 stars from mid level and 3 stars from high level news. and vice a versa for bad news. Do this for a week or so, if the up trend is still in...Ignored
Disliked{quote} I understand that would seem like a better way to break my system down but doing it like that would not work as that is not how my system works. It will make more sense as the thread progresses. Also the last thing I want this to become is me making trading calls for people like some Guru.Ignored
Dislikedaaven this is just an idea, I didn't start trading this way. However, I always keep mindfull of news before I take a trade. I scalp using Bollinger bands, and stoch. I use Daily, 4hour , 1hour and 15 min. If the news is strong for the currency either way I will start trading 1 hour after news. But I don't just trade in the direction of the news. The news just gives me confirmation that the trend is in place and healthy which means I can trade the ups and downs of the trend. For example I will check Eur/Usd 1hour to see if the price has touched one...Ignored
Dislikedaaven this is just an idea, I didn't start trading this way. However, I always keep mindfull of news before I take a trade. I scalp using Bollinger bands, and stoch. I use Daily, 4hour , 1hour and 15 min. If the news is strong for the currency either way I will start trading 1 hour after news. But I don't just trade in the direction of the news. The news just gives me confirmation that the trend is in place and healthy which means I can trade the ups and downs of the trend. For example I will check Eur/Usd 1hour to see if the price has touched one...Ignored
DislikedStrong Inflation Numbers out of the US {image} This is in line with the fed moving towards their 2% inflation target which is increases likely hood of rate hikes coming. They previously mentioned they are watching this closely in the Fed's last statement. These numbers are really interested particularly when looking at the Aussie. It has recently been trending up nicely all month but looks to be a bit over exhausted. Depending on what the employment numbers look like, we could see a sharp correct downward. Bad Aussie employment data combined with...Ignored
DislikedStrong Inflation Numbers out of the US {image} This is in line with the fed moving towards their 2% inflation target which is increases likely hood of rate hikes coming. They previously mentioned they are watching this closely in the Fed's last statement. These numbers are really interested particularly when looking at the Aussie. It has recently been trending up nicely all month but looks to be a bit over exhausted. Depending on what the employment numbers look like, we could see a sharp correct downward. Bad Aussie employment data combined with...Ignored
Disliked{quote} AUD numbers came out last night as Analyst expected. Wasn't a miss or anything. Price went up a tad bit but has already started rolling over. I shorted around .7710 before the news last night. Still holding. Looking to close out at 100 pips or so. Even though the AUD news was good, the price didn't skyrocket up because the data between AUD and USD are conflicting. USD numbers also came out good today again this morning which is helping with the AUDUSD roll over a bit. Didn't cause any major moves of anything but is definitely helping to...Ignored
Disliked{quote} you are joke. I am not taking any fundamental analysis for my trading ...just saying that trump is marketmaker posting on twitter..and market responds to it regardless on fundamental data, everyone noticed that except you...unfortunately you have no ability to understand that ... Yes you are joke.Ignored
Disliked{quote} I opine that the last statement of the Reserve Bank on the concern regarding the strength of the AUD may also be responsible for the reaction we saw as perception may be that AUD is due for a correction.Ignored
Disliked{quote} Great Point. Keep mind NZDUSD & AUDUSD are also pretty highly correlated and NZD is also overpriced hurting the NZD trade sector so both of these currencies are overvalued in the eyes of the CBs and USD is looking stronger in the eyes of the Fed, they are saying they want to hike Rates as the economic indicators are pointing to it. They also want to hike rates because Trump is trying to force the Fed to loan money to local credit unions at the federal fund rate, which Yellen, being the liberal elitist she is, doesn't want to do that so they...Ignored