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currancy strategist

  • #1
  • First Post: Aug 20, 2007 1:31pm Aug 20, 2007 1:31pm
It may be a dumb question but I'm new so here it goes. Is there a web site where you can get information on currancy pairs based on the economy? Where an analyist or strategist gives insight and predictions, or am I just wishing that such people with magic crystal balls exist. Anyway if there is, any direction would be appreciated, Thankyou in advance.
  • #2
  • Aug 21, 2007 2:59am Aug 21, 2007 2:59am
Quoting Firedowser
Is there a web site where you can get information on currancy pairs based on the economy? Where an analyist or strategist gives insight and predictions, or am I just wishing that such people with magic crystal balls exist.
If that tells you anything, no one has a magic crystal ball to show the future, I think. In Japan, since jealous neighbors tend to say malicious things about investment activity(generally speaking the gap between rich and poor is narrow), each one of the investors keeps a secret.

About me, since my native language is Japanese, I always check the largest Japanese broker's information written in Japanese, and I use books and reports written by my reliable authors(Mr.Keitaro Hasegawa, Dr.Shoichi Watanabe, etc...). In addition, I check Forex Factory because we can know foreign investors' sentiments and direction.
Peace and Happiness through Prosperity (by Konosuke Matsushita)
  • #3
  • Aug 24, 2007 6:14am Aug 24, 2007 6:14am
Quoting Firedowser
It may be a dumb question but I'm new so here it goes. Is there a web site where you can get information on currancy pairs based on the economy? Where an analyist or strategist gives insight and predictions, or am I just wishing that such people with magic crystal balls exist. Anyway if there is, any direction would be appreciated, Thankyou in advance.
There was a time when I wouldn't trade until I'd read all the analysts' stuff, checked my RSS feeds, stuck in Pivot Zones etc, etc.
I dumped them all, as I couldn't sort the wheat for the chaff. That might be my problem but I always found their information either ambiguous, or so non-committal that I couldn't decide what to do.
There's enough stuff here to keep you happy and, I assume, many of these guys trade so it might be more focused. Plus they'll answer your questions, something that won't happen on many analysts' sites
  • #4
  • Last Post: Aug 24, 2007 7:42am Aug 24, 2007 7:42am
Quoting PeterFM
There's enough stuff here to keep you happy and, I assume, many of these guys trade so it might be more focused. Plus they'll answer your questions, something that won't happen on many analysts' sites
I agree with Peter. Also, most traders will agree that fundemental analysis is best used to predict long term trends i.e. monthly, yearly. When I first tried using it, I always got into the market too early and was taken out by medium term swings since I was unwilling to risk hundreds of pips to hold my positions.
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