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Fundamental Trading Always beats Technical Trading 100%

  • #341
  • Apr 17, 2018 12:31am Apr 17, 2018 12:31am
Quoting Jim-Trader
Nice advice. I use technicals, but am starting to look at to trade around fundamentals and news/announcements. Thanks, Jim.
Mate happy for your new journey and if you do it right you will make pips.

Message me if you need advice on this.

Thanks
  • #342
  • Apr 17, 2018 12:37am Apr 17, 2018 12:37am
Quoting Samson85
{quote} Clearly you are just upset and a losing trader lol. 1. pound was bullish considering it was a friday. Monday and friday historically are not the best day to enter trades. 2. There was buying on cad look at usd/cad but then it went up!!! 3. look at the end of the friday all yen pairs gained strength!!! 4. There was a strong bid on friday for aud/usd just look at the charts lol 5. eur/usd subjective 6. So for the EUR/CHF to reach new highs who was buying it if it was not hedgefunds or banks? Or was it a glitch on the exchange? Now if you want...
Wow, you live in a fantasy world. The poster had ASKED YOU WHAT YOU THOUGHT ABOUT NEXT WEEK!!

Not about what was happening at the moment. So you told him your thoughts on NEXT WEEK (which in layman's terms, is this week), which of course was an epic fail.

Adorable, you projected your losing trading career onto me. We've seen this routine before.

Anyways, thank you for providing nothing of substance in this thread.

PS. Could you at least get your forex terminology right. On Friday YEN PAIRS DID NOT GAIN STRENGTH. THE YEN GAINED STRENGTH. THE ACTUAL PAIRS LOST STRENGTH.

But it's ok, I'm starting to realize that you are new to forex. Probably clicked a lucky trade button, made a little cabbage, and then showed up here to tell the world that fundies are 100% the only way to go. And that we should all buy some paid service then click that button in the midst of a newS event and rub are lucky rabbit tail
Pride always comes before destruction.... -Proverbs 16:18
  • #343
  • Apr 17, 2018 12:42am Apr 17, 2018 12:42am
Quoting Expo33
{quote} Wow, you live in a fantasy world. The poster had ASKED YOU WHAT YOU THOUGHT ABOUT NEXT WEEK!! Not about what was happening at the moment. So you told him your thoughts on NEXT WEEK (which in layman's terms, is this week), which of course was an epic fail. Adorable, you projected your losing trading career onto me. We've seen this routine before. Anyways, thank you for providing nothing of substance in this thread.
Like I said in the previous post. You said I was wrong and I said use charts to show me!!1 For example there was no bid on friday for aud/usd? There was no yen strength on all pairs at close of trading day?

Please please go and do your home work!!!
  • #344
  • Apr 17, 2018 12:45am Apr 17, 2018 12:45am
Quoting Samson85
{quote} Like I said in the previous post. You said I was wrong and I said use charts to show me!!1 For example there was no bid on friday for aud/usd? There was no yen strength on all pairs at close of trading day? Please please go and do your home work!!!
Nevermind. I see reading isn't your forte.
Pride always comes before destruction.... -Proverbs 16:18
  • #345
  • Apr 17, 2018 12:57am Apr 17, 2018 12:57am
Quoting Expo33
{quote}{quote} And that's my point Telling some trader with no clue that they can buy some service and then click the button in the midst of a post rate statement is irresponsible. Telling them that they can make money by clicking that button seconds after an orgy of price volatility is foolish. Telling them that within seconds or minutes of a statement they can ascertain the direction of price is completely bogus. Keeping it real, -Expomania 2018 PS. I got you to page 9, my work is done here.
As you know I like to trade speeches live or just before they speak with the view that i understand the fundamental picture and the language used.

Now here is an example of how I traded the previous cad interest rate release. Take into account they kept rates the same but they voiced nafta concerns in the statement. As soon as i heard that via the squaw I bought usd/cad and wallah I made a good profit in a very short period of time.

I hope this example trade stops you tarnishing the style I have been taught considering all the big boys were in on that trade as well but somehow I survived the volatility. Lol


The reason why forex factory alert you on the calendar that there are speakers is because they can move the market and you can also trade them to make pips in a short period of time. They do not just appear on the calendar for no reason!!! There is a pretext always released of what the speech will consist of just before the speech starts and thats when the traders get involved!!

Ps if you see the time difference it's because I've been trading from Thailand for the last 1.5 months because I am able to!!!
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  • #346
  • Apr 17, 2018 1:09am Apr 17, 2018 1:09am
Quoting Samson85
{quote} As you know I like to trade speeches live or just before they speak with the view that i understand the fundamental picture and the language used. Now here is an example of how I traded the previous cad interest rate release. Take into account they kept rates the same but they voiced nafta concerns in the statement. As soon as i heard that via the squaw I bought usd/cad and wallah I made a good profit in a very short period of time. I hope this example trade stops you tarnishing the style I have been taught considering all the big boys were...
You sound like a teenager.

Um, yea I am well aware of exactly what is in EVERY central bank statement and well aware of exactly when EVERY critical news event is coming out. You do realize that I've been reading CB statements and analyzing economies since you were in diapers or even more likely before you were born

Seriously, stop. There are plenty of clueless traders here that will be excited about your infantile approach to trading. Yes, we get it, you're travelling the world from the fruits of your unheralded trading career.

And thank you for posting a random screen shot of someone's phone. The entertainment value here is priceless.
Pride always comes before destruction.... -Proverbs 16:18
  • #347
  • Apr 17, 2018 1:22am Apr 17, 2018 1:22am
Quoting Samson85
{quote} Like I said in the previous post. You said I was wrong and I said use charts to show me!!1 For example there was no bid on friday for aud/usd? There was no yen strength on all pairs at close of trading day? Please please go and do your home work!!!
I think the resistance you are getting is with the title of your thread. There is no way to separate fundamentals from technicals. Fundamentals will show up in price, and vice versa. Where you may say the Japanese economy is strong so the yen will increase in value, I will simply say don't take trades against the monthly candle. See how that works? If you monitor all 28 pairs of the G7 on a chart will get the fundamentals by default. I would also add that there are time when traders do not react to what should fundamentally move the market. I hope you are not in the habit of taking trades before PA agrees. There is an old saying that the market can remain irrational longer than you can remain solvent. You might want to look into that.
If you are good at something, never do it for free--Joker
  • #348
  • Edited 1:37am Apr 17, 2018 1:27am | Edited 1:37am
Quoting Expo33
{quote} You sound like a teenager. Um, yea I am well aware of exactly what is in EVERY central bank statement and well aware of exactly when EVERY critical news event is coming out. You do realize that I've been reading CB statements and analyzing economies since you were in diapers or even more likely before you were born Seriously, stop. There are plenty of clueless traders here that will be excited about your infantile approach to trading. Yes, we get it, you're travelling the world from the fruits of your unheralded trading career. And thank...

You have just said this of someone's phone. You know what I will not respond to you anymore as the hate is very much obvious lol

If you cannot debate with referencing properly it's best you just keep quiet.

You criticised my style and I have just shown it works.


All the best
  • #349
  • Apr 17, 2018 1:37am Apr 17, 2018 1:37am
Quoting jmn5611
{quote} I think the resistance you are getting is with the title of your thread. There is no way to separate fundamentals from technicals. Fundamentals will show up in price, and vice versa. Where you may say the Japanese economy is strong so the yen will increase in value, I will simply say don't take trades against the monthly candle. See how that works? If you monitor all 28 pairs of the G7 on a chart will get the fundamentals by default. I would also add that there are time when traders do not react to what should fundamentally move the market....

Mate the resistance comes from people who cannot show examples of trades and commentate just to be heard.

I will show trades that I am in but can they do the same? Only on demo accounts at most or with hot chatter with the use of their fingers.

I am sticking to my views that I trade based on fundamentals and I use technicals for point of entry and closing trades.

I respect techncals but it's not enough to win in this game.

Lol they even criticised my gbp/USD swing which caught 240 pips that says it all lol.
  • #350
  • Edited 1:56am Apr 17, 2018 1:37am | Edited 1:56am
Quoting Samson85
{quote} You have just said this of someone's phone. You know what I will not respond to you anymore as the hate is very much obvious lol If you cannot debate without referencing properly it's best you just keep quiet. You criticised my style and I have just shown it works. All the best
You haven't shown anything.

All you have shown is that you're young and naive.

Actually, I just showed my UCAD short trade merely 6 hours ago on the UCAD thread. Purely technical, zero fundamental news at the moment. BUT, your tunnel vision and inexperience have blinded you to reality.

You've demonstrated no technical knowledge, no price action knowledge , no understanding of supply/demand, no order flow knowledge, no understanding of market mechanics and no knowledge of how the "big boys" play this game.

Come to think of it, you've haven't demonstrated any knowledge whatsoever.

It's ok though cupcake. You had a winning trade and got all excited like when a dog gets all excited and starts peeing all over his owners leg. And then you decided to start this thread without thinking it through. Not realizing there will be posters that show up that have forgotten more than you know.

Magix said it best: "Money knows where price is going long before the press"

Cheerio matey

This is better than a comedy movie, and it's FREE!!!
Pride always comes before destruction.... -Proverbs 16:18
  • #351
  • Apr 17, 2018 2:08am Apr 17, 2018 2:08am
Quoting Samson85
{quote} Mate the resistance comes from people who cannot show examples of trades and commentate just to be heard. I will show trades that I am in but can they do the same? Only on demo accounts at most or with hot chatter with the use of their fingers. I am sticking to my views that I trade based on fundamentals and I use technicals for point of entry and closing trades. I respect techncals but it's not enough to win in this game. Lol they even criticised my gbp/USD swing which caught 240 pips that says it all lol.
The reason no one pays attention to your trades is that there is no way to confirm whether or not you cherry picked. It is easily done. I think it is a good idea to trade with fundamentals, but trading without technicals is a bad idea. Maybe a better title to your thread might be Why fundamental analysis and technical analysis go hand in hand. I would agree that your inexperience does show, but not in any bad way. It just shows that you are excited about a new discovery for you, and for people who are even newer than you are it will be a help to them. Veteran traders do not really even need to look at the news, it will show in the price if there is a spike, breach or rejection with follow through of any price level.
If you are good at something, never do it for free--Joker
  • #352
  • Edited 2:34am Apr 17, 2018 2:21am | Edited 2:34am
Quoting jmn5611
{quote} The reason no one pays attention to your trades is that there is no way to confirm whether or not you cherry picked. It is easily done. I think it is a good idea to trade with fundamentals, but trading without technicals is a bad idea. Maybe a better title to your thread might be Why fundamental analysis and technical analysis go hand in hand. I would agree that your inexperience does show, but not in any bad way. It just shows that you are excited about a new discovery for you, and for people who are even newer than you are it will be a...
Mate I use technicals and I do not understand where you got that notion from. I just do not rely on them

Expo is in his 60's and still learning to be profitable so each to their own. He has referenced me being in diapers etc Lol so this is just an old bitter man trying to win.

I have closed out good profits the last few days and I am enjoying.

Its hard to say my trades are cherry picked when I have show them from start to finish, fully referenced the reasons for the trade unlike some people on here!!! A 240 pip trade I closed today on gbp/usd is cherry picked with almost 0 draw-down. Really? Well I must be picking from a basket full of red cherries alone!!

Its hard to lose a debate when you are backing up your trades like the one I have simply shown today with the use of a forex factory calendar to highlight it you all!!
  • #353
  • Apr 17, 2018 2:43am Apr 17, 2018 2:43am
Man, this fantastic stuff. I love how people who don't know each other can get so pissy about comments that don't matter. Everybody wants to be right. You know what it does not matter.

All I see up and down this forum is people who think they know things or that certain things matter more than other things.

"I do it this way so I'm right"

"No doing it this way is better"

"Your stupid because I'm educated"

"Noob"

"Rookie"

"Loser"

You know whats rarer than a profitable trader? Intelligent debate. I don't see that much on here. At least not before some unsophisticated demo trading troll comes along and annoys an OP or thread group until it dies.

I don't come on here to have a pissing contest. I come on here to have stimulating conversations, learn a bit and pass on some knowledge. Something else I noticed, and I am not calling out anyone in particular or anyone on this thread, just because you have a a little colored flag by your username does not make you an expert trader. It just means you post a lot. I have read many things from these so called "Impact Members" that is crap. I only recently signed up to FF but have been a lurker and reader for years. Does that mean I am a noob? Don't bet on it.

What I am trying to say is, if you don't like what someone is saying, show them why they are wrong. Prove it. If they don't get it or don't believe it, move on. No need to bicker and snipe at each other like high school girls. There are a lot of trolls on here and they like to be fed

DON'T FEED THE TROLLS

-Ric
Be humble or get humbled
  • #354
  • Apr 17, 2018 2:54am Apr 17, 2018 2:54am
Quoting Samson85
{quote} Mate I use technicals and I do not understand where you got that notion from. I just do not rely on them Expo is in his 60's and still learning to be profitable so each to their own. He has referenced me being in diapers etc Lol so this is just an old bitter man trying to win. I have closed out good profits the last few days and I am enjoying. Its hard to say my trades are cherry picked when I have show them from start to finish, fully referenced the reasons for the trade unlike some people on here!!! A 240 pip trade I closed today on gbp/usd...
Cherry picking means showing your winners but not your losers. You will not move anyone with experience because your complete order book cannot be seen. Right now all the GBP pairs are in a raging bull market, why, I do not know nor do I care. All I need to know is when price gives me permission to get long. Another thing the veterans notice is that a newbie will come on board and mention a single trade and be very proud about it. Nothing wrong with that, but if you really want some eye popping pips, check the GBPNZD pair. That pair moves 240 pips in a single day often. Veteran and chronologically older traders usually are dispassionate about their writing. It is very clear here that you are seeking validation and you appear agitated about it. Trust me, there are many ways to trade but only a few ways to trade well. Everyone will know it when they see it, so be patient. A sample size of less than 1000 trades is like pissing in the ocean, and besides, why bother? Just go and buy your Lambo and the girl to put in the passenger seat and have a good time.
If you are good at something, never do it for free--Joker
  • #355
  • Apr 17, 2018 2:54am Apr 17, 2018 2:54am
Quoting riclater211
Man, this fantastic stuff. I love how people who don't know each other can get so pissy about comments that don't matter. Everybody wants to be right. You know what it does not matter. All I see up and down this forum is people who think they know things or that certain things matter more than other things. "I do it this way so I'm right" "No doing it this way is better" "Your stupid because I'm educated" "Noob" "Rookie" "Loser" You know whats rarer than a profitable trader? Intelligent debate. I don't see that much on here. At least not before...
Ric you said this perfectly.

People going on to peoples threads and dishing out abuse is not cool at all.

They want to criticise, but when I show them recent winning trades, I still get criticism lol. Some people cannot even breakdown their own analysis.

Anyone with commonsense as a trader can see that GBP is a solid bet for going long and I manged to catch it early just like you caught GBP/JPY super early which we discussed a few days ago on here. I even admitted I went long on that but flopped the entry via 1 day chart. How many people even own up to their blunders on here?

So how can one who lets people know what trades they are taking be criticised especially when they come out well the majority of the time!!

Too many haters on here and not enough lovers of this game!!

I made a mistake on a oil thread regarding syria a few days ago and I apologised to the gentleman and said his analysis was right and he even proved it historically which was good to see. I went out my way to apologise to him the following monday to show respect for their analysis.

People need to either want to trade in line with fundamentals and use technicals for entry. If not then this is not the thread for you!!!
  • #356
  • Apr 17, 2018 2:55am Apr 17, 2018 2:55am
Quoting riclater211
Man, this fantastic stuff. I love how people who don't know each other can get so pissy about comments that don't matter. Everybody . Does that mean I am a noob? Don't bet on it. What I am trying to say is, if you don't like what someone is saying, show them why they are wrong. Prove it. If they don't get it or don't believe it, move on. No need to bicker and snipe at each other like high school girls. There are a lot of trolls on here and they like to be fed DON'T FEED THE TROLLS -Ric
Oh I absolutely think you are a fucking noob, your long gibberish made it abundantly clear. Now go learn how to actually trade and avoid defending people who get high off youtube traders
Read in between the price!!!
  • #357
  • Apr 17, 2018 3:00am Apr 17, 2018 3:00am
Quoting jmn5611
{quote} Cherry picking means showing your winners but not your losers. You will not move anyone with experience because your complete order book cannot be seen. Right now all the GBP pairs are in a raging bull market, why, I do not know nor do I care. All I need to know is when price gives me permission to get long. Another thing the veterans notice is that a newbie will come on board and mention a single trade and be very proud about it. Nothing wrong with that, but if you really want some eye popping pips, check the GBPNZD pair. That pair moves...
Mate what are you talking about? I broke down the analysis of the trades I took yesterday and gave me reasons for pulling out of them which I made minimal profit on. To me that is a losing trade because I did not see out the trade and missed a whole heap of pips. I was just happy to hold on to my gbp/usd swing but I made a silly error, but my reason was for possible Monday consolidation and it not being the best days for entry!!! Patience was lacked and I wanted pure smoothness I was buying quite high up on the pairs!!

Lol @ the price gives you permission to go long right now on gbp? You know we have employment and cpi data out today and tomrrow right? and that it just broke a resistance level which the whole market is paying attention to lol. Please go long without factoring things in!!!
  • #358
  • Apr 17, 2018 3:01am Apr 17, 2018 3:01am
Quoting calebfx
{quote} Oh I absolutely think you are a fucking noob, your long gibberish made it abundantly clear. Now go learn how to actually trade and avoid defending people who get high off youtube traders
Caleb why the anger?

Has this guy offended you in the past?
  • #359
  • Apr 17, 2018 3:01am Apr 17, 2018 3:01am
fundamentals give you a destination, technicals give you a map.
Where are we going vs. how are we going to get there.
  • #360
  • Apr 17, 2018 3:03am Apr 17, 2018 3:03am
Quoting calebfx
{quote} Oh I absolutely think you are a fucking noob, your long gibberish made it abundantly clear. Now go learn how to actually trade and avoid defending people who get high off youtube traders
See exactly what I mean. All Ego. Never spoke to this person or said anything negative about them yet I get bashed for speaking my mind. Childish uneducated response.

Thanks for proving my point son

- Ric
Be humble or get humbled
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