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Fundamental Trading Always beats Technical Trading 100%

  • #461
  • Apr 30, 2018 2:07pm Apr 30, 2018 2:07pm
I've always bought stocks based on both fundamental and technical aspects.

I want to buy something that's appreciating in value - if it's going up on the chart, I'm interested.

I want to see a reason why it's going up. If the company is losing money and giving less money back to it's shareholders year after year or quarter after quarter, then to me it's risky.

Always worked a treat for me.
  • #462
  • Apr 30, 2018 4:14pm Apr 30, 2018 4:14pm
Quoting forexin101
{quote} UPDATE Finished both of these trades with 93 pips in the bag {image} {image} I wanted to enter in for an EURUSD and GBPUSD short for the US session but both of these pairs had exhausted their ATR for the day so I felt it necessary to leave it out, I do however wish I took advantage of the Oil opportunity
Yea the eur/USD lost legs once it got to 50 pips in red.

Tomorow is UK PMI so hopefully bad weather from last month will effect the results.

It's an interesting one eur/USD. Barclays are targeting 1.1739 for eur/USD to reach.

Morgan Stanley are shorting gbp/jpy target at 144.20 and stop loss at 152.90

Im not a big fan of swinging the yen as it's a safe haven currency.
  • #463
  • Apr 30, 2018 4:23pm Apr 30, 2018 4:23pm
Quoting bojack34
{quote} Hi Sampson, I have been following your thread and Davit's thread trying to learn more about FA. I want to start using 80% FA and 20% TA. I have recently been watching as many Jarratt Davis youtube video's as I can and taking notes. I am also practicing how to read the markets over the weekend and formulating a trading plan according to my FA. Do you have any recomendations that will help me become a better FA trader? Maybe a process that you use....as in.....what to look for first and then what to look for 2nd.....etc. I'm trying to figure...
Have you watched the below ones:

https://youtu.be/80eJbVhxWlI

https://youtu.be/SsQBjHK-SH4

In terms of finding news. Download Bloomberg news app on your phone. Everyday there is key news in the currency section which basically give trade ideas away.

Reuters app on your phone is good.

Also use forexlive.com which is free. If you go on their website via your mobile you ca opt in for them to send you news instantly in the header of your phone which could be vital for catching trades quick.

Once you become confident I would go to ransquawk (it's
Not free but very effective)
  • #464
  • Apr 30, 2018 4:26pm Apr 30, 2018 4:26pm
Quoting tinmantrader
I've always bought stocks based on both fundamental and technical aspects. I want to buy something that's appreciating in value - if it's going up on the chart, I'm interested. I want to see a reason why it's going up. If the company is losing money and giving less money back to it's shareholders year after year or quarter after quarter, then to me it's risky. Always worked a treat for me.
I agree with you on that approach as the same style fundamentally to stocks is similar to currencies.

I think with IG when trading stocks you get to see the companies balance sheet etc which gives you a good idea of whether it has long term momentum shorting or going long but of course ground breaking news like a merger for example could also shape the direction.
  • #465
  • Apr 30, 2018 4:56pm Apr 30, 2018 4:56pm
Quoting Samson85
Tomorow is UK PMI so hopefully bad weather from last month will effect the results.
I will be looking at the GBPCAD, has a complementary pair tomorrow, the CAD has had some good (although not major) data releases today
To Pipccess and Beyond
  • #466
  • Apr 30, 2018 5:03pm Apr 30, 2018 5:03pm
Quoting Samson85
{quote} Have you watched the below ones: https://youtu.be/80eJbVhxWlI https://youtu.be/SsQBjHK-SH4 In terms of finding news. Download Bloomberg news app on your phone. Everyday there is key news in the currency section which basically give trade ideas away. Reuters app on your phone is good. Also use forexlive.com which is free. If you go on their website via your mobile you ca opt in for them to send you news instantly in the header of your phone which could be vital for catching trades quick. Once you become confident I would...
I have watched both of those video's and took notes on them both. I have his 3 step process he talks about for his FA. I have also bookmarked and started using forexlive.com I don't have anything on my cell phone yet, maybe that will be the next step. I am trying to learn how to read what is Fundamental (long term) and what is Sentiment (short term). I look at the Calender here at FF daily. I am starting to use Davit's idea of creating a trading plan over the weekend and trying to stick to it throughout the week (as long as sentiment stays the same) and combine that with my Fundamentals. The problem I'm having right now is trying to come up with a checklist or a routine to follow each week......trying to be consistent with how/where I read/get my news from. There are a lot of site out there, information overload sometimes.
  • #467
  • Apr 30, 2018 5:28pm Apr 30, 2018 5:28pm
Quoting bojack34
{quote} I have watched both of those video's and took notes on them both. I have his 3 step process he talks about for his FA. I have also bookmarked and started using forexlive.com I don't have anything on my cell phone yet, maybe that will be the next step. I am trying to learn how to read what is Fundamental (long term) and what is Sentiment (short term). I look at the Calender here at FF daily. I am starting to use Davit's idea of creating a trading plan over the weekend and trying to stick to it throughout the week (as long as sentiment stays...
Routine should be as followed:

1. Read the news (forexlive.com , Bloomberg and ransquawk). Figure out what is long term sentiment and short sentiment. For example if you see an article saying new Zealand have indicated raising rates then you would look to buy new Zealand dollar. For example if you read an article saying us plans to bomb Iran then you would look to buy oil because that would create and increase in demand for oil and the cad could likely strengthen. For example if economic data came out really bad overnight for aud, nzd or jpy then you could possibly look at shorting as the sentiment coukd still run.

2. Look at the economic calendar and assess how it could impact any potential traade set ups.

3. Look at the 1 day chart, 1 hour chart. Use a fibanachi retracement along with pivot points to assist with point of entry. Look for for support and resistance etc.

The main thing is you need to know where the central bank is up to for each currency or it could geopolitical news driving the currency which you ought to know . For example ecb were somewhat dovish in last week's presser. There is an article on Bloomberg currency section (via mobile app) that tells you this meaning it's best to short the euro at this current time. There are also articles about pound saying a rate hike isn't going to happen which indicates that pound is bearish.

This will take alot of practice but what I sense with you is that you have the perception, but you just need to reach breakthrough to implement it.
  • #468
  • Apr 30, 2018 5:44pm Apr 30, 2018 5:44pm
Quoting Samson85
{quote} Routine should be as followed: 1. Read the news (forexlive.com , Bloomberg and ransquawk). Figure out what is long term sentiment and short sentiment. For example if you see an article saying new Zealand have indicated raising rates then you would look to buy new Zealand dollar. For example if you read an article saying us plans to bomb Iran then you would look to buy oil because that would create and increase in demand for oil and the cad could likely strengthen. For example if economic data came out really bad overnight for aud, nzd or...
Thank you very much for your help. I will take notes of this and start implementing. I agree with your last statement. I have the perception but I just need a break thru and that will only come with practice/time. TY Sampson!
  • #469
  • Apr 30, 2018 6:00pm Apr 30, 2018 6:00pm
Quoting bojack34
{quote} Thank you very much for your help. I will take notes of this and start implementing. I agree with your last statement. I have the perception but I just need a break thru and that will only come with practice/time. TY Sampson!
Five Things You Need to Know to Start Your Day https://www.bloomberg.com/news/articles/2018-04-30/five-things-you-need-to-know-to-start-your-day-jgmqr2cv
  • #470
  • Apr 30, 2018 7:15pm Apr 30, 2018 7:15pm
Quoting Samson85
{quote} Five Things You Need to Know to Start Your Day https://www.bloomberg.com/news/articles/2018-04-30/five-things-you-need-to-know-to-start-your-day-jgmqr2cv
I've downloaded all the app's that you recommended and I just signed up to receive those emails daily from bloomberg.....great stuff......keep it coming kind sir!! I'm soaking it all up!!
  • #471
  • Apr 30, 2018 10:12pm Apr 30, 2018 10:12pm
Quoting bojack34
{quote} I've downloaded all the app's that you recommended and I just signed up to receive those emails daily from bloomberg.....great stuff......keep it coming kind sir!! I'm soaking it all up!!
You can do the same with forexlive.com if you visit the website via your mobile. It will ask if you want to receive notifications. Whenever you receive a notification that looks powerful, go to that currency pair on the chart and make a decision if you can enter a trade.
  • #472
  • Apr 30, 2018 10:17pm Apr 30, 2018 10:17pm
Follow Fundamental and burn your account
  • #473
  • Apr 30, 2018 10:22pm Apr 30, 2018 10:22pm
Quoting Samson85
{quote} Yea the eur/USD lost legs once it got to 50 pips in red. Tomorow is UK PMI so hopefully bad weather from last month will effect the results. It's an interesting one eur/USD. Barclays are targeting 1.1739 for eur/USD to reach. Morgan Stanley are shorting gbp/jpy target at 144.20 and stop loss at 152.90 Im not a big fan of swinging the yen as it's a safe haven currency.
Barclays Targeting 1.1739 with small lot and putting heavy lot on opposite . They burn all retail traders
  • #474
  • Apr 30, 2018 10:27pm Apr 30, 2018 10:27pm
GBP JPY 144? not possible without break trend line
  • #475
  • Apr 30, 2018 10:38pm Apr 30, 2018 10:38pm
Quoting jben10000
GBP JPY 144? not possible without break trend line
So a trend line cannot be broken?

Did I say the trade was 100% accurate?
  • #476
  • Apr 30, 2018 10:41pm Apr 30, 2018 10:41pm
Quoting jben10000
Follow Fundamental and burn your account
It's quite funny you come here and say that, yet you follow Davit's method and he uses A LOT of fundamentals in his strategy.
  • #477
  • Apr 30, 2018 11:35pm Apr 30, 2018 11:35pm
Quoting bojack34
{quote} It's quite funny you come here and say that, yet you follow Davit's method and he uses A LOT of fundamentals in his strategy.
so what is this (Fundamental Trading Always beats Technical Trading 100%) 100%?
  • #478
  • Apr 30, 2018 11:36pm Apr 30, 2018 11:36pm
100% Impossible.
  • #479
  • Apr 30, 2018 11:41pm Apr 30, 2018 11:41pm
Quoting jben10000
100% Impossible.
100% is an exaggeration. Look it up. Its when you say something in jest. Its not meant to be taken literally.
  • #480
  • Apr 30, 2018 11:45pm Apr 30, 2018 11:45pm
Quoting jben10000
{quote} so what is this (Fundamental Trading Always beats Technical Trading 100%) 100%?
He says in the thread that he trades FA 80% and TA 20%......using Fib's and Pivots
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