{quote} Actually, fundamental works but it is good for long term investor. That's what most big institution use in trading coupled with their technical analyst that tell them exactly when to enter trade. For we daytraders, fundamental is not for us. That's why before release of fundamental data, we tend to close or reduce our open positions. We daytraders trade in the now which is trading whatever our chart is telling us and not What the fundamental is saying because we are not investors but daytrader. Remember that some big player do get information...
Only an idiot knows with certainty to where the market is going.
