Is bloomberg channel good enough? | Forex Factory

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Is bloomberg channel good enough?

  • #1
  • First Post: Jun 14, 2007 3:43am Jun 14, 2007 3:43am
Hi guys,

Just wanted to ask if bloomberg channel is good enough for the fundamentals? thanks
  • #2
  • Jun 14, 2007 4:21am Jun 14, 2007 4:21am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
I found that Bloomberg is only good in providing market info in relation to the US whereas info on other markets are not given much focus.
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #3
  • Jun 14, 2007 4:47am Jun 14, 2007 4:47am
good but not enough

try CNBC
  • #4
  • Jun 14, 2007 6:52am Jun 14, 2007 6:52am
Bloombergs too boring for me, CNBC is the better option. For the best look at figures I prefer playboy TV but this is detrimental to my trading for some reason
  • #5
  • Jun 14, 2007 7:10am Jun 14, 2007 7:10am
Quoting el_duende
Bloombergs too boring for me, CNBC is the better option. For the best look at figures I prefer playboy TV but this is detrimental to my trading for some reason
lol pun on "figures"
100% of traders are losers. Just that some win more than they lose!
  • #6
  • Jun 14, 2007 8:44am Jun 14, 2007 8:44am
to get a feel for market fundamentals and sentiment after they occur or misinformation, yes it's good enough.

I don't watch tv anymore, though I used to.
  • #7
  • Jun 14, 2007 9:01am Jun 14, 2007 9:01am
Quoting el_duende
Bloombergs too boring for me, CNBC is the better option. For the best look at figures I prefer playboy TV but this is detrimental to my trading for some reason
In March I listened to CNBC and their advice. If had not not done so, my account would have been 4 times as big as it is now. My advice: follow your own insights.
  • #8
  • Jun 14, 2007 1:25pm Jun 14, 2007 1:25pm
Read the Financial Times if you want the fundamentals.
  • #9
  • Jun 14, 2007 2:04pm Jun 14, 2007 2:04pm
Quoting Diamond Cutter
Read the Financial Times if you want the fundamentals.
I actually like FT.com's currency insights. Again, it's all hindsight info...
  • #10
  • Jun 14, 2007 4:28pm Jun 14, 2007 4:28pm
Quoting AmatPro
In March I listened to CNBC and their advice. If had not not done so, my account would have been 4 times as big as it is now. My advice: follow your own insights.
True dont listen to other peoples opinions formulate your own.

Think about it logically, if these analysts were so good at fundamentals then they would surely be independent traders and not working for a bank.
  • #11
  • Jun 14, 2007 4:48pm Jun 14, 2007 4:48pm
I agree. Bloomberg, CNBC and the rest are just noise that could potentially cloud your own thinking. Plus they dont really provide any trading-valuable information in my opinion.
  • #12
  • Jun 14, 2007 4:56pm Jun 14, 2007 4:56pm
Quoting CWH
I found that Bloomberg is only good in providing market info in relation to the US whereas info on other markets are not given much focus.
any tips on where to get more on other markets?!
  • #13
  • Jun 14, 2007 9:36pm Jun 14, 2007 9:36pm
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting VEC
any tips on where to get more on other markets?!
Search from the websites where the news are released.
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #14
  • Last Post: Jun 18, 2007 10:48am Jun 18, 2007 10:48am
Quoting WTB
I agree. Bloomberg, CNBC and the rest are just noise that could potentially cloud your own thinking. Plus they dont really provide any trading-valuable information in my opinion.
agree, but you have to "look out" for other oppinions too. I use actionforex to read fundies.

Sometimes i read the bloomberg data, but as stated before they speak to loosen, to vague for short-term trading. I use them more, to see chart(at a basic level) from stock/bond markets around the world
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
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