How to learn fundamental analysis | Forex Factory

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How to learn fundamental analysis

  • #1
  • First Post: Dec 12, 2012 3:24pm Dec 12, 2012 3:24pm
Hello Forumers!
I am an Italian, so I'm sorry for my poor english, and a trader since two years.I read a lots of posts about trading system, experts advisor etc and from few mouths i have a demo account with good results and a simple technique based on Price Action, moving average, supports and resistences and expecially a good money managment. Now i would learn the foundamental analysis because i think that only a good combination of techincal and foundamental analysis can transform a good trader in a better one!
May anyone suggest me a good forex book about fundamental analysis (it's better in italian but no problem if it is in English, i can only improve my english reading a forex book!) or paste come links about discussions around this Topic?
Thanks at all
  • #2
  • Dec 21, 2012 4:41am Dec 21, 2012 4:41am
Hi pierpaolo960, I am from Indonesia and English is not my mother language too, I think fundamental is very difficult to learn. It needs a lot of knowledge. We can determine the true direction of market trends with Fundamental analysis, If you want to trade with fundamental analysis it involves a lot of energy. And you can start it in this forum.
  • #3
  • Dec 21, 2012 9:15am Dec 21, 2012 9:15am
Trading on fundamentals is not easy, on any given day for you are never sure how the market's going to react. There's quite a bit of info on fundamentals but half the time, each one gives a different take from the other. I would suggest that you google the lot and check some of them out. It's great to know that you're doing great, good luck!
  • #4
  • Dec 21, 2012 9:30am Dec 21, 2012 9:30am
If you're going to use fundamental analysis, a good question to ask yourself is where is your edge? The Big Money hire analysts who have spent their entire lives analysing a currency pair. And they're paid to analyse every single day with quality information that retail traders can't access. Where is your edge against these professional analysts? It's something to think about.
  • #5
  • Dec 25, 2012 4:17am Dec 25, 2012 4:17am
I trying add fundamental analys to my trading strategy but honestly for me its bit like black magic because some time when we have good info from USA price go up and sometime down, ITs like 50/50. I focus now only on technical analise but i think that fundamental is too very important.
  • #6
  • Dec 25, 2012 4:39pm Dec 25, 2012 4:39pm
Unless you're doing long term trades (1+ years) fundamental trading is a waste of time in my opinion. Often times it's bullish news that fills short orders waiting at supply before it rockets off in the opposite direction. Not only that, but measuring risk is difficult and reactions can be incredibly unpredictable.
  • #7
  • Dec 25, 2012 10:13pm Dec 25, 2012 10:13pm
technicals are even less reliable than fundamental analysis.


all the responses here are a bunch of ignorant b/s
AVT INVENIAM VIAM AVT FACIAM
  • #8
  • Dec 25, 2012 11:10pm Dec 25, 2012 11:10pm
Quoting the redlion
technicals are even less reliable than fundamental analysis.


all the responses here are a bunch of ignorant b/s
Are you telling me that betting on news releases or even long term weekly trend speculation is more reliable than clear support and resistance zones? How can you even gauge risk if you completely toss technicals out the window? Open a short trade when bad news comes out for the Euro and close it when good news comes out? Have a look at the EUR/USD chart for the last three weeks and see how that would have worked out for you.
  • #9
  • Dec 26, 2012 11:15am Dec 26, 2012 11:15am
you think fundamentals are news betting......and it seems you dont understand what fundamental analysis is................I am not in the mood to educate you on the little I know, so that proves to me that the statement made here are a gross misrepresentation of fundamental analysis at best.

it's like the people that say "I dont understand biology therefore creation is equally valid"

ask yourself this question: " why would speculators and non speculators alike make transactions in a particular currency?" I assure you is not a line on your chart.
AVT INVENIAM VIAM AVT FACIAM
  • #10
  • Dec 26, 2012 11:35am Dec 26, 2012 11:35am
Quoting the redlion
you think fundamentals are news betting......and it seems you dont understand what fundamental analysis is................I am not in the mood to educate you on the little I know, so that proves to me that the statement made here are a gross misrepresentation of fundamental analysis at best.

it's like the people that say "I dont understand biology therefore creation is equally valid"

ask yourself this question: " why would speculators and non speculators alike make transactions in a particular currency?" I assure you is not a line on your...
If you are going to take on an attitude of condescending arrogance upon the rest of the thread participants, perhaps you should add something of value. Saying that we are all ignorant (low blow comparing us to creationists) and then refusing to provide what "little [you] know" is not helpful. I understand that fundamental analysis can have some benefit over longer time frames but I've not been convinced it's much use on the shorter time frames, including the daily bar chart. The major issue that I see is the measure of risk - how can one measure risk in a completely fundamentals based trade? For example, in technical analysis one can place a stop above a bar or a zone to show that they are wrong. Or are we not worthy of your time?
  • #11
  • Dec 26, 2012 11:46am Dec 26, 2012 11:46am
I am sorry for the attitude ....I should probably not be posting here at this time...as I am not in a good mood.

I could go on and on about the causes of this but I dont thing anyone gives a flying f*ck.


anyway .....I do apologize for the condescending attitude

visit my thread if you want I have given a lot of information that can be valuable

http://www.forexfactory.com/showthread.php?t=398204

this thread here is very helpful....they seem to trade with fundamental and technical analysis


http://www.forexfactory.com/showthread.php?t=317077



I think that a combination of both is the best approach....technical analysis is plague by randomness ...people do not like this idea but as of now it happens to be true.....the markets are not random but they are more random than people like to admit.

when you get down to it...technical analysis are STATISTICS or studies on statistics....and if you have taken statistics there are plenty of fallacies in inference from statistical data.

by definition a chart are nothing more than transactions......which move price due to supply/demand and liquidity which is then plotted for you.
AVT INVENIAM VIAM AVT FACIAM
  • #12
  • Dec 26, 2012 12:20pm Dec 26, 2012 12:20pm
Quoting the redlion
I am sorry for the attitude ....I should probably not be posting here at this time...as I am not in a good mood.

I could go on and on about the causes of this but I dont thing anyone gives a flying f*ck.


anyway .....I do apologize for the condescending attitude

visit my thread if you want I have given a lot of information that can be valuable

http://www.forexfactory.com/showthread.php?t=398204

this thread here is very helpful....they seem to trade with fundamental and technical analysis


http://www.forexfactory.com/showthread.php?t=317077



I...
Fair enough - I'll take a look at those threads. Thanks.
  • #13
  • Dec 26, 2012 1:15pm Dec 26, 2012 1:15pm
Quoting the redlion
The markets are not random but they are more random than people like to admit.

By definition a chart are nothing more than transactions......which move price due to supply/demand and liquidity which is then plotted for you.
Great quote... Actually I am doing TA for several years. Few years ago I used to think that I should focus on news only as the market moves instantly when news release, after a while I came to realize that that was nothing more than a waste of time. In order to understand the fundamental reason why market creates trend is much more difficult to speculate. So, I got myself stick with the TA and now doing good with it.

Moreover In a book I found a great quote.. It says, in trading it's 10% strategy, 40% money management and 50% emotion control should be good enough to have a stable portfolio.

Fundamental doesn't represent just a news release and market shake a bit and then back to it's trend. And long term trend doesn't change instantly for a news release, it's something that has link with policy change and a country doesn't change it's policy everyday..
  • #14
  • Nov 23, 2020 10:43am Nov 23, 2020 10:43am
A demo account can help you to learn forex perfectly and properly without any investment and any risks.
  • #15
  • Nov 29, 2020 6:45am Nov 29, 2020 6:45am
Understanding fundamental analysis is extremely difficult. Because, this requires traders to have experience and vision and deep understanding of the macroeconomic market
  • #16
  • Nov 29, 2020 7:32pm Nov 29, 2020 7:32pm
Quoting kavanto
Understanding fundamental analysis is extremely difficult. Because, this requires traders to have experience and vision and deep understanding of the macroeconomic market
That’s right. It is also important. Trader often that analysis and focus only technical part.
  • #17
  • Nov 30, 2020 5:19am Nov 30, 2020 5:19am
You can learn fundamental analysis in many ways. You can read forex related books, articles, watch videos and practice on a demo account
  • #18
  • Nov 30, 2020 7:28am Nov 30, 2020 7:28am
True, most people who take up trading are self-taught, I think.
  • #19
  • Dec 11, 2020 11:20am Dec 11, 2020 11:20am
Quoting mlawson71
True, most people who take up trading are self-taught, I think.
I think this is true for a lot of successful people in a number of fields. "Self-education is, I firmly believe, the only kind of education there is" - Isaac Asimov.
  • #20
  • Dec 12, 2020 6:28am Dec 12, 2020 6:28am
Quoting Deepak.Dubey
{quote} I think this is true for a lot of successful people in a number of fields. "Self-education is, I firmly believe, the only kind of education there is" - Isaac Asimov.
Certainly. I was referring specifically to traders, because, after all, this is a thread about trading.
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