Leaves of Grass

Recently I've been trying to read up on the fundamentals and trying to decipher which of them matter and how much each piece matters in relation to the others. Oddly enough I came across this thread when I wasn't looking for info on fundies, but here I am anyway! I really like the way you thoroughly lay everything out by currency. Here are a few questions for you: how are you incorporating fundamentals into the actual trades you're entering? For instance, are you only trading "with" the stronger currencies and against the weaker currencies? And what do you do when 2 bullish or 2 bearish currencies are in a pair? Like the USDGBP: both are bullish per your analysis; or EURJPY: both are bearish. How do you determine if USD or GBP is more bullish when looking to enter a trade, just let the technicals guide you at that point?

Thanks again for the thread and your comments to the above. I'm very much subscribed and happy to contribute if I can help!

Hi H, i think you might enjoy this read.

Glad you are finding it useful m8 feel free to stop by and ask any questions you like because just like you I am always learning more. And for currencies that are both strong or both week, I just dont trade them. For example this week here are the only pairs I am trading and its based on the fundamentals posted buying the stronger currencies against the weaker ones.

Long:
USDJPY
USDCHF
USDCAD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD

Shorts:
EURUSD
AUDUSD
EURGBP
NZDUSD


Like I said in the analysis post basically I am just looking to buy the cable and green backs this week against the weaker currencies.

I will look to eventually be able to trade weak/weak and strong/strong pairs once I have mastered my craft a little more. till then I am just trying to great the strongest edge i can.

very awesome attachment kraven, and its always nice to see you stop by thank you for linking me this. may i ask where you found it/where to look for when the updated ones come out?

Hi H

I seen it in one of the journals, not sure which one? I was just journal surfing at the time.

it's on here http://www.dailyfx.com/search.html?c...t+pdf&submit=+
but i don't know how often it's on.

try doing a search here http://cbs.db.com/new/content/foreign_exchange.html



if you find it let me know

thanks again Kraven, I am going to look into this

so far been a rough day. Gave back yesterdays gains on a bad GBPNZD & NZDUSD trade. I didnt follow my rules and it cost me about 5% x.x. GBPAUD has also been a tricky one with its recent choppiness. Back in it looking for it to continue move upward but it is really struggling.

Stopped out on NZDUSD AUDCHF and GBPAUD again. Managed to make back a little bit of my losses on NZDCAD and NZDCHF. That being said I think trying to keep track of so many pairs is causing me to vastly over trade and take unnecessary losses. As a result I am going to start focusing more on Daily Time Frame Set Ups Instead of 4 Hour.

I don't know if you found a regular place for fx blueprint? this is the last one I found on easyforexnews (not a bad site). Oct 2.

http://www.easyforexnews.net/wp-cont.../FX-Daily7.pdf