FUNDAMENTAL ANALYSIS for FX trading.
For the last 6 years, I've been working on the effective usage of Fundamental Analysis.
In a nutshell, I've spent the last few years trying to explain (correlate / quantify) FX spot movements with actual changes of macro-economics data.
INDIVIDUAL CURRENCY FUNDAMENTAL STRENGTH SCORE
I've recorded and given a strength to the individual data of individual currencies, giving rise to a "Fundamental Strength" Index for AUD, NZD, CAD, CNY, USD, JPY, EUR & GBP.
INTRINSIC VALUE
Using the fundamental strength index changes, mapping to actual spot price changes, a "estimated" value is derived and I've been using it to trade for a few years now.
The below shows an example for next week - AUD/NZD.
I can and will show more charts and index for individual indicator for each currency should you are interested.
Appreciate you views on any enhancement/improvement for Fundamental Analysis trading as well.
Cheers!
Here goes:
AUD/NZD - "IV" Chart 11/10/2015 (Sunday)
For the last 6 years, I've been working on the effective usage of Fundamental Analysis.
In a nutshell, I've spent the last few years trying to explain (correlate / quantify) FX spot movements with actual changes of macro-economics data.
INDIVIDUAL CURRENCY FUNDAMENTAL STRENGTH SCORE
I've recorded and given a strength to the individual data of individual currencies, giving rise to a "Fundamental Strength" Index for AUD, NZD, CAD, CNY, USD, JPY, EUR & GBP.
INTRINSIC VALUE
Using the fundamental strength index changes, mapping to actual spot price changes, a "estimated" value is derived and I've been using it to trade for a few years now.
The below shows an example for next week - AUD/NZD.
I can and will show more charts and index for individual indicator for each currency should you are interested.
Appreciate you views on any enhancement/improvement for Fundamental Analysis trading as well.
Cheers!
Here goes:
AUD/NZD - "IV" Chart 11/10/2015 (Sunday)