Forex Zone - Forex Forum

3 Tips for Using Forex News for Fundamental Analysis

Discussion started on Forex Education

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 234
  • Reputation: +20/-15
That's all true of the three things, indeed we must know that using fundamental analysis we can't directly swallow it raw, we must be able to understand how to make us know that you can do mental funda, it requires additional technical analysis so that we can understand what is called Open a good position.
#61 - December 17, 2021, 10:09:48 PM

  • Full Member
  • Posts: 120
  • Points: 25
  • Likes Received: 0
  • Reputation: +0/-0
in my opinion if we want to trade by using news then the thing we have to do is we must often check the well-known news site to get the news update that will be released
#62 - December 17, 2021, 11:01:17 PM

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 234
  • Reputation: +20/-15
When you use stock fundamental analysis, you can and can or ideas to see which news is important and can be used as a reference for making transactions Because not all news can be used as analysis for other analyzes So you have to know how to choose good news
#63 - December 18, 2021, 06:43:49 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 249
  • Reputation: +5/-2
Using fundamental analysis should not be arbitrary, unlike technical analysis, fundamental analysis is more thorough because it is directly related to economic news, you must be careful
#64 - December 20, 2021, 10:01:30 AM

  • Sr. Member
  • Posts: 346
  • Points: 851
  • Likes Received: 0
  • Reputation: +0/-0
Fundamental analysis is actually not difficult bro, we only need to wait for news released, then look at the actual numbers of the news even we can only see from the color of the numbers. If red then weakens and if green means strengthening from the currency in question. Live in the correlation with other currencies so that the currency / pair pair has a bearish or bullish depending on the results of the news

Fundamental analysis There are similarities such as technical analysis that there is a signal false, the accuracy will not be up to 100%. This is usually wrong perception, many consider fundamental analysis is always right
#65 - December 23, 2021, 11:01:19 PM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 195
  • Reputation: +4/-0
Using fundamentals is quite difficult because when you use fundamental analysis you have to be absolutely sure of the news you are using and believe in the state of a country's economy.
#66 - December 24, 2021, 06:35:39 AM

  • Sr. Member
  • Posts: 346
  • Points: 851
  • Likes Received: 0
  • Reputation: +0/-0
Because I am trading not using fundamental analysis, I don't know about this, but the thing I understand is that we must be good at concluding the news
#67 - December 25, 2021, 10:43:34 AM

  • Hero Member
  • Posts: 574
  • Points: 910
  • Likes Received: 41
  • Reputation: +3/-0
I am a fundamental, it should not be arbitrary. When you use fundamental analysis to plan your marketing system, you must know what are the references to open positions using fundamental analysis.
#68 - December 25, 2021, 10:16:43 PM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 639
  • Reputation: +23/-19
the use of fundamentals doesn't have to be too difficult when you really want to study fundamental analysis problems, use significant news conditions that can indeed change market conditions
#69 - December 27, 2021, 09:50:17 PM

  • Full Member
  • Posts: 198
  • Points: 698
  • Likes Received: 0
  • Reputation: +0/-0
if we want to trade with fundamentally utilizing news, we Haeus knows every update from the news that will be released and it will be important to project price movements
#70 - December 28, 2021, 04:29:59 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 195
  • Reputation: +4/-0
using fundamental analysis you must know how the world economy is developing. So that this is not very effective for forex trading which only uses the short and medium term in fact fundamental analysis is more suitable for stocks
#71 - December 28, 2021, 08:25:26 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 249
  • Reputation: +5/-2
the use of fundamentals is indeed good, but don't let the use of fundamentals actually make you unable to open positions because in my opinion fundamentals only provide information about economic events in foreign exchange that are happening at this time cannot be used as a benchmark. Open positions only use technical analysis we can do open position
#72 - January 03, 2022, 05:58:36 AM

  • Hero Member
  • Posts: 574
  • Points: 910
  • Likes Received: 41
  • Reputation: +3/-0
the point is when you use fundamental analysis you must be prepared with all important and unimportant news you must be able to manage information and data. actually
#73 - January 04, 2022, 04:42:47 AM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 195
  • Reputation: +4/-0
The use of fundamentals must be in accordance with what you can and must be in accordance with current conditions where the use of fundamentals cannot be immediately used as an analysis to open a position at that time, usually fundamental analysis is used to predict two to three days forward. How is the economic condition
#74 - January 06, 2022, 10:01:09 PM

  • Hero Member
  • Posts: 6978
  • Points: 2
  • Likes Received: 639
  • Reputation: +23/-19
about fundamentals you have to be careful When you can't be careful then you won't be able to use fundamentals in the right way therefore you have to be wise to use fundamental analysis in the right way and you also have to be able to master the news that is indeed true or not. speculation
#75 - January 13, 2022, 04:42:52 AM

Members:

0 Members and 1 Guest are viewing this topic.