Exchange rate rebalancing After last week's central bank policy meetings it is important to recap what it means going forward. Globally, major central banks have been either changing tone or cutting rates. This has driven gold up which had a soft ...

Trading fx fundamentals

I rarely trade Mondays because of the lack of news. Technically it looks like a short but we now have 2 dovish central banks with the euro that's taken a heavy beating over a lengthy time against a hawkish Fed. I wouldn't be surprise to see euro ...

Trading fx fundamentals

Don't worry ill have videos and trading lessons all done over the coming weeks including a video on how to use the site.

Trading fx fundamentals

Daily scrum is allowed for all members, just need to be registered (no paid subscription needed). If that isn't the case let me know and I'll get it fixed.

Trading fx fundamentals

What was your process that got you burned? My findings amongst retail traders is they focus on the wrong information, don't go deep enough in their research, trade headlines without context, don't give importance to unscheduled news or major themes, ...

Extracted Posts

Good day to all I am going to be putting together a series of PDFs and YouTube videos over the coming weeks. The PDFs will have the following 1) learning to trade fundamentals - news trading (intraday) 2) learning to trade fundamentals - swing ...

Trading fx fundamentals

You do realise this thread is from 2016

I want to be a fundamental trader

well i took 18 pips on the profit taking gravy train.

Trading fx fundamentals

yields are up today - more support for profit taking

Trading fx fundamentals

not much to go on at the moment. Fire at an oil site spiked prices. I am wondering if we will see some more profit taking today. I might take advantage of it

Trading fx fundamentals

15 pips taken on French PMI

Trading fx fundamentals

We are entering a tough fundamental trading period. Normally you pair strong against week. Personally I don't like pairing 2 economies that are weak against each other as it doesn't provide the best opportunity but it looks like I am going to have ...

Trading fx fundamentals

Most market participants seem to use historical price as reference points for targets. Deriving previous support and resistance that comes into play is another way to think about it. Personally don't derive profits that way, I watch price and time ...

Trading fx fundamentals

By the way the reason for choosing usdcad is diverging central banks.

Trading fx fundamentals

Taken 2 trades today on USDCAD. The first was getting in on profit taking after the sell-off I missed (thanks technology for the major letdown). The best thing about Central Bank news when it's juicy like the Fed was yesterday is sentiment can roll ...

Trading fx fundamentals

No trade for me - not much of a surprise given the Fed yesterday and RBA and RBNZ recently. Looking for $ short opportunities at the moment

Trading fx fundamentals

The Fed in one picture

Trading fx fundamentals

just watched the press conference. Definitely a language change on the dovish end and we have the nuggets (in order of importance) for future trade opportunities - thanks Powel 1) global growth (note the central banks that have been easing around ...

Trading fx fundamentals

FYI, I didn't make a trade yesterday. I couldn't hear the press conference. Both the YouTube video and the one one the site was jumping around ,stopping, reloading, playing at 5 times the speed. All I had to go by was the statement which had a more ...

Trading fx fundamentals

[quote=Techanalyst;12339122] more likely a case of people trading the headline expecting a dovish press conference

Trading fx fundamentals