Hey traders, Even though I am a pure technician and I rely only on technical analysis when I trade, we can not deny the fact that fundamentals are the main driver of the financial markets. In this post, we will discuss the most important fundamentals that affect forex market. 📍Unemployment rate. Unemployment rate reflects the percentage of people without a...
As usual, at the beginning of the month we have a busy week from a fundamental point of view, with presentations of reference rates, NFP, etc. As well, on Monday we have bank holiday on GBP and Tuesday, Wednesday and Thursday on JPY, so we can see less volatility on pairs with these currencies. Seems we could see an increase rates on AUD, USD and GBP, but I think...
Hey traders, Today we're going to be looking through this weeks economic calendar. We're going to look at what data is going to be released and what really is going to be affecting the market. I will also share my bias on the different pairs and the different data being released to see if any of these are going to be tradeable or whether or not we should just...
It's critical for forex traders to pay attention to big economic data releases, government statements, and geopolitical events. Why? Because this information generally represents a country's economic strength and can predict a currency's future direction. Trading the news might be tough and not fit for everyone, but the resulting volatility can provide a plethora...
It is crucial to understand the price action prior to a high impact news event. Analysing the range to the left beforehand can help you determine what move is likely to come next. In this example, we saw the price was driven down by the bears to stop out buyers, only to reverse immediately to the upside moments after the news had been released. By studying and...
In the next following days I am going to work on a full education course designed for understanding the fundamentals behind Forex market and at the same time showing how it can be used for days trading using fundamental news strategy. Our first lesson : U.S. ISM Manufacturing Purchasing Managers Index (PMI) Understanding the ISM Manufacturing PMI and...
Fundamental news in the forex market provides the greatest energy for price movement. Only often these movements are unpredictable. I have a news trading strategy in my feed titled "How to trade The News Correctly" , I recommend it to study if you have an aggressive trading style and want to earn even more on news 1) Employment figures The most important...
Trading strategies on news for many traders play an important role, since one news can take a very good movement, it is important to observe the nuances of such strategies. The essence of the strategy is to catch the movement and make money at the moment of the release of important news, becauseof which, most often, the volatility of the instruments we are...
Trading strategies on news for many traders play an important role, since one news can take a very good movement, it is important to observe the nuances of such strategies. The essence of the strategy is to catch the movement and make money at the moment of the release of important news, becauseof which, most often, the volatility of the instruments we are...
How to deal with news : Good trader should look at news as a secondary factor not a main factor !! The main factor is Technical Analysis on chart If you dont know the reasons of buying a coin you will exit at lose ! the main rule: buy the rumors sell the news TAKE CARE IF... 1- alot of Positive news + price is high Because most of times market makers...
Hello Traders😃 I have decided to make this educational post on a trade I took on the 5th of may which took profit after NFP✅ I believe there is a struggling trader who may be having difficulties putting it all together and creating a simple trading plan. The first thing to remember is that trading is probabilities so we try to get as many reasons as possible in...
What is a Whale, and Why is Archegos Capital One? Archegos Capital is what's called a "whale," meaning it's a big enough hedge fund that it can drive prices higher all by itself. Since a lot of traders buy "momentum" stocks, whales can make money by manipulating prices higher and then selling to "dumb money" that buys momentum stocks without regard to...
What is Fundamental Analysis? Fundamental analysis is a way of looking at the forex market by analysing economic, social, and political forces that may affect currency prices. The idea behind this type of analysis is that if a country's current or future economic outlook is good, its currency should strengthen (Baby Pips - www.babypips.com) What is Technical...
What is Fundamental Analysis? Fundamental analysis is a way of looking at the forex market by analysing economic, social, and political forces that may affect currency prices. The idea behind this type of analysis is that if a country's current or future economic outlook is good, its currency should strengthen (Baby Pips - www.babypips.com) What is Technical...
Generally, price action traders believe that price discounts every factor that may influence a security's price. But you should Not Ignore Major (High Impact) Economic News Announcements like: Interest Rate decisions, Non-Farm Payroll, FOMC, Crude Oil inventories, and so on... REASON: - If you did take a trade in line with the result of the economic news...
In this video we show you the basics of following earnings and news from your chart. This is especially helpful for equity investors and traders, but it also applies to those interested in crypto, forex, and futures because you will learn how to follow breaking news directly from your chart. All TradingView members have access to high quality news by clicking the...
Introduction If you're here on TradingView, it's probably because you believe that charts and technical analysis can give you an edge in the trading of currencies, metals, cryptocurrencies, and stocks. Granted, sometimes technical analysis doesn't work, but it works often enough to keep hundreds thousands of traders coming back here day after day. The larger...
Vanity metrics are just that - vane.