“How To” Start Trading The Forex Market? (Part 7)
HOW DO Economic Events impact Global Currencies:
When I asked several traders about their thoughts about using fundamental analysis as a part of their trading decisions, I have received two opposite responses.
RESPONSE of Trader A
Fundamentals that you read about are typically useless as the market has already discounted the price. I am looking at (1) the long term trend, (2) the current chart pattern and (3) identifying a good entry point to buy or to sell.
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