Monday, April 13, 2015

FOREX THEORY


What is Fundamental Analysis?

Along your travels, you’ve undoubtedly come across Gulliver, Frodo, and the topic of fundamental analysis.

Wait a minute…

We’ve already given you a teaser about fundamental analysis during Kindergarten! Now let’s get to the nitty-gritty!

What is it exactly and will I need to use it? Well, fundamental analysis is the study of fundamentals! 

That was easy, wasn’t it? Ha! Gotcha!

There’s really more to it than that. Soooo much more.

Whenever you hear people mention fundamentals, they’re really talking about the economic fundamentals of a currency’s host country or economy.

Economic fundamentals cover a vast collection of information – whether in the form of economic, political or environmental reports, data, announcements or events.

Even a credit rating downgrade qualifies as fundamental data and you should see how Pipcrawler turned this news into a winning short EUR/USD trade.


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