FX:GBPAUD   British Pound / Australian Dollar
28 0 0
You do not need to know everything about Fundamentals and/or Technicals but you should also not be ignorant to the fact that both are the driving force in their own right in the market place.

One cannot ignore news events or announcements that surprise markets….It is not the NEWS that moves the markets….It is the interpretation of the news that moves the markets…The charts are just the interpretation of people jotted down on screen.

If we seize to have any news, we would have a stagnant market as the players would not have anything to interpret. I am a technical traded at heart but it is ignorant to completely ignore news events and fundamentals all together.

Trends are not produced by themselves out of thin air. It is the underlying fundamental shift or policy that sets the overall trend in motion, whether it reacts the way you anticipated with the news or not. And it is within that trend that many other minor trends can be produced and spotted and wave theory and other technical strategies can be very powerful.

You need fuel to set the train in motion and in the market:
Fundamentals/News = Fuel
Technical theories = Train


Happy Trading
Trade ideas, commentary and webinars coming soon
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out