Doesn’t an economy drive the value of a nations dollar? Is there such a thing as a live graph that shows you how a countries economy is performing?
The reason I ask is that it seems to me that forecasting Forex with the use of indicators and such is like forecasting the weather once it has already arrived. I’m a little more interested in knowing what’s coming ahead of time.
Would it not be far better to analyze a nations economy to forecast Forex movements rather than to just analyze Forex?
no live charts of a countries economical performance that i know of however you can view regular news releases and reports on certain economical data which often causes significant moves in the forex market
thats why i’d suggest you dont even bother with indicators and dive straight into some real analysis - PRICE ACTION - mainly support and resistance lines, scalp lines and trendlines
any more questions feel free to shoot me a message