Fundamental analysis alone is more for ‘longer term’ aspects of trading and fundamental information doesn’t necessarily affect the market immediately.
Sometimes fundamental news has the reverse affect on markets so one should be wary when trying to apply fundamental analysis alone.
For example: A news report that gets released that is ‘good’ for a particular asset, normally results in a sell off - so be wary
The idea is to ‘combine analysis’
- Technical
- Fundamental
- Sentiment
Find a good trade setup - then ‘Stick to the plan’
The thing about fundamental knowledge and information is that it can change in an instant, and retailers will be the last to know about these changes, mainly way after the fundamental impact has been ‘priced in’ to the market from inside traders.
Hope this answer helps