Fundamental news and economic calendar

[dani1983]

Neither do I.

To be honest, I’ve never been interested enough in them to want to understand them, really. Economics isn’t my subject. I prefer statistics and probability.

They do affect currency values, of course. But (as is true of all influences on the market) the price changes they cause are expressed in the market in the form of imbalances between buying pressure and selling pressure; I’ve always preferred to look directly at those, and to think about price-movements in terms of those, without particularly caring what’s caused them. (I think this is probably very much an intraday trader’s perspective, rather than a long-term trader’s, but I’ve never wanted or intended to hold positions open overnight anyway, so it’s always suited me.)

That’s always been my approach. Gradually one learns how long it’s wise to step aside for, in each case.

Hi Lexys,

I am glad you are back on my thread. I will try to concentrate more on technical. Of course im going to check daily economic calendar just to avoid trades with big impact news. That is all for now. But i will do my best to start including news in my trades in the future.
I m newbie so i can be wrong from time to time but with profit wrong

LP Dani