I have been trading on a demo account for about 4 months strictly by indicators and the economic calendar. I am looking for and hoping to find some good sources of fundamental news regarding Euro/USD. Does anyone have news sources they swear by?
I do use both technical and fundamental methods for trading. What I am specifically looking for are news sources for euro zone countries relating to monetary policy much like we get from the Fed.
I can’t help but think that if I knew what was happening in these other countries a little sooner I could make even better trades. The news we seem to get in our trading platforms seems to come minutes after a major move has already been made.
Hi, i would like to know where i’m meant to find out Fund news for trading, is there one or 2 places, sites or whatever where i can find it. or do i have to find a multitude of places for each report?
Fundamental analysis is a method of trading based on news reports rather than technical data like charts, and projecting the next level a currency pair may will hit. In my case, the EUR, is being hit hard based on information from other eurozone countries such as Greece.
not quite… fundamental analysis is based in economic theory which is [I]reported on [/I]in the news. i.e. inflation, consumption, gdp monetary policy, consumer confidence etc…
any basic textbook in economics will give you the basics of fundamental anaylsis…