Where are the fundamentals?

[FxGuy]

Hi,

I've realized in these days the importance of fundamentals in trading, but i've seen too much information everywhere and i just don't know what to see.

I surf around FxStreet, DailyFx, Bloomberg, etc. and i've seen so many reports, Economic Reports, Economic Calendars, Economic Indicatos, News, Market Data, Market View, Fundamental Reports, Etc. Do you see?

There are too many reports, each one with a lot of information and some of them repeat some things from the other, many things to see but in the end i see nothing... i start reading them, and ten minutes later i'm confused, at this time, after being a couple of weeks watching news and reports, i don't have the minimal idea of where the EUR/USD is going to.

Where can i find the better information, something like a resume of the fundamentals, something i can see the mid and long term trend with? (not only the economic calendar of events), something like the most important market movers in short, medium and long term?

I know a little about technical analysis, but i want to be able to see the trend in the fundamentals, and then, use the technical to enter to the market...

Thanks.

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[DrForex]

Originally Posted by FxGuy

Hi,

Where can i find the better information, something like a resume of the fundamentals, something i can see the mid and long term trend with? (not only the economic calendar of events), something like the most important market movers in short, medium and long term?

FXGuy

Your question above in which you express the wish of probably thousands who are convinced by now after months and years of wasting their time with technical indicator systems, hocus pocus money management and other crap right from the annals of the trading guru's of yesteryear's stock market and their growing realization that the answer must be in the erratic movements caused by "fundamentals", is easily paraphrased as:

Please give me the holy grail, the forex genome, the DNA, mapped, explained and categorized and packaged with easy instructions on how to profit from this market.

Now I have good news and bad news for you.

The good news is that you are at least eventually considering something that may take you from the losers' to the winners' paradigm.

The bad news is that there is no information that successful "fundamental" traders have that you don't have. I tell you now, you have all the information you need and ten buckets full you don't need from the websites you mentioned.

And the ten buckets full that you don't need is the problem.

And this is where you and thousands like you of which a few hundred may even read this have to come to the realization that you are not going to get to the bottom of this by reading more free stuff on the Internet.

So let me re-iterate that you are on the road to riches but you are way far from getting to the source of your riches.

First of all you have to know that there are opportunists already a few years in this market that can find a gap that no one else can see, take it and make a million. And they are already here: the news trading gurus.

Opposed to that version of forex hocus pocus, or the latest fad, real forex fundamentals are the stuff that make people with lots of money pay people with no money lots of money to tell them what will theoretically happen in the next number of years, number of quarters and throw in a wild guess at the next number of months. That moves the forex market and cause the real trends from which those who are benefitting from them are making real money.

I am no news trader but I have a deep understanding of how the news releases affect currency pricing in the short term and I have a methodology to benefit from that, consistently, within a larger framework that delivers profits most of the time. But because its for real, its not free.

You have to identify relevant data releases and other fundamentals for currency price fluctuation and currency positioning by the whole multitude of professional traders now all dabbling in currency trading for some reason or another to be able to make sense of the fundamentals. You have to learn to think like the crowd that causes the currencies to move in the short term and the alternative crowds that make it move in the medium and the long term. Only then you have a very realistic chance to make it in this market.

This is no easy task and you will not learn how to do it in a 50 page or even 236 page ebook. It takes practice. It takes observation, month in and month out, weighing what you hear and what you see, and then from that starting to define your own framework that works for you.

I call it relational analysis. It is the ability to see deep connections relevant in the short term where others see nothing. it is the ability to relate events, price behaviour and time (elapse of) to what what you do in your trading account. Mix those ingredients in some systematic sensible manner and you make money.

If you can find anyone with any credentials whatsoever that offer the above for free, please tell me.

If not, you can ask me because this is exactly what I provide and the value is clear as can be seen in this live trading account of one of the beneficiaries http://rapidshare.de/files/32960609/...01to060831.pdf

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[forexfenom]

I recommend reading Profiting With Forex. It focuses on fundamentals, and takes the view of a forex investor instead of a trader.

I read the commentary on the website daily too. Great stuff for fundamentalists.

[FxGuy]

Thanks Dr. forex, as you can see, it's been a long time since i last visited this post, and the file you've posted is no longer available, could you please post it again, when you have time?

Thanks.

[DrForex]

Originally Posted by FxGuy

Thanks Dr. forex, as you can see, it's been a long time since i last visited this post, and the file you've posted is no longer available, could you please post it again, when you have time?

Thanks.

I will update it to my Bird Watching in Lion Country Newsletter subscriber list on a regular basis.

Make sure to register.

Dr Forex's Bird Watching in Lion Country ebook

[peterdonald]

Is that the only place where they exist?