Investing in FORgeoEX by using fundamental facts and data

Apr 10, 2015 at 17:14
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1 Replies
Member Since Jan 24, 2015   24 posts
Apr 10, 2015 at 17:14
Hi guys,

I am investing in FOREX since October 2013. I have no idea about Technical analysis but I am looking mostly in Fundamental analysis.

I got profits from the EUR fall because all fundamentals was showing that sooner or later this currency need to become weak.
I got also profits from the EURCHF when everyone gone bankrupt because it was obvious that this 1.2 limit applied by the central bank was costing billions of Euro and will break one day.

No I am analyzing the Australian economy to find our what could happened to the AUD.


Anyway, I think most of the people loosing their money with forex because they look the lines and the diagrams instead of looking in geopolitical facts and data driving the currency in reality. However a good technical analyst is always very helpful for the short time decisions and the entry and exit points. So I respect what they do and wish I could know this also.

I opened this post to see if there are other peoples looking into fundamental so to exchange opinions.

Theodoros
 



Low Leverage, long term trades, stay safe...
Member Since Nov 21, 2011   1718 posts
Apr 10, 2015 at 18:41
Hi,

I'm 10% fundamental into my approach so I won't help you in this way. However let me know your biais about pairs you are looking at and we will see time by time how you perform from fundamental analysis.

I will help you to provide technical entry accurancy depending on your own outlook.

So AUD, I guess AUDUSD?

Ps: Do you swing or invest your trades?


Cheers
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