Whether to be fundamental or technical has long been on debate, however retailers can't go after any since they are always in cloud of news noise or tied up with indicators.Most successful traders around the world are fundamental or technical and can't follow both and as traders we have experienced the time when the news has been in favor of a currency and it has lost weight or technically we look for a reversal, however the trend has continued. The question might be " how would we shorten the risk?" There are several rules to have in mind and most importantly you need to stay with mass capital in the market therefore economical situation of a country whose currency you are to buy must be considered but you need to avoid noises here after, what matters from economical point of view is the group of figures which show productivity as; GDP, CPI, Unemployment rate, and Manufacturing PMI. These figures don't change massively and by studying them on annual base and quarter base you can have a clear picture of strong economies around the world so you can have a strategy frame for what to buy and what not to.After having an image of a country economy you need to figure out what drives the …
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