I’ve been getting a lot of questions lately about the rules for ‘Trading the Economic data releases’, so I just wanted to spend a little bit of time to explain the rules and where the economic data fits in
If you cant understand the Forex Fundamentals you cant workout the direction of a currency. Forex Fundamental Analysis provides the additional information to Technical Analysis to give the forex trader a full understanding of the Forex Market.
After 28 years in the market, 8 of which have been working with retail traders, I can isolate it to 3 major reasons why they aren’t successful & they stick out like a sore thumb.