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Thursday, November 24, 2011

Fundamental Analysis for currency trading and tips for successful trading

*What is fundamental analysis mean? it is mean that you must follow up regularly forex news and  analyzes it to predict the true next behaviour for market, the fundamental analysis is the only guaranteed way to predict correctly.

*How you can analyze market by news? the true analysis depends on aset of news mean that you can not  decide the true direction of market by only one or two report.

*where and when i can know the news? you can know daily news and in fixed,specific time available for all by alot of forex news sites, i personally use forex factorey to know all news (FOREX FACTORY)

My advice to every investor in the Forex
1-do not trade against trend ever, this is summit risk
2-no quick, no slow,no greed and must use stop loss to protect your money
3-Do not rely on others to take your decisions.
4-if you cant analyze the market,dont trade in market news time ever

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