There are so many Forex trading strategies out there that its not surprising so many people dont know where to start. But actually, all of those strategies are some combination of two different techniques: fundamental or technical analysis.
A fundamental analyst looks at a nations entire financial picture to guide her trades, studying international macroeconomics and the forces that drive the supply of and demand for a currency. There are five of these factors:
is that countrys government in good financial shape or in the red, and what is their financial policy (pro-business, labor, etc.)
the balance of imports versus exports, which directly affects a nations money supply
the growth of that countrys real gross domestic product (GDP); in other words, that nations purchasing power
interest rate levels
inflation level; in other words, how high are prices
These last three are all relative, which means they are compared to those same measurements for other countries to determine their strength or weakness, rather than considered as stand-alone numbers.
The fundamental analyst looks at all these factors and balances them...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
