Learning : Forex Fundamental Analisys
There are 2 types of analysis are commonly used by traders, namely:
1. Fundamental analysis: by relying on the news or rumors in the worlds market.
2. Technical analysis: by relying on charts and mathematical formulas.
At these section we will give you a brief explanation on fundamental analisys.
Fundamental Analysis :
Fundamental analysis is analysis that relies on the news that happens in the world market. Or that was circulated in the market. This news content the emotion that drive trader to determine the value of a currency, stocks, or other instruments. One example is the increase in Central Bank interest rates by the Fed (U.S. central bank) can mean a stronger dollar. Rising prices of petrolleum will rice the stocks related to commodities, and so on. If you do not like the complex analysis(calculating, number, graphics, etc), it is now time for you to learn and choose this fundamental analysis.To study fundamental analysis correctly, you should learn economics specially on macro economics or about the economic laws. For example why the rise in interest rates effected the currency stronger. Sorry its not be described here in detail , but there are some economic indicators that you can use as a reference.(See table below)
Political & economic condition is very influated by Americas(US) economic conditions, news and US economic data is often used as a reference by investors against the movement of the world's major currencies.
| Economic Indicator | Value | Effect On US($) | |
| 1 | Average Earning | UP | Strongger |
| 2 | Balance of Payment | UP | Strongger |
| 3 | Budget Deficit |
DOWN | Strongger |
| 4 | Business Inventories |
DOWN | Strongger |
| 5 | Capacity Utilization | UP | Strongger |
| 6 | Car Sales | UP | Strongger |
| 7 | Chicago PMI (Purchasing Management Index) | UP | Strongger |
| 8 | Constuction Spending | UP | Strongger |
| 9 | Consumer Confidence Index (CCI) | UP | Strongger |
| 10 | Consumer Credit (CI) | UP | Strongger |
| 11 | Consumer Price Index (CPI) | UP | Strongger |
| 12 | Consumer Spending (Expenditure) | DOWN | Strongger |
| 13 | Cost of Living | UP | Strongger |
| 14 | Current Acount | DOWN | Strongger |
| 15 | Corporate Profit | UP | Strongger |
| 16 | Deflasi | UP | Strongger |
| 17 | Discount Rate | UP | Strongger |
| 18 | Durabel Goods Orders | UP | Strongger |
| 19 | Econimic Monetary System (EMS) | UP | Strongger |
| 20 | Factory Orders | UP | Strongger |
| 21 | Federal Budget | UP | Strongger |
| 22 | Federal Reserve Fund | UP | Strongger |
| 23 | Gross Domestic Product (GDP) | UP | Strongger |
| 24 | Gross National Product (GNP) | UP | Strongger |
| 25 | Housing Start | UP | Strongger |
| 26 | Industrial Productions | UP | Strongger |
| 27 | Invisible Trade | DOWN | Strongger |
| 28 | Jobless Claims | DOWN | Strongger |
| 29 | Leading Indicator | UP | Strongger |
| 30 | Money Supply (M1, M2, M3, M4) | UP | Strongger |
| 31 | National Association | UP | Strongger |
| 32 | (NAPM) | UP | Strongger |
| 33 | Non Farm Payrolls | UP | Strongger |
| 34 | Personal Expenditure | UP | Strongger |
| 35 | Personal Income | DOWN | Strongger |
| 36 | Prime Rate | UP | Strongger |
| 37 | Product Price Index (PPI) | UP | Strongger |
| 38 | Public Sector Debt Repayment | UP | Strongger |
| 39 | Retail Sales | DOWN | Strongger |
| 40 | Trade Balance | UP | Strongger |
| 41 | Trade Devicit | DOWN | Strongger |
| 42 | Trade Weighted Index | DOWN | Strongger |
| 43 | Unemployment Rate | DOWN | Strongger |
| 44 | Unit Labour Cost | UP | Strongger |
| 45 | Value Added Tax | UP | Strongger |
| 46 | Visible Trade | UP | Strongger |
Once you know these, the question is where I can get those data. You do not have to bother, you can get through internet. There are many websites providing those economic data.
One you can see it here
Learning Forex (STEP BY STEP)
Steps to learn forex :
|
|
Free Forex eBooks
You are please to download forex ebooks below for your learning materials. Its may needs Adobe Acrobat Reader and some files may be in the form of a separate and zip format.
The Truth About Fibonacci Trading (400 kb) The basics and application of Fibonacci by Bill Poulos.
Trend Determination (560 kb) Technic and tren metodology by John Hayden
How George Soros Knows What He Knows (120 kb) How george soros doing trading, by Flavia Cymbalista
Screen Information, Trader Activity, and Bid-Ask Spreads in a Limit Order Market (132 kb) An in-depth work on a Limit Order Market by Mark Coppejans and Ian Domowitz.
Strategic experimentation in a dealership market (390 kb) by Massimo Massa dan Andrei Simonov.
more free forex eBooks
Forex Video Tutorial more
Forex Market (Introduction)


