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Stephen Fleming
Number of messages : 36
Points : 385
Date of Entry : 2017-02-13
Year : 45

Gathering Fundamental Data.

on Sun Apr 02, 2017 10:23 am
Gathering data and using a combination of the data is used to specify the true current value of the investments. In this case the currency. This helps them determine if the assets are over or under valued and also helps to predict their future value. Fundamental traders use analysis explicitly to draw their entry and exit points into the foreign exchange market.
jamshed
Number of messages : 50
Points : 391
Date of Entry : 2017-01-22
Year : 29

Re: Gathering Fundamental Data.

on Sun Apr 02, 2017 1:51 pm
To specify the current value forex investment this is very important to gather the fundamental market data. After gathering the data this is also required to combine the data to use perfectly. In foreign currency exchange fundamental data will determine whether the value of currencies are over or under. Also it helps to predict the future value of currency. The trader who predict the future value of currency most accurately will get the success in forex trading.
Attary
Number of messages : 38
Points : 362
Date of Entry : 2017-02-13
Year : 22

Re: Gathering Fundamental Data.

on Sun Apr 16, 2017 6:05 am
In forex business, you can make money only when you have the real knowledge of forex trading and you are trading with a best broker like FXPRO. You can protect your trading account by money management. If you are new then you can start your trading with lowest amount of investment. They are offering lowest trading spreads and higher leverage facility. You can make your profit consistent with this broker.
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Chris
Number of messages : 12
Points : 282
Date of Entry : 2017-03-20
Year : 41

Re: Gathering Fundamental Data.

on Sun May 21, 2017 1:58 pm
There are two types of Forex analysis. Among them one is technical analysis and another is fundamental analysis. Fundamental analysis is more valuable than technical. But a fundamental analyzer has to work hard and should keep all information of the world for the welfare of analyzing. It is too much hard to do and personally it is really impossible to run.
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ivanandrej25
Number of messages : 18
Points : 299
Date of Entry : 2017-03-13
Year : 40

Re: Gathering Fundamental Data.

on Thu May 25, 2017 3:57 am
Chris Moris wrote: Fundamental analysis is more valuable than technical. 

What makes you say that? although technical and fundamental analysis differs in approach, two forex analyses these  are both valuable and essential to make better trades. We can't say fundamental is better than technical or vice versa. I hope you got my point mate
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Stuart Broad
Number of messages : 179
Points : 700
Date of Entry : 2016-07-16
Year : 27

Re: Gathering Fundamental Data.

on Mon Jun 12, 2017 8:07 pm
Fundamental data affects the price action. There are many resources to get the data and one can select any good source and then couple that with their own strategy.
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