There are many threads that discuss trading techniques but there are not many threads, if any, that discuss the fundamentals of the bigger picture that ultimately drives this market and set the long-term trends on any currency. Most traders on here trade on the shorter timeframes and therefore fundamentals do not really come into play, but it is still very useful to have the bigger picture in the back of one's mind.
There are many traders on here that are very knowledgable from a fundamental aspect and they have some excellent information in their posts, although these posts seem to be littered across this forum. One of my aims is to bring all this information into a single thread so that traders can learn more about the fundamental aspects of Forex trading.
This thread is not intended to discuss trading setups, strategies or even charts. Personally I am happy with my technical aspects of trading, but I would like to get a better understanding of how the fundamentals affect the long-term trends of currencies. I don't profess to be a fundamental expert, however even though I have a good grounding in Economics, which I studied at High School, I still would like to understand more on this subject matter and how this is translated onto the higher timeframe charts.
I am not a news trader as I generally stay out of the market during scheduled news events, however the accumulation of these news events will determine whether a currency will strengthen or weaken over the long-term. Rather than discussing individual scheduled news events and how they would affect price on the day, I would prefer to discuss the accumulation of news events and how they will affect the currency in the long-term.
So my main aim of this thread is as follows -
1. A useful resource of links that will allow people to learn about the fundamentals and how they affect currencies.
2. To discuss monetary policies set by different countries and how they affect currencies.
3. To discuss inter-market relationships and how they affect currencies.
4. To discuss how scheduled and unscheduled news events will affect currencies in the long-term from a bigger picture perspective.
5. Anything else that involves the bigger picture fundamentals
I would like this thread to be useful to beginners, so that they can learn the fundamental basics, as well as seasoned traders who will hopefully discuss how these will affect the currencies in the long-term. If you can, please provide links to external resources, so that people can further investigate the topics discussed and allow them to further their research. I don't expect people to repeat the content verbatim that already exists on this or other sites, but rather provide links and preferably a summary of the links provided.
If you do find some information that was posted by another FF member, adapt it, add additional informational and resources to it, out of respect, please ensure that you acknowledge the original source or member in your post.
I hope that some of you will find this thread useful and informative, whilst others who intend to take an active role in this thread can further their own understanding on the ever changing market dynamics.
On a final note, we are all entitled to our own opinions, but if you want to be taken seriously, I suggest you back up your statements with well founded sources.
There are many traders on here that are very knowledgable from a fundamental aspect and they have some excellent information in their posts, although these posts seem to be littered across this forum. One of my aims is to bring all this information into a single thread so that traders can learn more about the fundamental aspects of Forex trading.
This thread is not intended to discuss trading setups, strategies or even charts. Personally I am happy with my technical aspects of trading, but I would like to get a better understanding of how the fundamentals affect the long-term trends of currencies. I don't profess to be a fundamental expert, however even though I have a good grounding in Economics, which I studied at High School, I still would like to understand more on this subject matter and how this is translated onto the higher timeframe charts.
I am not a news trader as I generally stay out of the market during scheduled news events, however the accumulation of these news events will determine whether a currency will strengthen or weaken over the long-term. Rather than discussing individual scheduled news events and how they would affect price on the day, I would prefer to discuss the accumulation of news events and how they will affect the currency in the long-term.
So my main aim of this thread is as follows -
1. A useful resource of links that will allow people to learn about the fundamentals and how they affect currencies.
2. To discuss monetary policies set by different countries and how they affect currencies.
3. To discuss inter-market relationships and how they affect currencies.
4. To discuss how scheduled and unscheduled news events will affect currencies in the long-term from a bigger picture perspective.
5. Anything else that involves the bigger picture fundamentals
I would like this thread to be useful to beginners, so that they can learn the fundamental basics, as well as seasoned traders who will hopefully discuss how these will affect the currencies in the long-term. If you can, please provide links to external resources, so that people can further investigate the topics discussed and allow them to further their research. I don't expect people to repeat the content verbatim that already exists on this or other sites, but rather provide links and preferably a summary of the links provided.
If you do find some information that was posted by another FF member, adapt it, add additional informational and resources to it, out of respect, please ensure that you acknowledge the original source or member in your post.
I hope that some of you will find this thread useful and informative, whilst others who intend to take an active role in this thread can further their own understanding on the ever changing market dynamics.
On a final note, we are all entitled to our own opinions, but if you want to be taken seriously, I suggest you back up your statements with well founded sources.