A Forex View From Afar

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Forex Analysis

European CPI

Written by A Forex View From Afar on Monday, June 23, 2008

European CPI

In the European CPI chart there is something way off. Can you spot it?

Some would notice that the red line that rose in the last months was almost vertical. Doesn’t that look like a bubble? An inflation bubble is something unheard off...until now.

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Fundies and Trading
There is a constant question from some traders as to why anybody would ever need to consider the ‘F’ word when trading. Fundamentals: what is so damaging at looking at both Technical charts and having a Fundamental filter to gauge how many Lots to put on? Why is it that accepting that Technicals give us price points to trade, but Fundamentals determine the direction that we travel is so difficult for some traders to accept? Without a Fundamental Filter very few pure Technical traders would have seen this Dollar move coming today.

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