A Forex View From Afar

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Forex Analysis

Oil's effects

Written by A Forex View From Afar on Monday, June 30, 2008

oil's effects over spending.

See what high oil prices had done! Beer is now cheaper than gas

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Trade Desk View

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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