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Posts by forex_trader_3773580
RISK REWARD REPEAT
in
Trading Systems
Jul 23 at 03:39
GOLD OPINION (07-23-2024)President Biden announced he won't run for re-election, and people in the markets are reacting. At first, the reaction was calm, and the price of gold briefly went up before falling to $2385.20 and then slightly recovering. If Trump becomes president again, it might be good for gold prices because of possible inflation and international issues. But it's too early to make any big investment moves right now.Everyone's now waiting for important economic reports coming later this week. On Thursday, the U.S. will release its gross domestic product (GDP) data for...
Integrating fundamental and technical analysis to trading and investing
in
Experienced Traders
Jul 22 at 05:26
Combining fundamental and technical analysis is crucial for trading and investing. Fundamentals provide the 'why' behind market movements, while technicals reveal 'when' to act. This synergy enhances decision-making, balances risk, and maximizes opportunities, creating a comprehensive approach to your strategy. For me, this is a more holistic approach to understanding the behavior of certain assets and as a trader it is very important for us to stay informed of what is happening on a daily basis to make logical decisions in the global market.
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