Introduction to Fundamental Analysis...

[Joe Hoover]

There are two basic types of analysis widely used by financial analyst: fundamental analysis and technical analysis. In fundamental analysis, we basically try to determine the price of a currency by analyzing the fundamentals of it, the core element on which price is dependent. The basic fundamentals of a currency are a nation’s government policy, socio_economic environment, political environment, its relationship with global economy, etc. fundamentalists try to predict the price by analyzing trends in the market.

[binaryowner]

Fundamental analysis help trader to foresee and determine the development in the price trends of currencies, based on which, he attempts to predict market changes and make profits. I do this with autochartist which is provided for free by HFM, for example, if I can't struggle to find trading pattern

[amily22]

This is a super thoughtful breakdown—thanks for sharing. I’ve always been kind of in between both worlds when it comes to trading. I love digging into charts and spotting patterns, but there’s something about understanding the real-world events behind the price moves that makes me feel more grounded in my decisions.

You nailed it with “analysis paralysis.” I’ve been there more times than I’d like to admit—staring at conflicting data, overthinking GDP trends, central bank statements, and second-guessing every move. Lately, I’ve been working on trusting my process more and not chasing every piece of news.

And on a totally different note—when I'm in deep research mode, not sleeping well, and running on caffeine, my skin tends to freak out. Random, but I started using COSRX Advanced Snail 92 All in One Cream a couple months ago, and it’s been a lifesaver. It keeps my skin hydrated and helps calm down irritation, especially after long days in front of screens.

Anyway, appreciate the insight. It’s nice to read posts like this that don’t just talk about the “what,” but also dig into the “why.”

[bluemac]

On 10/26/2024 at 1:00 AM, binaryowner said:

Fundamental analysis help trader to foresee and determine the development in the price trends of currencies, based on which, he attempts to predict market changes and make profits. I do this with autochartist which is provided for free by HFM, for example, if I can't struggle to find trading pattern

Some traders prefer fundamentals to trade while some of the traders use technicals, it depends on what you understand easily and follow for success.