Fundamental News Filter

One keyword, if we want to master the fundamental factor in the forex is read it! To be able to figure out that an important fundamental news or not indeed necessary experience and knowledge. However, some websites also exist that are kind enough to provide a criterion for any news whether the news is not important, important or very important. Well blessed if we get it.

For news items is not important it is fine to ignore it and not connecting with your trading altogether because only insignificant influence. But the news such as Interest rate and Employment Change is dangerous to ignore it.

These Kinds Of Fundamental News

You ever try playing with pure technical analysis would certainly know that at certain hours and usually in the evening technical analysis often does not function properly. When all indicators are in favor that the prices will move up but the fact that all of a sudden the price down dramatically without any reason whatsoever.

In the first few months I Learn forex trading this is ever so often I've experienced. At certain hours it looks like prices are not following the laws of technical analysis and tend to move away in the absence of clarity. After studying for so long I finally understand that it turns out these factors exist at named psychology of the market or market sentiment or whatever his name but who called clearly influenced by news and rumors circulating in the market.