Friday, 24 August 2007

Still on Trading strategies

Hi Friends
If you have not forgotten, I was talking about strategies of more winning in currency trading. I know you will want to ask me if you can stay on only one method either fundamental or technical analysis. You can probably make more money trading the two because the understanding of both means a lot to the success of this business. Nobody can tell when you will have breaking news that will do wonder to the market. President George Bush will never tell you when he will be releasing another bomb. You have to put all your strategies in place. Do you understand that? ok
Fundamental analysis may in the first place render all the indicators you rely on useless when you have a very strong impact news. The news that deals with economy data and events. Watch Out!
Beware of those time when you are expecting the news

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