Looking for book recommendations on Fundamental Analysis
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thread: Looking for book recommendations on Fundamental Analysis

  1. #1
    Junior Member Emilio1616's Avatar
    25

    Looking for book recommendations on Fundamental Analysis

    Hello everybody.

    Fundamental analysis is something I want to become involved with a lot more. On the web in webinars, tutorials, introductions etc I frequently learn that fundamentals might be or become important - especially, if you consider trading beyond the day-trader scope.
    There seem to be a lot of books accessible telling me about the best, perfect, 100%, additional bs egies applying fundamental analysis. But that's - actually - not what I am considering, 'cause I have very little confidence in believing in these ultra-awesome egies. Such names begin the alert and increase the questions: 'This could be too good to be true, wouldn't it? And when all of traders would stick to those 'recommendations', why are there so many loosers around???'

    So, what I am searching for are books or is a novel about the principles of fundamental analysis - how the different components of fundamental analysis actually work, interact or relate to each other on the 1 side, and on the other side what influence that they have on markets notably from global perspectives.

    Yes, certain I might be blessed and might learn these things while reading a novel about the pro-egies in forex-trading; but I am convinced and sure that a novel about these egies will discuss the different fundamental analysis elements in the light of these egies rather than with the intent to actually clarify and clarify them impartial ...

    So, my question is: have you got some recommendations, in case there are books available? I'd read books in English or German ...

    Thank you very much for any aid.
    Best wishes!
    Curtis

  2. #2
    Senior Member jotean's Avatar
    146
    Curtis, Fundamentals are only applicable to long-term egies (months/years). They have limited usefulness on whatever is shorter than a weekly basis. Nonetheless, IMO, fundamentals are worthwhile to know. It's not necessary to invest in books when there are plenty of valuable free internet resources. Simplified Forex Fundamentals - http://fxtrade.oanda.com/learn/intro...ntal-analysis/ Detailed Forex Fundamentals - http://www.informedtrades.com/f7/...
    Just not true.You only should watch Yen devaluation to determine price went from 78 to 105
    that's still in effect and continued months.
    How about past ECB meeting Draghi dropping verbal hints and EU fell over 250 pips.

    Point I am trying to make is some fundamentals affect currency that hold true then a week.

  3. #3
    Junior Member Mesbahi's Avatar
    15
    Curtis, Fundamentals are only applicable to long-term egies (months/years). They've limited usefulness on whatever is shorter than a weekly basis. Nonetheless, IMO, fundamentals are rewarding to understand. It's not necessary to invest in books when there are loads of valuable FREE online resources. Simplified Forex Fundamentals - http://fxtrade.oanda.com/learn/intro...ntal-analysis/ Detailed Forex Fundamentals - http://www.informedtrades.com/f7/...
    Thank you a lot for this. It really helped.
    I've been doing some research on this and there is a book that comes up often as a fantastic recommendation. It is Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings, Lien. Have anybody tried this and is it worth it?

  4. #4
    Economic Policy and Forecasting.

  5. #5
    Three important variables to go with fundamental analysis.

    Economic Data:
    - CPI, PPI, GDP, etc.. .

    Political occasions:
    - Elections, International conflicts, Government crises, etc.. .

    Speeches of the Primary political actors:
    - Bernanke, Draghi, Obama, Merkle, etc. . .

  6. #6
    I trade mostly on fundamentals, the very best book I have discovered on the topic is Currency Trading for Dummies by Brian Dolan. Anyone desiring to understand FA should begin there.

  7. #7
    Junior Member Emilio1616's Avatar
    25
    Hello.

    Three major factors to go with fundamental analysis. Economic Data: - CPI, PPI, GDP, etc.. . Political occasions: - Elections, International conflicts, Government crises, etc.. . Speeches of the main political actors: - Bernanke, Draghi, Obama, Merkle, etc. . .
    Okay, so much that I learned on different blogs, sites, webvideos etc.. But I'd like to know know more but mere titles and abbreviations. My aim is to really 'understand' how these things relate to or affect each other.

    About the first two recommendations: Thanks you. I'll enjoy into them. Lucky me Things are accessible as Kindle-editions. Sweet ...

    Best wishes!
    Curtis

  8. #8
    Why don't you create your own trading egy...?
    It is simple. Keep testing it untill you find something which works. Demo accounts are infinite and free

  9. #9
    Junior Member Emilio1616's Avatar
    25
    Hi.

    why don't you create your own trading egy...? It is simple. Keep testing it untill you find something that works. Demo accounts are boundless and free
    Thanks for your recommendation. Yes. The intent is to 'develop' my private egies.

    That's the reason why I search helpful resources which may help me understand what's happening to the Foreign Exchange markets, which then requires me to really neglect books/ names that talk of the best egies. Currently I'm not interested in the egies provided by other people, but I feel much more inclined to understand more or less fundamental concepts of the fundamental analysis elements in order to execute them into trading egies I would like to utilize.

    I'm no lover of trial and error, which is the reason why I wouldn't wish to carry out uninformed decisions regarding 'matters' which may require a particular basic comprehension of fundamental principles ...

    All that being said I still utilize demo-accounts for trial and error anyway - and even when this is simply about learning the ropes and coaching technical analysis ... however, this is not what this matter about: I only wish to know if there are 'great' or 'solid' books providing you (and me) a fantastic introduction to fundamental analysis in Foreign Exchange ...

    Best wishes!
    Curtis

  10. #10
    This really is like cheating...I believe it would be better if you knew how fundamentals work on your step by step, one account blown after another (demos) etc.
    This is precisely what I did because I do not trust anyone. It took me 1 year, but it had been worth it.
    And one other thing: it is useless to comprehend why eur/usd for example goes up or down because you may see some interventions in the market and. . .your entire undertanding will not be worth 2 dimes.
    It is best to go with your intuition for now. In time you will notice the results: 1. Accounts not blown up. 2. Accounts growing naturally.

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