Fundamental traders aim at trading the impact of the economic events/news/report/speech... The results of economic events may be just/extremely good/bad and the extent to which they're good/bad is unknown since there's no company/individual who is in maximum control of the market reaction... Not all events are capable of shaking the market price due to their importance within the economic sector, and again important news (e.g NFP) never form the same way they did in the previous months... We expect new trend formation each time a report is released and with the aid of experience we trade accordingly... Recall, individual traders "us" contribute less percentage in terms of moving the price, 1 pip equals 10 000 lot size! 0.01 lot is just a drop...
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January 06, 2017
Fundamental traders aim at trading the impact of the economic events/news/report/speech... The results of economic events may be just/extremely good/bad and the extent to which they're good/bad is unknown since there's no company/individual who is in maximum control of the market reaction... Not all events are capable of shaking the market price due to their importance within the economic sector, and again important news (e.g NFP) never form the same way they did in the previous months... We expect new trend formation each time a report is released and with the aid of experience we trade accordingly... Recall, individual traders "us" contribute less percentage in terms of moving the price, 1 pip equals 10 000 lot size! 0.01 lot is just a drop...
