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Old 29-05-2005, 14:55   #31 (permalink)
4xis2ez
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Re: Trading FX on International News

Quote:
Originally Posted by fxintra32
I checked Bloomberg website, it's actually pretty good. Is this what the pro's use?

Gamma Jammer you mentioned, to understand fundementals is really complicated. You got any tips to help understand fundamentals, Not what they are. I mean about Revisions, how gold, oil, etc... has and effect aside from the U.S news.

And for statements. I recalled last month's U.S Interest Rate didn't create movements because of certain statements made. I would like to understand these kinds of things.

I'm starting out, and I'm trying to understand all these factors.

and is the Bloomberg TV or radio (on the web) ok to use as traders? Or should I pay for esignals?
FXintra32
A word of advice. Do not concern yourself with what the economic report numbers are. If you concentrate on that you'll get creamed. Trade only the price chart and how PRICE reacts to the news.
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