Please take a look around, and feel free to .
Not in the long term peroid only but from short term to the middle term period also News could be a good chance to make profit, if you don't believe you will see short term movement after a big impact speech news like Fed Speech or BOE speech.fundamental analysis is suitable to predict about the future of market movement in long term period. while more complicated if used fundamental analysis to trading in short term purpose such as scalping for example. so, fundamental analysis is good method of analysis for long term trader only.
Well you are right about that you can use fundamental analysis for long term or short term trading. But if you look at my trading it is all about short term, because my position closed at most in 48 hours with few overnight fees. Unless you target for more than 100 pips and still using fundamental analysis i think that is good too.fundamental analysis is for both long term and short term prediction it never for one type of prediction only if you do fundamental analysis your trade is fully secured from unexpected loss
fundamental analysis to forecast forex markets
Using fundamental analysis to forecast forex markets is a bit more in-depth, but it can also be highly accurate. Basically, fundamental analysis means forecasting the market based on external factors -- political moves, government involvement, social movements, even the weather. Someone good at fundamental analysis might forecast forex drop-offs because he knows a country’s government is unstable at the moment, or increases because the country has just elected a popular new leader. Anything that can affect a nation’s economy can affect the exchange rates, and that’s what a fundamental analyst uses to guess at the forex market’s future
Naturally, this means having to know a particular country in-depth, which is hard to do for more than a few countries at a time. (It becomes even more complicated when trying to forecast the euro, since several different countries use that currency.) But having that kind of intricate knowledge makes it much, much easier to forecast forex trends.
I have seen, a number of Forex traders try to avoid the fundamental analysis! But, according to my 5+years trading experience only technical knowledge is not enough; fundamental events are the key points of the market movements!
Fundamental analysis - is a very powerful instrument for predicting the market, however one has to know how to use it correctly.
Yes, for identifying the market trend it’s very much important but it’s not easy to understand the real meaning of the news events! By the way, I am really interested to know the name of your favorite fundamental event!