Fundamental analysis of world currency markets, V.N. Likhovidov
Many novice traders imagine fundamental analysis as nothing more than trading on the news, and are then surprised at their own failures.
In order to effectively use the influence of fundamental factors on exchange rates and other trading instruments, you need to take into account many related aspects, and not just news. The book “Fundamental Analysis of Global Financial Markets” is intended to tell you how to correctly operate the received data and make short-term and long-term forecasts based on them.
The book includes a detailed description of various factors affecting exchange rates; after studying them, you will only have to track the appearance of news based on these indicators.
Download Fundamental analysis of world currency markets , V.N.
Likhovidov Summary of the chapters of the book:
1. Why fundamental analysis is needed - a chapter about the need to use not only technical analysis in Forex trading, but also take into account fundamental factors.
2. International currency market - what is Forex and what serves as a tool for making profit on it, the basic principles of trading.
3. Money and interest rates - here we will talk about the world's main currencies and the peculiarities of their circulation, as well as the interest rates that national banks set and their impact on exchange rates.
4. Exchange rate and inflation - how does the inflation rate affect the value of the national currency and how can these changes be used to make a profit?
5. Fundamental analysis indicators – the main indicators on which fundamental analysis , their definition and interpretation.
6. Fundamental data, market psychology and decision making - summing up and recommendations for the practical use of the information provided in previous chapters for Forex trading.
If you carefully and thoughtfully read “Fundamental Analysis of World Currency Markets,” this will allow you to create a truly working news trading strategy .