Fundamentals and price/action

Intraday trading Forex strategies

A wise combination of fundamental and technical analyses gives a trader some important advantages. Examining the influence of economic factors on a currency rate helps us identify a trend. Examining charts, we can find entry points and place stop orders and targets appropriately.  What makes the market situation more complicated is that most drivers can’t be pulling a currency upwards or downwards for a very long time. As a result, a trend breaks and a trader taken off guard loses a part of profits at best. This problem may be solved by switching to intraday trading…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>