Fundamental and Technical Success

Introduction

Welcome to my post, I started trading 15 years ago, in my trading career I have learned a lot of things, some of them are necessary and some of them are just a waste of my precious time, I have lost almost 16 Most of it was not my money but the money of some people I talked to and decided to invest in my trades, I noticed that there was more to Forex than I thought, so I kept researching and putting this stuff together until I finally found my way around the market, I only used fundamental analysis for direction and technical analysis for entries and exits.

By saying fundamentals, we have to remember that even so-called low impact can have a big impact on the market, and I've gotten some good ideas around just that.

My trading plan is only for small pips, around 8 to 30 pips, depending on the strength of the market

Note: I will trade any news that surprises the market.

I will upload the tools I use here and the templates for each currency

rule

1. You must know where accumulation and distribution are and draw support and resistance zones for entry and exit

2. Understand the fundamental sentiment of the day’s news

3. Check the currency strength for any surprising moves (note that the market doesn’t like big candles most of the time, it’s a reversal signal)

4. Check whether the strength gauge is wide and strong

Example

#1 USDJPY (no news intensity, I only use it for reversals)