Fundamentals

 

Could someone recommend any good educational material on Fundamentals.

How and why the news reports/economic data would effect the market etc...

Any ebooks etc?

any help would be appreciated

Thanks.

 
superman:
Could someone recommend any good educational material on Fundamentals.

How and why the news reports/economic data would effect the market etc...

Any ebooks etc?

any help would be appreciated

Thanks.

I moved your thread to this section https://www.mql5.com/en/forum

Because there are a lot of materials in this section. Open this section and change "Display Options" from the beginning. There are alot of free signals, trading books, regular updated forecasting service (free) and so on.

 

There's a very good book by Frederic Mishkin, The economics of money, banking and financial markets. Give it a try.

 
posterx:
There's a very good book by Frederic Mishkin, The economics of money, banking and financial markets. Give it a try.

I heard that Day Trading the Financial Markets by Kathy Lien is good.

 

babypips.com also quite good

 

Some sites Worth Visiting

Superman, Check this out!

http://www.forextv.com From that site go to Forex education, they got free video on fundamentals effect on dollor and so much more

Forexfactory.com will post the calender with explanations of eco data with expla of what they mean

regards

Dennis

 

Hi Superman, sign up a demo account on fxengine and you'll get this kind of email every week

--------------------------------------------------------------------------

Trade the News with FX Engines: Weekly Alert

Below is a summary of this week's significant news events. To learn more about these events, log into your account and click EVENTS > EVENT REPORTS and EVENTS > TRADE IDEAS > HOW TO READ AN EVENT REPORT.

There are 10 events this week:

---------------------------------------------------------

PPI

August 15, 2006

8:30 AM EST

Rating: 5 Stars

Quality Trades: 88%

True Spikes: 69%

Reversals: 19%

Average High: 54 pips

---------------------------------------------------------

NET FOREIGN PURCHASES

August 15, 2006

9:00 AM EST

Rating: 5 Stars

Quality Trades: 86%

True Spikes: 86%

Reversals: 29%

Average High: 46 pips

---------------------------------------------------------

BUILDING PERMITS

August 16, 2006

8:30 AM EST

Rating: 3 Stars

Quality Trades: 69%

True Spikes: 75%

Reversals: 19%

Average High: 47 pips

---------------------------------------------------------

HOUSING STARTS

August 16, 2006

8:30 AM EST

Rating: 3 Stars

Quality Trades: 69%

True Spikes: 75%

Reversals: 19%

Average High: 47 pips

---------------------------------------------------------

CPI

August 16, 2006

8:30 AM EST

Rating: 5 Stars

Quality Trades: 81%

True Spikes: 69%

Reversals: 38%

Average High: 57 pips

---------------------------------------------------------

INDUSTRIAL PRODUCTION

August 16, 2006

9:15 AM EST

Rating: 3 Stars

Quality Trades: 63%

True Spikes: 50%

Reversals: 19%

Average High: 42 pips

---------------------------------------------------------

CAPACITY UTILIZATION

August 16, 2006

9:15 AM EST

Rating: 3 Stars

Quality Trades: 63%

True Spikes: 50%

Reversals: 19%

Average High: 42 pips

---------------------------------------------------------

INITIAL CLAIMS

August 17, 2006

8:30 AM EST

Rating: 5 Stars

Quality Trades: 80%

True Spikes: 57%

Reversals: 30%

Average High: 50 pips

---------------------------------------------------------

LEADING INDICATORS

August 17, 2006

10:00 AM EST

Rating: 1 Star

Quality Trades: 44%

True Spikes: 44%

Reversals: 13%

Average High: 34 pips

---------------------------------------------------------

MICHIGAN SENTIMENT

August 18, 2006

9:50 AM EST

Rating: 2 Stars

Quality Trades: 53%

True Spikes: 20%

Reversals: 47%

Average High: 45 pips

To learn more about trading the news, read our two core reports:

Trade the News (http://www.fxengines.com/services/tradethenews.pdf)

News Trading Strategies (http://www.fxengines.com/services/newstradingstrategies.pdf)

--------------------------------------------------------------------------

I'm using Forexfactory calendar too to get more alert on news, but their explanation is not as detail like this

Hope this helps..

 
 

FXRelease

We offer a service to traders for a monthly fee. I don't know what you are looking for along the lines of a mentor but we do weekly training as well.

Jeff