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Forex DeMYSTiFieD: A Self-Teaching Guide by David Borman

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Chapter 6

Using Research for Better Forex Trading

CHAPTER OBJECTIVES

In this chapter, you will learn the following:

• What fundamental research is

• How to use fundamental research to make trades

• What technical research is

• How to use technical research to make trades

• How research leads to spotting good Forex setups

Before executing your initial currency trade, you will need to have a solid understanding of the basics, which is called doing fundamental research. After gaining robust knowledge of this, you can then start independently reviewing central bank websites and comparing your own research with the news and brokers’ reports.

Next, you can take these combined ideas and utilize them in a plan to trade currency pairs.

Fundamental ...

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