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MERCER SILVER,GOLD & PLATINUM. SCOPE. Why Fundamental is Important? How do we Trade the NEWS? The Fundamental Set-Ups before & After News Which News are Important and Why ? Taking a Trade with Money Management Considerations. Why Fundamental are so Important?. Fundamental
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SCOPE Why Fundamental is Important? How do we Trade the NEWS? The Fundamental Set-Ups before & After News Which News are Important and Why? Taking a Trade with Money Management Considerations
Why Fundamental are so Important? • Fundamental • When applied to FOREX, it focuses on the overall state of the economy, and considers factors including Interest Rates, Production, Employment, GDP, Housing, Manufacturing and Management.
How do we Trade News? • We Trade as a Fundamentalist • Either a “SELL” or “BUY” focus • Creating a clear “STOP LOSS & TP” Position • Do a SET UP before a Trade • H4 Trend Line & Fibo Fan • H1 TWT & with all the Indicators that has been thought to you • BB, PIVOT, EQ, SUP, FIBO & SYM • Identify the strength of the Volatility & establish TP & SL
UNDERSTANDING NEWS IMPACT Central Banks Export & Consumer Consumer Big 3- US, CHINA & JAPAN Big 3 – US, CHINA & JAPAN Export & Consumer Politics & Headwinds • INTEREST RATE • PRODUCTION • EMPLOYMENT • GDP • HOUSING • MANUFACTURING • CRISIS - MANAGEMENT
ECONOMIC CYCLE RECESSION – KEY POINTS Employment Interest Rate Consumer Spending QE STRONG OR WEAK
ECONOMIC CYCLE RECOVERY – KEY POINTS Employment Interest Rate Consumer Spending QE
ECONOMIC CYCLE GROWTH – KEY POINTS Employment Interest Rate Consumer Spending QE
ECONOMIC CYCLE SLOWDOWN – KEY POINTS Employment Interest Rate Consumer Spending QE
Taking a Trade with MM • Always consider • How much you have? • Know your entry & exit points and calculate your risk • Using the Indicators to identify those positions are important • Practice