It takes a long-time for me to figure out how some people have been very successful trading based on the fundamentals because it is impossible to know the exact figure of the real forecast of economic data. However after studying sometimes now i started to gain some believe in it.
Today i just want to outline certain topics that is closely related to one other in fundamental trading but i am not going to elaborate further as it will be for future discussion. So this is the summary.
- New High/New Low = Overbought/Oversold
- Asian Zone, Euro Zone, US Zone Market Open
- Fundamental Economic Data