Fundamental Events

Fundamental analysis: 

Fundamental analysis is an analysis base on studying the global economic news and other news events which affect financial markets.
As a trader, no matter what kind of trader you are, fundamental analysis can help you on your way to success.

A Fundamenta analyser knows how important is following the news and important economy-related events. If the news from a country indicates economic growth, it's currency's value will start to rise. In many situations, economic news determines the start or continuation of a trend. Major turns on the chart often happen because of an unexpected news event or because expectations of news events are not met.

Based on which currencies or markets you want to trade you should establish which reports are important for you. Then the boring part starts, you'll need to watch the market's reaction to the numbers for a long time before you can confidently accommodate events in your strategy. 

Some important factors for event trading:

• See if your broker has a fix or variable spread during the events.
• Study the news for a few months before you start trading fundamentally. This is important as you can understand the effect of the news on a currency.
• Money management is a key factor during the news. be prepared, assess your risk factors, move the SLs and even add funds to your account if necessary.

It is important for technical traders to study economic news, especially in their money management.

Major economic events in Forex

There is much economic news around the world. The following list may help you to choose which one is more important for you.

1. Gross Domestic Product (GDP)
2. Trade Balance
3. Consumer Price Index (CPI)
4. The Producer Price Index (PPI)
5. Employment Indicators
6. Durable Goods Orders
7. Retail Sales Index
8. Housing Data
9. Interest Rates