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  • Fundamentals

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    Cristian Mango
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    The fundamentals supported the trader's position earlier in the day as good AUD news was released in the Asia market. However, the previous day saw surprisingly bad CAD news, contrary to expectations. While the fundamentals were in the trader's favor, it is important to be aware of upcoming news that could impact the trade's direction and alter market movement.

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    The fundamentals supported the trader's position earlier in the day as good AUD news was released in the Asia market. However, the previous day saw surprisingly bad CAD news, contrary to expectations. While the fundamentals were in the trader's favor, it is important to be aware of upcoming news that could impact the trade's direction and alter market movement.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    18 views2 pages

    Fundamentals

    Uploaded by

    Cristian Mango
    The fundamentals supported the trader's position earlier in the day as good AUD news was released in the Asia market. However, the previous day saw surprisingly bad CAD news, contrary to expectations. While the fundamentals were in the trader's favor, it is important to be aware of upcoming news that could impact the trade's direction and alter market movement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Fundamentals

     Earlier on this day during the Asia market, the AUD news was released and
    the news came out good. 
     From the previous day Thursday the 9th, we had few Shockingly bad CAD
    news. They were expecting good news, but it came out worse than before.
     So overall the fundamental was on my side for this trade.
    Note : 
    Being aware that there is more news coming up for the pair you are trading can be
    essential. Just because you have the fundamentals to support you, don't forget to
    look at the calendar to see if there is another news coming up that can alter the
    direction of your trade. 

    Stay alert, stay informed, stay smart. 

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