Comments on: The Truth about Forex Fundamentals and Trading the News

By: malusi

malusi — Mon, 25 Aug 2014 16:16:53 +0000

thanks nial. i started to trade using 5 minutes to 15 minutes but it did not work for now i am trading time frame of one to. day time frame and it’s coming well so far.

By: combat212003

combat212003 — Sun, 24 Mar 2013 07:56:47 +0000

Yes, this is true, but what are you going to do after the news release? are you going to follow the trend or be a contrarian? surely you still need to know where the market is going…!!!

By: fundamental trader

fundamental trader — Mon, 05 Nov 2012 09:30:49 +0000

basically fundamental trader are same like Technical trader, we dont need to read all news :) just a few of important news and everything will follow :) but I have to be honest! fundamental are not fit for scalper :)

just my 2 cents :)

By: Paul

Paul — Thu, 28 Jun 2012 16:28:54 +0000

Patience is every thing i have learn alot and am still learning. thanks for your impact in me i found courage trading ever since i read your article.
Great JOb i love it. Keep it COOL.

By: Kevin

Kevin — Mon, 03 Oct 2011 16:27:10 +0000

Thanks for your reply Nail. Great article that explains thoroughly the complexities of trading the news. Price action certainly is king but we need to manage risk based on news.

By: nico

nico — Thu, 28 Jul 2011 16:59:40 +0000

it seems that recently fundamentals are governing the market in the short term and there is a consolidation of price action. should one be patient enough to enter a good trend or go with trading news?

By: Mohamed Ansari

Mohamed Ansari — Thu, 21 Jul 2011 05:51:03 +0000

Brother Nail,

I really realise my mistake with the forex, after i read the article it open my mind.

Thanks and Regards
Mohamed

By: shishir

shishir — Tue, 05 Jul 2011 05:29:38 +0000

Good morning Nail. Thank you very much for your help to all traders being a couch.your Forex trading course are very helpful.

Cheers
shishir

By: andrew

andrew — Tue, 05 Jul 2011 01:37:03 +0000

hi, thank”s cheers andrew

By: Robert Meinecke

Robert Meinecke — Mon, 04 Jul 2011 17:08:11 +0000

Nial, your dead on. I have been trading over 10 years and have numerous times tried trading the news without success. Never did well at all. Your article is Excellent and so very easy to understand. Thank you Nial.

By: Emea

Emea — Mon, 04 Jul 2011 10:55:31 +0000

Thank you for the information this this topic and is very helpful.

By: Kevin

Kevin — Sun, 03 Jul 2011 19:54:32 +0000

Nial,

Ever since I ran into your videos on YouTube on price action I stopped looking at everything else, fundamentals, news, indicators etc… Its only because of this that I was able to stay and wanted to stay in Forex trading since your method made things so, so simple to understand and follow. Your trading course is #1 and it’s so simple even the not so bright as myself can understand it. Thank you.

By: eric

eric — Sun, 03 Jul 2011 10:27:43 +0000

I agree Nial, fundamental analysis previously has always been my benchmark comparison to enter the market, and it has made me confused. I think the price action strategies are a very easy and simple to learn.
thanks Nial

By: Justin

Justin — Thu, 30 Jun 2011 11:20:17 +0000

Totally agree . Keep it simple . Great article . Thanks Nial

By: UCHE

UCHE — Sun, 26 Jun 2011 21:35:36 +0000

well understood,it sounds nice another great article from the master!

By: Butch

Butch — Sun, 26 Jun 2011 20:11:49 +0000

I’m sure Fundamentalist have their arguments, but price in present time doesn’t lie. I’m still learning to read action and momentum. That’s the meat and potatoes of this. Thanks Nial.

By: Peter Miller

Peter Miller — Sun, 26 Jun 2011 19:23:49 +0000

Great job again Nial. Trading news is for the Big Boys, Us little’ns need to trade with our heads and that means not touching anything for at least 30 mins after the news release. Correct or what?
Regards
Peter

By: Srinath

Srinath — Sun, 26 Jun 2011 02:52:59 +0000

Hi Nial,

As you mentioned above most of the reveiew is being stated out after the movement of the chart. Perhaps through your coach it’s already been indentified in an advance…excellent work…your contribution is highly appreciated it the Forex Market and trader like us…keep it up mate…

Regards
Srinath

By: Maurice

Maurice — Sun, 26 Jun 2011 01:53:05 +0000

Great Nial, very simple but very true. I love reading your articles. Thanks

By: Chris Pereira

Chris Pereira — Sat, 25 Jun 2011 15:32:30 +0000

Fully agree Nial. Not analysing news and other fundamental factors makes trading much simpler, and much more efficient. I have been trading for a while now and have not missed not analysing news or fundamentals.

By: Ramli

Ramli — Sat, 25 Jun 2011 13:18:55 +0000

Thanks with super thought.

Cheers

By: kingsley

kingsley — Sat, 25 Jun 2011 12:12:05 +0000

good job man keep it up

By: Kate

Kate — Sat, 25 Jun 2011 05:30:54 +0000

Thanks for another good tip. :)

By: Brodwyn

Brodwyn — Fri, 24 Jun 2011 17:59:09 +0000

“Simply” great article. The place & purpose of fundamental news is now clear to me and I’m glad it’s not a complex issue.

By: Chanel R

Chanel R — Fri, 24 Jun 2011 16:32:50 +0000

Nial, thanks for another great article! I always wondered about how news effects price action. Sometimes this would lead me to not taking a trade due to what I would expect to happen when the news came out.

By: bethel

bethel — Fri, 24 Jun 2011 14:17:36 +0000

hello mr nial fuller you have been extremely wonderful with your lessons and i have come to test and see that all you said is true. you are truly a good forex mentor, please keep it up. I do not have much money for your inside memebership, but should i have the money i will certainly subscribe for it.

By: DRS

DRS — Fri, 24 Jun 2011 14:13:24 +0000

The global economic climate is good for long term trades held over a year or more though.

Gold is going up.

USD CHF is going down.

Looking at strength of economies does say alot.

Although I would agree – trading the news for intra day would be alot of work for little gain.

By: Terrence Meltz

Terrence Meltz — Fri, 24 Jun 2011 12:13:18 +0000

thanks for the tips long term trading your style has turned my trading around thanks for all i am trying to listen to all your free content for now later as my trading improves and i have more winning trades i will surely buy a membership thanks for all

By: ahmed

ahmed — Fri, 24 Jun 2011 11:52:57 +0000

very good approaching.very good article u rocks ciao ciao

By: umar shariff

umar shariff — Fri, 24 Jun 2011 10:43:27 +0000

Dear Nial,
Really this article is helpful and i follow your Real experience commentary.
I hope doing well.
warmly,
umar shariff

By: Sam T

Sam T — Fri, 24 Jun 2011 10:38:28 +0000

Ron, you are right, Nial’s stuff is very very good. I love these kinds of articles, news is certainly a ‘bad idea’ to trade. That is why I stick to price action only ! Cheers. Sam from Sweden.

By: Frank Page

Frank Page — Fri, 24 Jun 2011 10:31:17 +0000

Nial, great article. The news is very useful for the many so called “online experts who know sod all about trading. Instead they can make “intelligent” comments on the news to get themselves heard. If you have few degrees in economics then maybe the news is useful for predicting price direction. Like Nial, I also personally stick to price action and avoid trading on major news releases.

By: Vickie

Vickie — Fri, 24 Jun 2011 10:30:46 +0000

Nial,
I am sure you’ve probably covered this before…so forgive me if I just didn’t see it, but do you close out your trades even if you haven’t reached your profit target prior to the NY close for the weekend? Thx, your fan, Vickie

By: Ron

Ron — Fri, 24 Jun 2011 10:20:53 +0000

Nial, you are an amazing coach, thanks for your article here on the truth about trading the news, it makes alot of sense. I am enjoying your forex course. thanks again, Ron

By: Filopastry

Filopastry — Fri, 24 Jun 2011 09:37:51 +0000

Since doing your course Nial. I have wondered about this topic. I can see a set up at night wake up in the morning price has gone in the direction of the set-up. Then on the morning news economists and other authorities try to justify what happened after the horse has bolted.
If I didn’t know better its like they make the news fit the chart.
Only an amateurs opinion.

Another great insight into the Forex world,

Thanks Nial.

By: Marton

Marton — Fri, 24 Jun 2011 09:01:12 +0000

Very true article, as far as I can tell!
Though I may not be the most experienced trader in Nial’s community, I have put 10 months now into looking at news effects in the charts. What I see is before news coming out many times chart just simply consolidate. What is consolidation when speaking of PA? Many times Inside bars!! So what do you do? Play the break! And they bring a lot more gain then loss. Thanks Nial!
cheers
Marton