How should scalpers deal with fundamentals information? [Forex Demon]
For those who want to make scalping the core of their trading, a truly troublesome issue is how to deal with fundamental information. Should you ignore it unless necessary, or should you check it carefully? Here, we will have the master scalper, Mr. Oni of Forex, give advice on how to approach fundamental information.
Table of Contents
1. Ignoring fundamentals in scalping is dangerous in itself
2. What are fundamental informations?
3. Things to watch out for with fundamental information
4. How should fundamental information be used
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※This article is a re-edited version of a FX攻略.com article from May 2016
Ignoring fundamentals in scalping is dangerous in itself
When scalping, you often hear that fundamental information has nothing to do with it, but is that really true?
In my experience, the large losses in scalping come when the daily-chart trend recognition, which reflects fundamental information, has completely disappeared from the top of your mind. This shows that totally ignoring fundamental information while scalping is actually dangerous.
Therefore, in this article I would like to explain how scalpers should relate to fundamental information, including how to think about it, how to use it, and things to watch out for.
