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August 29, 2008, Newsletter Issue #69: What is Fundamental Analysis?
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Tip of the Week
Fundamental analysis refers to the strategy of understanding the countries currency you are trading by looking at it's economic strengths, key indicators, GDP, and capital flows. Trade deficits and flows are also very important in fundamental analysis for Forex.
It is an alternative to technical analysis, which relies on charts to spot trends.
Most traders use either fundamental or technical analysis in trader, and the two camps argue as to which approach is best.
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Exclusive Sponsor
Greetings,
Forex Club is excited to announce a special program. When you open a new trading account we will deposit $100 on it to help you to get started with Forex trading. Since there are no fees to open an account, in essence, this means that you can start actual forex trading without spending a single dollar. Sounds like a pretty good deal, does not it? This is way better than a demo account. You can find out details about this promotion program here: http://www.fxclub.com/incentive
Thank you for your interest and good luck! Forex Club, New York
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