Fundamental data comes in many different shapes and size, and is available from many different sources.

In this module we are going to begin to consider the broad market approaches that help us with our trading tactics, timing and trading plan. And the place to start is by taking a look at the give broad approaches to the market.

This is the first podcast to the fundamental analysis module, and it is I want to explain what you need to understand about the fundamental news, and its impact on the markets.

Of the various regional bank data released in the US, it is the Philadelphia Fed Manufacturing index, or as it is more generally referred to the Philly fed which is the most closely watched.

And speaking of lending, this leads us neatly into another release from the Bank of England which reports net lending, which is the difference between new loans being granted and companies paying off debt and which also plays a key part in any monetary policy.

Now perhaps we come to the most complicated aspect of yield, namely, the yield to maturity. And this is the aspect of yield we need to analyse when considering the bond markets over a longer time horizon, and is what is known as the yield curve. This is often simply referred to as "yield."

As forex traders one of the first things we have to learn and appreciate is the role the US dollar plays in the financial markets.

Meanwhile, average true range or (ATR), as it is sometimes referred to, is a further attempt to define and display volatility in a more meaningful way.

In this video podcast I’d like to continue building on Wyckoff’s third law of effort and result.

The currency market can be said to be one of mean reversion. No currency will ever go to zero, nor is likely too and hence every major currency is involved in an endless and never ending journey.