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into more detail and the detail that we'll be getting into is

at. And then that's when you know you have a perfect

a way usually in a pair you would see it's USD so for

care and I hope you I hope you enjoy this lesson. Alright, see

Um really and truly it's just the introduction to everything

going to look into more. That's exactly what you need to look

fundamental backing in a way. And then you can just proceed

like what are the monetary policies like who has more bond

exactly what we've got to look at as we move further into the

that's one example of you know comparing them but in terms of

inflation rate is of each country what are the exports

purchases who has more debt you know all these fact that we're

interest rates? What's inflation? How do we measure

we'll be at a point where you understand what's going on in

course you're going to look at some more data understanding

onto finding a technical analysis and scan into the

that we're doing. Uh this is just the core concepts that you

the news events that's happening. Anyways guys, take

need to understand you know what what's GDP? What's

combine them that means strong CAD buys or weak JPY sales that

going to have to analyse and see which one is stronger but

whatever analysis you have and then you know that JPY is

data you can go back to trade and economics as we explained

the news actually means when it's when it comes out what

trade. But anyways guys I hope this first section made sense.

whenever you see data releases you must compare what's going

them you know has a strong bias and the other one has a weak

in the in some of the lessons prior to this you need to

actually compare what the GDPs are of each country what the

it? Everything like that. Then of course we're going to get

weakening because whatever analysis you have you if you

the way I would approach it and the way I would like to teach

in this course what we've got to understand is that any

example the US dollar index DXY would have more prominence over

exactly we should look at but in terms of comparing 100%

on but also understand which economy is the dominant one in

them and that's where we look at differentials between the

the BXY which is the the pound so GBP USD of course you're

currency pairing in a way where you have a clear bias. This way

what's a smart way to go about this? Um usually you would or

that you can swing trade in that bias for a long time. So

inside one economy and then based on that they go okay I

means CAD JPY is going to be a very strong buy and that's

CADY you know that CAD right now is improving because of

the time or I must be selling for example if they've got that

bias. So what that means is let's just say for example it's

my students is always try go for currency pairs where one of

worse. In finding this differential you should pair a

conviction but what you've actually got to do is compare

at endogenis factors. So they just look at what's happening

you can be sure that you have a strong directional bias and

what lots of people do with fundamentals is they just look

endogenis is inside that economy. And the problem with

fundamental analysis that we do should always be compared to

fundamentals in comparison to other currencies endogenesis

other currencies in doing so we can compare which currencies

must be buying this all the time I must be buying this all

and markets are performing better and which are doing

internals so fundamentals domestically now moving forward

types of economies so exogenesis external

exogenous is when you look at the data and all the analysis

you.

in terms of comparing one economy to the next and then

the fundamental part of the course. Um so this one you guys

simple. Exogenis and endogenes differentials. What it means is

probably haven't really used these words much but it's quite

Yes guys welcome to the last video of the first section of