Oil is also a market mover on some currencies, as an example if a country exports oil that currency will. The traditional way of trading is doing technical analysis which most institutes teach their students, nobody really teaches you how to do fundamental trading that's up to you. Fundamental and Technical Forex Trading - Types and What They Are Exactly There are two types of trading in Forex. You either do fundamental trading or technical trading, I personally do both types.

There are different kinds of market movers such as News, Oil, Gold and other economic events etc. A lot of people try to take advantage of news releases but it can be hard and the market reacts very fast depending on the event. Now not a lot of people do fundamental trading because its for the more advanced traders and people who are more into the economic events around the world. I am going give a description of both.

The most popular is trading news indicators, these often move the market in a quick monte UP or Down anywhere from 20-100pips instantly and sometimes continue in the direction depending on how big the deviation is.

Fundamental Analysis - O.k this type is mostly trading from what moves the market the most.