Forex Education

This online guide aims at creating a coherent understanding of the foreign exchange market, by tying in real life market scenarios with the relevant theories of international finance and the classic school of technical and quantitative analysis. Although there is a vast amount o literature on instructional finance, technical analysis and Chartism, there is a scarcity of instructional materials incorporating actual market events such as interest rate decision, interventions and geopolitical events.

Another area largely over looked by currency guide is the integration of fundamental and technical analysis for making decisions. The distinctiveness between the two types of approaches dissuades many from factoring them together. But knowing how to combine them can be highly advantageous in unraveling the trend and timing of currency moves.

This material focuses on teaching how to think for yourself in understanding global currency markets, rather then depending on a pre-set trading system which recommends decisions without providing input on the whys of making right and wrong decisions rather then rehashing the classic theories driving currency analysis, this guide will invite investors, researchers and students ands innovative approach, paramount in grasping and anticipating the moves in the major currency pairs.

The following is a list of useful internet links to economic and financials data and information from around the world.

1. Choose your currencies pairs.
2. Decide how much risk you are willing to take and how much you want to gain.
3. Track the time and date you placed the trade.
4. Keeping notes describing your strategy and why you chose to enter the trade.
5. decide how long you want to stay in a trade (hours, day, week, months)
6. Why did you exit the trade? Was it at your stated stop or limit level, or did you get out got other reasons, etc?
7. Experiment. Remember, you want to make mistakes on the practice account not with real money

Bank of international settlements
www.bis.org

International Monetary Fund
www.imf.org

The world Bank
www.worldbank.org

International Finance Corporation
www.ifc.org

Organization for Economic Co-Operation and Development
www.opec.org

International Energy Agency
www.iea.org

yahoo Finance
finance.yahoo.com

Forex advisory agencies proliferate here on World Wide Web. Yet piercing the veil of obfuscation engendered by the clutter of bad information can be terribly difficult. How are you supposed to decide on optional trading strategies in the foreign exchange spot market with such a poor signal-to-noise ratio?
The answer lies in a distinct appreciation of your particular corner of the market. Since the Forex market is the largest trading arena in world, you have to specify your interests greatly. This means researching a narrow nook of the marketplace.

What Forex Advisory mavens are saying?
Forex advisory mavens concur that those investors who fail to specify generally lose out. Don’t make your trading tale into one which is retold as a caution to others!
Decided on adverse strategy well in advance of any purchase.

It’s difficult to combat your emotional reactions to political and economic events.
But keeping a microscopic perspective can not be underestimated here. Your cool head may be the only thing protecting you against massive financial hemorrhaging.

Learning Center

The following is a list of useful Internet links to economic and financial data and information from around the world.

CENTRAL BANKS

INTERNATIONAL

REGION-SPECIFIC RESOURCES

US

EUROPE

ASIA