Friday, June 01, 2007
Top Sources to learn forex trading online
Top Sources to learn forex trading online
Sorry for posting after quite a while..I was working on something which I'll share with you within next few messages. Its kind of nice new thing.
People generally tend to ask me how should they learn about trading forex. This is a very common question. With so much information flowing on internet and significant amount of it being scan, its not difficult for someone to get overwhelmed. There are lots of ebooks that tell you about a secret strategy with which one can make loads of money immediately.
To be honest, I have not come across any strategy that will make loads immediately..However there are few ebooks on forex trading that are reliable and are written by good authors.
However before anyone starting directly on ebook on forex trading to learn some strategy, I would strongly recommend to understand the concepts of commonly used technical indicators (such EMA, MACD, RSI, Fibonacci, stochastics and parabolic SAR) and important fundamental announcements (Such as FOMC rate decision, NFP etc.).
There is no point of going through an ebook if one doesn't know the technical indicators and important fundamental news.
To learn these things, the recommended resources are -
1. My blog..:-).,Yes, I have posted quite a few articles on to learn forex trading and commonly used indicators.
2. Investopedia
After these things are learned, then one should find a reliable course or an ebook for that matter to understand a reliable strategy.
I'll go through the recommended resources in the next post..Keep visiting to learn more on Forex and currency trading.
Labels: forex technical indicators, fundamental news, learn forex trading, nfp
