Economic News
A good information provider is one who provides information that is useful for your trading. You should make your assessment subjectively, when trading stocks you will need information from companies, industries and general information. When trading currencies, I use the calendar, I read ING Think, I follow what Reuters publishes, I visit Forexlive.
Current forex information
Comments on speeches
Educational material
Technical analyzes
Forexlive is a useful website that provides daily news and commentary necessary for a trader's work. We receive very quickly information from the forex market and reports from the speeches of people deciding on the monetary policy of individual countries. The websites also publish technical analyzes of major financial instruments, including information on the current situation on major currency pairs, stock indices and commodities such as gold.
For beginner traders, on the Forexlive website we can find a category dedicated to Education, where, for example, we can learn the basics of technical analysis, fundamental strategies, trading rules or trading psychology. The knowledge is provided by specialists in an accessible and comprehensive way, we can delve into the secrets of trading step by step
In addition to the current amount of information on Forexlive websites, we can use a number of tools, such as extensive Forex Terms, charts and real-time quotes, and get acquainted with future economic events monitored in the economic calendar.
My attention was drawn to the category in the website menu: Forex Orders, after clicking it we have access to messages containing information on the size and expiry date of currency options regarding the main currency pairs. This is certainly information worth checking and testing for usefulness.
ETF Brokers
Brokers for investment funds and ETFs (Exchange-Traded Funds) provide investors with access to widely diversified portfolios managed by professionals. Investing in units of investment funds and ETFs allows for risk diversification and long-term portfolio value building. Investment funds enable investors to pool capital to invest in a variety of assets, while ETFs, traded on exchanges like stocks, offer liquidity and trading flexibility. Brokers like Vanguard and BlackRock offer a wide range of funds and ETFs, tailored to various investment strategies and financial goals.
Reputable ETF Brokers
Economic Calendars
Economic calendars are essential tools for traders, allowing them to track key economic events that can affect financial markets. Using an economic calendar enables better transaction planning and minimizes the risk associated with unforeseen events. An example of such a calendar is the one available on Investing.com, which includes information on upcoming macroeconomic releases, central bank decisions, and corporate earnings reports. This data is crucial for traders in global markets, including Europe, the UK, and the US.
Useful Economic Calendars
Futures Prop Trading Firms
Prop trading firms specializing in futures trading provide traders with trading capital, which can be allocated based on performance in specific tests or purchased challenges. Futures contracts allow speculation on future prices of commodities, indices, currencies, and financial instruments, offering flexibility in trading strategies. These firms offer educational support, including technical analysis courses, futures strategy training, and mentoring. With these services, traders can effectively manage risk, leverage trades, and operate in a rapidly changing market environment.