Managed Forex Trading - How To Use Accurate Market Analysis To Get Huge Profits!

Forex analysis and news are vital to the success of new & seasoned traders alike

. Finding quality information online can be difficult. Many sites only post feeds every few days rather than daily, only post market information that affects one or two of the major currency pairs and, worst of all, many sites are not consistent. Since there are a vast number of sites that post insufficient or incomplete analysis, the main question is, "Where can I find quality market news?"

One of the best places to find quality information is from your broker. Any broker worth their salt offers all of their users daily news, however there are two major problems with the information your broker's providing. First, the information most brokers offer is not consistent. Non-consistent information come at random times of the day, regarding random currency pairs. This can be a problem because if you need news effecting the EUR/USD and the only news currently available effects another currency pair, that available information is not helpful. Second, most forex brokers' feeds are regarding just one or two of the major currency pairs. Unless you're currently trading one of the pairs effected by the small amount of information provided, it has no actual value for you.

The best place to find quality market information is on Forex forums. There are many forex forums online, most are created and moderated by experts in the field who have been trading Forex profitably for years. These experts share their knowledge on Forex forums to help others traders make good trade decisions based on their expert advice. Most forums offer their analysis for free but some do charge a fee.

by: Daniel Saeper

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