- January 25, 2016
- Posted by: NetPicks
- Categories: Forex Trading, Trading Article
The Best Forex Websites
It’s our goal at NetPicks to provide you readers with the best information on day trading and forex you can get.
NetPicks is the leader in day trading education systems and strategies, and an outstanding resource for quality articles, webinars, videos, and more.
But we want to make sure that you know where you can find even more news, analysis and opinion about Forex online.
So in no particular order, here are what we think are the top 6 forex websites that you should know about to supplement your Forex knowledge online.
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Check out Forex Factory if you want to know how the latest news releases are going to affect your trading session. Forex Factory provides the key news releases and indicators that will have an impact on your forex trading session, using a color coded system that shows how severe the news situation is. In addition, Forex Factory boasts a robust forum covering all aspects of trading.
What does it mean to “cover an approach?” The definition of spread? Investopedia knows the answer and provides a comprehensive dictionary of the key terms and trading vocabulary that will prepare you for your trading session. If you’re in a pinch and need to look up anything involving forex or day trading, I guarantee you’ll find it here.
Forex newbies pay attention! Babypips is the go-to primer for beginning forex traders. Babypips breaks down the fundamentals of forex into an easy to learn free training course. They have a host of columns covering all things from psychology, automation, and first time trading in a perspective that is accessible to new traders. If you’re new to forex, or know somebody interested in learning, they belong here.
DailyFX is forex broker FXCM’s free daily news site. It is a great source for up-to-the-minute market news and technical and fundamental analysis. It provides an economic calendar of major news releases along with free forex charts, and it has a forum where you can discuss your trades with other traders.
Foreign exchange rates change all the time, so make sure you’re up to date on the currency pairs you’re trading with RatesFX. RatesFX provides foreign exchange rate data on all currency pairs. It is a comprehensive source for daily exchange rates with performance information, currency conversion, key cross rates, and an exchange rate alarm to notify you of key signals.
Trading can be lonely. Find community, friends, peers, groups in your area trading the same things you are. Traders Laboratory is a forex forum where you can find traders from around the world discussing all topics related to the financial markets. Contribute your own trading experiences, help out your fellow traders, and get real feedback from real traders with Traders Laboratory. Whether you’re looking for specific technical analysis tips, or locking down a bad trading habit, the community at Traders Laboratory will have a topic, opinion, and answer for you.