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Five websites that you must see if you are trading Forex

Here are five websites that you should definitely include in your Forex trading arsenal so that you could make the best informed decisions in your trading.

Bloomberg TV live – Guide to live news and stats online, Now you can watch Bloomberg online for free to make sure you are trading the right direction in your fundamental trades. Also if you were bit off date on your market outlook you could watch these syndicate reports:

• Business report – 90 second morning report covering the previous day’s trade updates and what to expect later today.
• Market update – Mid day broadcast of the mornings trading news and a view of the afternoon ahead.
• After the Bell Report – Closing recap and analysis of the day’s trading and its effect on the market.
• On the Weekend Report – A Weekly look at how the markets progressed, plus a look ahead to what’s coming.

ForexFactory.com calendar – Is definitely one of most important tools if you are a fundamental trader. Forex Factory offers a comprehensive Forex financial calendar that is update real time and includes forecasts, previous stats and interactive graphing tools to give you the most out of your fundamental analysis. This together with Bloomberg news service could give you unmatched fundamental insight into the financial Forex arena. Also included is the Forex factory forum which is a treasure trove of information. It Includes discussions about strategies, trading systems, news sessions and much more. All in all an excellent place for to both learn from and contribute to.

Mataf.net – offers comprehensive technical analysis of the current positions of pairs on several different time scales, including interactive charts on currency index, correlation, volatility and pivot points. They also have a powerful professional charting program tool called Prorealtime, free up to daily chart scale. But for 28.99 dollars a month you could get the unlimited package with options of watching various market indexes as well. This would definitely be an extremely useful in your strategising as it includes cutting edge visual trading tools in their products.

Babypips.com – If you’re a newbie or still figuring out the details of Forex trading, this would be an excellent place for you. Daily blogs posts, a cool Forex wiki, and best of call they offer a whole series of free educational courses offered. This site is definitely worth a look.

Netdania.com – Think your charting software is inadequate or doesn’t include some basic indicator you wanted? Never fear, there are some free tools available online try netdania for their free for all, online charting system, might seem a little too old school by looks but is definitely has the essentials that make up any super cool professional charts software, and the best part is there’s no registration or installation, its straight out of your browser. Great if you want to tap-in, on the move.