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Daniel Elton is a professional forex trader, financial writer, blogger, and analyst. He has a deep understanding of fundamentals, price actions and the world economy. Combining fundamental and technical aspects, he has a passion for sharing his ideas and analysis with readers. In his leisure, ...more

The 10 Best Forex Educational Blogs a Trader Must Follow

Date: Sunday, November 1, 2020 2:27 AM EDT

Did you know forex trading is a safety net you cannot overlook? From high liquidity levels to convenient market hours, this is a path you will love. However, beyond this, you will have to understand various basics. It is the only way to realize the ultimate success you envision in this pursuit. Here are a few blogs that will comfortably guide you into being an expert.

i. www.babypips.com


Babypips is undoubtedly a haven for many beginners. Usually, it focuses on helping these beginners learn the Forex market. One will readily understand the dynamics of the market, ensuring that they navigate forex trading seamlessly. Various mentors and traders are at your disposal to hold your hand throughout the process too. You will also access multiple tools for free and daily articles and quizzes to hone your skills.

ii. www.bloomberg.com

You can hardly overlook the popularity of Bloomberg, thanks to its focus on financial analysis and news. Whether you need information on finance, trade, or business, this will be the right place for you. Usually, users will readily access a specific number of articles each month, giving you more than enough information to cruise this industry. It will be fair to mention how user-friendly this site is, giving you an easier time in the long run.

iii. www.investing.com

As long as you need free trading tools, this will be the right place for you. Usually, it avails you of different resources, including news, analysis, educational material, and real-time data. Tools like Forex Volatility and Forex Correlation will get you smitten. Ideally, they will help you grasp some of the most critical elements you need to avoid too many losses.

iv. www.speedupforex.com

There is no denying that Speedup Forex has grown to be one of the most reliable blogs for both beginners and professionals in the trading industry. This site assures you of comprehensive information on trading psychology and in-depth technical analysis. You will also be sure of a relatively seamless user-experience and free tools.

v. www.fxstreet.com

It is almost impossible to overstate the convenience Fxstreet provides to both beginners and masters in this industry. Thanks to its all-round nature, you will be confident of getting all the educational content you need. Typically, this site will provide you with in-depth analysis, news, and forex charts. Did you know that it can provide you with up to four live forex webinar seminars weekly? The catch is that your account must be premium.

vi. www.forexfactory.com

The focus this site has on foreign exchange is both astounding and worth every minute. Usually, it focuses on providing comprehensive forex community integration. It comes in handy in shaping novices into professional traders, thanks to the multiple trading strategies it provides. Its user-friendliness is impossible to overstate, and you will fall in love with the six tabs it provides. Usually, you will be sure of a detailed economic calendar, a brokers tab, and a market tab, all of which provide essential information.

vii. www.tradingwithrayner.com


Nothing compares to the dedication this blog has to professional traders. Its pieces of information are not only educative but also without fluff or hype. In most cases, the content on this blog aims at providing multiple trading strategies. What makes this site interesting is how it focuses on checking emotional intelligence during trades. It is home to every professional trader.

viii. www.forexcrunch.com

If you are a fan of simplicity, this should be your ultimate choice. With how user-friendly it is, you will not need much expertise to navigate this site. But that is not all. This blog focuses on responsible trading, ensuring that you are shaped up in a way that guarantees success in the industry. You will be confident of getting daily trades outlooks and weekly forecasts. The information provided is always comprehensive.

ix. www.financemagnates.com

Sometimes you need a site designed for English and Russian users, and Finance Magnates is the one. This site allows you to seamlessly switch between the two languages, ensuring that you readily understand the content provided. Usually, it will be the right place for you to get news, thought leadership skills, and information on trade events. It also focuses on providing global multi-asset trading expertise.

x. www.dailyfx.com

It will be unfair not to mention DailyFx, thanks to the multiple tools it features. It guarantees you access to tools like economic calendars, trader sentiment charts, and trade events. Ideally, it will be the right site for you whenever you need information on potential market movements. It comes in handy for those who need forex trading analysis and news.

 

In conclusion, it is almost impossible to overstate the urgency of information whenever you are trading. Unless you have access to a wealth of such info, it will be hard to navigate the industry's dynamics. Thankfully, the insights provided above will be enough to guide you. Go through these sites today!

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

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