Forex Trading on EurUsd, GbpUsd, UsdChf, UsdJpy and EurJpy. My focus are in day trading and also longterm trades which are based on both technical and fundamental analysis. I also take high considerations to macro-economic factors. My aim is to become an expert trader.

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Forex Forums

Monday, August 24, 2009

Forex forums offer a jumpstart in learning forex trading and markets. With quick feedback, you can get your most important questions answered in the forums. Using forums is recommended especially if you plan to invest in a ready-made, expensive trading system or an a course to learn trading.

The most common places where forex discussions are held online are the generic, well-known portals. In some of them, you can start your own forum for a specific topic of FX trading and markets.
However, the best use of time for anyone wanting to learn in-depth forex market knowledge is usually to participate in forex forums in the specific forex portals.

Forex Forums – MoneyTec

MoneyTec is an online forex portal with extensive forex forums selection. The forum’s current headline areas include:

• Beginner forum
• Analyst & Charting
• Methods & Strategies
• Recommendations
• Advanced forum

The forums are widely read and followed by the smaller brokerages, and you might get your brokerage specific questions answered directly from company representatives.
Moreover, the forums offer a channel to express bad experiences with some of the brokerages. Because the brokerages participate so much in the discussions, read into the brokerage recommendations and warnings very carefully and do your own research.
There is also a live chat room, which can help you with the most pressing matters in trading.

Forex Forums - TraderClub

The TraderClub site is one of the most discussion areas for system traders, including forex trading.
Although the site forums have the focus of systems trading, the discussions range from strategies, to techniques and psychology of trading.
The forums are especially beneficial for anyone thinking of buying a ready-made system for forex trading. The forums include a handy keyword search, so that you can find relevant posts immediately.
Some of the topics are highly advanced and you’ll find yourself discussing with professional traders fresh from the day’s trading activities. Also, many of the most interesting posts are from people building their own trading systems and reporting on the results and techniques.

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