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Dailyfx

Dailyfx

Many traders have asked me what I use for news and trading news, and the answer is Dailyfx.com . The reason for this is that the site has a concentration of pretty much everything one needs for the daily trading session.

For starters the dailyfx provides real time news, free of charge, always a good thing to keep on your desktop when trading. Other than the known news events, one must be aware of any market moving unplanned announcements. Note that an economic calendar is also available on the site, this is  a must, make sure you know exactly what is planned for the day. See news trading articles in this blog for more information.

Then there is the fundamental and technical analysis which is pretty good, not that I follow all of it, but if in doubt dailyfx provides another angle that helps one make a decision. You can choose an analyst to follow and keep track of their trades, you never know, some may tie up with your own decisions and some may keep you out of trades that may not work.

Dailyfx also has a trading log where one can see the results of active trades and also new ideas for the day, better than starting with a blank sheet, sometimes....

For beginners there are lessons on both fundamental and technical trading, even good as a revisions to those who are 'long in the tooth' traders,.

Finally dailyfx is available in several languages, and is easy on the eye, set it up as one of your home pages and see how it goes.

Best,

Mark

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