Forex Indicators

FOREX: Can somebody give some names of a few good sites that can give me forex-related news releases?...?

... Actually, does anybody outthere trade strictly around news releases, and if so, how is it working for you? How many pips do you make/ lose on average, and how long do you usually hold trades for? For people out there who trade with technical indicators, which ones work best for you? do you have any advice for somebody who is still in the learning stages? Personally, I try to trade around whatever trends I can notice ("the trend is your friend" rule), does anyone have any trend-based startergies they'd like to share with me? Good luck traders!

Public Comments

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2. Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com
3. My strategy was ridiculously simple; buy a trading system and let it works it's magic. Worked out for me, I'm in my 20's and no longer have to work if I choose not to... I have more than enough saved. Basically I worked a terrible regular job like everyone else, saved my money, invested it using an automated trading system WHILE I was working. This gave me two streams of income with no extra effort on my part. Too many emotions get involved when manually trading. What you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. A demo account let's you play the trading game with "play money" so you can see if you can profit from the trading system without investing your real cash. Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there's no profit to be made you get a refund and try another system; there's literally no risk when buying one. If you're interested I found reviews of the top 3 Forex trading systems: http://forex-funnel.the-perfect-solution.com/
4. I use this news calendar. http://www.forexfactory.com/index.php?page=calendar And I use these trend indicators with embedded price alarms http://www.forexearlywarning.com/charts.cfm http://www.flickr.com/photos/24224310%40N05/ Monitor the pairs with alarms and trade with the trend always. Good Trading Mark Mc Donnell http://www.forexearlywarning.com/