how to make better trading decisions using fxstreet.com tools
TRANSCRIPT
How to Make Better Trading Decisions Using FXstreet.com
Tools
Introduction
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There are many types of traders with different experiences, beliefs systems, backgrounds and goals. But they all need solid information, education and reliable tools.
Let's divide them into 4 types of traders...
The Beginner The Technical Trader
The Fundamental Trader
The Advanced Trader
All the features of this presentation are totally free of charge (except Premium service)
The Beginner
The one who never traded forex before and does not know where to start OR the one who opened a demo account without any idea of forex and blew it in a couple of days OR the one who traded other financial markets but never the Forex Market
… on FXstreet.com, he/she should start with...
Learning Center
Live (Webinars)
Blogs
Tools
The Beginner
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Learning Center
The Beginner
[ Visit Learning Center ]
A dynamic and complete course to help you set up a personal and unique trading plan. Includes Assessment modules
Blogs
The Beginner
Key names of the FX Industry (including Wayne McDonell, Raghee Horner, James Chen) blogging about trading ideas, technical analysis, trading psychology or the trader's day-to-day life.
[ Visit Blogs ]
Tools
The Beginner
[ Visit Tools ]
Determine strategic places for targets and stop losses; define S&R levels; seize a value of a single pip for major pairs; money management tools; Calculate Pivot Points ... and more!
The Technical Trader
The one who only trusts indicators
2 sub-categories :
1. Aggressive Trader: The trader who likes to trade heavily, using the highest possible leverage and mainly doing scalping and some intraday trades.
… on FXstreet.com, he will particularly like:
Heat Map
Technical Analisis Trading Strategy Section→
The Technical Trader
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Heat Map in the Currencies-at-a-glance
The Technical Aggressive Trader
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[ Visit Heat Map ]
Graphical representation of the relative strengths of major currencies. Data from 20 currency pairs is organized into color-coded results to produce a clear overview of the whole Forex market.
Technical Analysis: Trading Strategy
The Technical Aggressive Trader
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[ Visit Trading Strategy Reports ]
Trading strategies and suggested trades for the short and long term from more than 100 highly experienced contributors.
The Technical Trader
2. Conservative Trader: The trader who prefers the greatest likelihood of preserving the purchasing power of self capital with the least amount of risk.
… on FXstreet.com, we recommend him/her to use:
Currencies-at-a-glance (CAG)
Technical News
Technical Analysis Market View→
The Technical Trader
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Currencies-at-a-glance (CAG)
The Technical Conservative Trader
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[ Visit CAG ]
Plenty of trading resources and indicators analysis for 31 currency pairs.Includes Support and Resistance levels, Pivot Points, Camarilla levels, Moving Averages, Technical Oscillators and Candlestick Patterns updated every 15 minutes with the latest market data.
Technical News
The Technical Conservative Trader
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[ Visit Technical News ]
24/5 exclusive service that covers in real time the most relevant movements of the highest-traded pairs, including majors, small dollars and major crosses.
Technical Analysis: Market View
The Technical Conservative Trader
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[ Visit Market View Reports ]
Market perspectives reports: probable target zones for rallies, reversal points, etc
The Fundamental Trader
The one who thinks fundamental and macro-economical forces drive the market
2 sub-groups:
1. Aggressive Trader
... on Fxstreet.com, he/she will find itparticularly useful to go to:
Economic Calendar
NFP Webinar and other news trading webinars
Live Coverage Economical events
The Fundamental Trader
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Economic Calendar
The Fundamental Aggressive Trader
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[ Visit Economic Calendar ]
Hundreds of worldwide economic events scheduled and covered 24/5. Real time: automatically refreshed and accompanied by a sound alarm when new data is released. Includes a volatility meter and related resources: News, reports, graphs and webinars among a wide range of other tools.
NFP Webinar and other news trading webinars
The Fundamental Aggressive Trader
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NFP Webinar with Wayne McDonell: 3 hours of coaching before, during and after the data release.US GDP and the FED Interest Rate are also covered, by Jerry Furst.
Live Coverage Economical events – from homepage
The Fundamental Aggressive Trader
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Interactive chats you can read and participate with for free.
Weekly market opening (Sundays from 23,00 to 24,00 GMT) and coverage of economic events: Non-Farm Payrolls data, US GDP, FOMC meetings, ECB, BoE and BoJ interest rates meetings.
The Fundamental Trader
2. Conservative Trader
… on FXstreet.com, he will find useful information in the ...
Fundamental News
Fundamental Reports and Market View
The Fundamental Trader
Fundamental News
The Fundamental Aggressive Trader
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[ Visit News ]
24/5 exclusive service that offers a fundamental approach of the Forex market. Includes economic data releases and central banks.
Fundamental Section: Fundamental Reports and Market View
The Fundamental Aggressive Trader
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[ Visit Fundamental ]
Reports that cover macro data: preview of the data and probable market reaction, and the actual economic consequences after the release.
The Advanced Trader
The one who has several years in the FX marketOR the one who manages accounts for clientsOR the one who wants to fine tune his trading system
… on Fxstreet.com, we recommend him/her to use:
Premium Service and Webinars
Currencies-at-a-glance (CAG)
The Fundamental Trader
Premium Service
The Advanced Trader
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[ Visit Premium ]
Exclusive subscription service. Includes Dow Jones Streaming news 24/7, Live Market & FX Education Webinars, Charting Applications, as Visual Chart or Autochartist, and more contents!
Currencies-at-a-glance (CAG)
The Advanced Trader
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[ Visit CAG ]
CAG includes a number of different tools that include technical studies such us pivot points, divergences, candle patterns and many others along with analyst sentiment indexes regarding every and each particular pair. Includes a Correlation Chart (updated on a daily basis)
For all types of traders...
Rates and Charts
Forum
Metatrader
Newsletters
The Fundamental TraderAll Types of Traders
All Types of Traders
FX Live Rates
Live Charts Window
Rates and Charts [ Visit Rates & Charts ]
More than 1,000 exchange rates in real time. A wide variety of chart applications by different providers (ProRealTime, Netdania...) for a vast number of currency pairs with over 100 technical indicators. High-frequency updated data directly from big interbank liquidity providers.
Metatrader Section
All Types of Traders
[ Visit Metatrader ]
Reviews and resources for Metatrader and its applications, including experts' opinions and tips. The Performance EA's Table will be a useful tool for identifying how the applications work in real time.
Newsletters
All Types of Traders
[ View sample of the US Trading Newsletter ]
Three daily Trading newsletters (European, American and Asia Pacific sessions): review of the current FX Market situation covered on FXstreet.com in sections such as CAG, ASI, Technical Analysis, and Fundamental Analysis, as well as the most important economic indicators of the day.
About FXstreet.com
FXstreet.com was founded in January 2000. As its distinctive trademark, the website has always been
proud of its unyielding commitment to provide objective and unbiased information and to enable its users
to take better and more confident decisions. On the website, the real-time quotes, news, newsletters and
interactive chats with experts from all over the world are among the most well-received contents.
FXstreet.com has managed to gain the collaboration of the entire Forex industry, from individual
professionals and small companies right up to Forex Brokers and Investment Banks.
The website exists in English (www.fxstreet.com), Spanish (www.fxstreet.es), Chinese
(http://china.fxstreet.com/), Japanese (www.fxstreet.jp), Russian (www.fxstreet.net) and French
(www.fxstreet.fr)
In 2009, these FXstreet.com sites reached 73.447.960 pageviews. The English website garnered the most
important part of the traffic with 62.543.182 pageviews and 5.124.912 absolute unique visitors.
[ Go to FXstreet.com website ]