Hello Anna, I am new to currency trading and have not yet invested any money as I’m still studying the business. Can you tell me where some good places are to get the news for fundamental analysis. Basically where is everyone else looking. I would like to study the effects of different news reports. Also, do you know of any free charts without having to open a demo account (would like to study cause and effect first). I found one at XE.com but the timescales are limited. Finally, what method of trading would you recommend for a novice. Short, medium. I originally saw myself trading shorterm, however there seem to be bigger profits ( and losses, I know) and less transactions with medium term. I would greatly appreciate any input you could offer as I am eager to learn and start demo trading. Thank you Jeff
FTSE 100 latest news
- Talk of a £1.2bn payout warms up Centrica February 3, 2012As an Arctic chill gripped the country, British Gas-owner Centrica warmed up nicely amid suggestions that it could pay a £1.2bn special dividend. […]
My latest forex forecasts and analysis
- GBPJPY – Moving Lower January 30, 2012Last Thursday’s short call on the 240 min gbpjpy chart duly in the overnight Asian session, since when the pair has continued to move lower. The chart shows a healthy red trend, with a red heatmap, red volume with my double timeframe also red I am not expecting a reversal higher any timeRead More... […]Anna
My trading and investing sites
- Best mutual funds
- Binary betting
- Cot report analysis
- Cover
- Currency futures trading
- Currency options
- Daily oil prices analysis
- Dow jones futures
- Euro to dollar news
- Euro vs Dollar
- Euros to pounds
- Financial spread betting
- Fixed odds trading explained
- Fixed odds trading tips
- Forex trading
- Forex trading forecasts
- FTSE bettiing
- Futures trading explained
- Japanese candlesticks explained
- Learn currency trading
- Learn how to start trading and investing
- Option straddles
- Option trading explained
- Pounds to Dollars
- Spot gold price analysis
- Spot silver
- Stock market games
- Trading and investing news and analysis
- Trading oil
- Trading plans explained
- USD to CAD currency news and anlaysis
- Yen to dollar
Recent Ask Anna questions
- demosco on Ask Anna Your Trading Questions
- gohck on Volume Spread Analysis
- I Harvey on Ask Anna Your Trading Questions
- Paul C on About Me
- Ivan on About Me
- Alex on Ask Anna Your Trading Questions
- Edward D.Sykes on Ask Anna Your Trading Questions
- Walter Owens on Ask Anna Your Trading Questions
- Sarah on Ask Anna Your Trading Questions
- isabelle fournier on Ask Anna Your Trading Questions
FREE 55 Page Report
In this easy reading guide, I reveal the tips, techniques and lessons that I have learnt which have helped me to become a successful forex trader. Grab your FREE copy by simply completing the details below, and discover how you can follow in my footsteps, as I guide you along the path to success.
Trading online help – pages
- About Me
- Anna’s Free Market Analysis
- Ask Anna Your Trading Questions
- Privacy Policy
- Best Trading Books – The Best Place To Learn!
- National Holiday Calendar
- Latest Currency News On TV
- Live News
- Live Currency Charts
- Trade Forex Using ODL Metatrader 4
- Live Economic Calendar
- Live Index Charts
- Live Commodity Charts
- Live Stock Charts
(c) Financial Times Limited – 2010
- Stocks surge on strong US jobs data February 3, 2012Equities and commodities benefit from robust US employment data with the FTSE All-World index at its best levels since start of August […]
- Dollar rises as jobs boost dents QE3 speculation February 3, 2012The dollar strengthens after US data show a larger than expected rise in employment with investors taking this as a positive signal on the economy […]
- Riot halts Egypt bourse rally February 3, 2012Stock exchange index drops 2.2 per cent following deadly riots, following 28 per cent rise on January. […]
- Aussie dollar hits five-month high February 2, 2012Currency bounces after data shows Australia’s trade surplus rises to a record high in 2011 while Swiss franc loses some of its recent strength […]
- ‘Too early’ to spot gaps in global regulation February 2, 2012Increasing concern differences in the way G20 reforms on derivatives are being fleshed out by region could lead to ‘regulatory arbitrage’ […]
- SNB head warns of political fallout after crisis February 2, 2012Thomas Jordan, acting chairman, says bank has come under domestic political pressure over the potential cost of further interventions […]
- Jordan vow to continue SNB intervention February 2, 2012Thomas Jordan, acting head of Swiss National Bank and thrust into the limelight after his boss’s swift departure, promises to continue radical policies […]
- China’s capital flight looks ready for take-off February 2, 2012As sentiment toward the renminbi sours and the political outlook is more uncertain, Henny Sender predicts more money will leave the mainland […]
- Traders on alert for Swiss intervention February 2, 2012Franc reaches its strongest level against the euro in almost five months, putting it near the level at which the SNB has previously taken action […]
- Production data boost stocks February 1, 2012Risk assets are firmer on better than expected manufacturing data from China, Germany, the UK and US, but concerns about America resurface […]
(c) Financial Times Limited – 2010
- Call for Bumi vote on Rothschild criticised February 5, 2012Person close to the group says investors have long been critical of Mr Hudaya but that the idea of ousting Mr Rothschild is more contentious […]
- Iran softens line on cutting oil to Europe February 5, 2012Iran has indicated that its threat to cut oil supplies to European states in order to pre-empt an EU oil embargo may be only a symbolic one […]
- Brent pulls further ahead of West Texas crude February 3, 2012Commodities enjoy strong start with the price of Brent crude supported by geopolitical concerns and the demise of Petroplus […]
- BP safety committee chief to leave board February 3, 2012The impending departure of Sir William Castell is the latest shake-up at the top of the oil group since the Gulf of Mexico disaster […]
- Dinner that put Glencore-Xstrata on the menu February 3, 2012A series of issues had held up a merger, key among them the governance structure of a combined group […]
- Gazprom cuts gas supplies amid cold snap February 3, 2012Russian company in dispute with European Union as it says countries demand more than it is contractually obliged to deliver […]
- Winter freeze fuels fear of wheat price jump February 3, 2012The freeze in eastern Europe leads to cuts in forecasts but prices soften after Russia says there is no need for export restrictions in April […]
- Investors beware gold’s deceptive beauty February 3, 2012Demand for gold has jumped this year, but its stint as a hybrid between a haven and a risk asset could be coming to an end, says Gregory Meyer […]
- Glencore and Xstrata turn to City dealmaker February 3, 2012Michael Klein, the former Citigroup head of investment banking, helped mediate talks over the proposed merger […]
- Xstrata deal reveals perfect price on Glencore IPO February 3, 2012The proposed $88bn merger endorses Glencore’s much-criticised $10bn, 530p a share flotation, showing that the IPO price was right […]
(c) Financial Times Limited – 2010
- North Asia to lead wave of M&A activity February 5, 2012Japanese and South Korean companies are expected to lead a wave of acquisition activity out of the region this year […]
- Positive employment data lift US stocks February 3, 2012US stocks hit six-month high on news that unemployment fell to a three-year low in January with banks among the main beneficiaries […]
- Stocks surge on strong US jobs data February 3, 2012Equities and commodities benefit from robust US employment data with the FTSE All-World index at its best levels since start of August […]
- Volatile banks push Europe higher February 3, 2012Rapid gains for Société Générale and Crédit Agricole helped the FTSE Eurofirst rise for the fourth consecutive session on Friday […]
- Chartists have a cross to bear February 3, 2012Analysts’ favourite is little help in spotting trends, says David Schwartz […]
- Insurers head gains with FTSE eyeing 6,000 level February 3, 2012London makes broad-based gains with only six FTSE 100 stocks falling as US jobs data and purchasing managers’ surveys lift sentiment […]
- Look before you leap, Mr Zuckerberg February 3, 2012In an open letter to Facebook founder Mark Zuckerberg, Joe Saluzzi of Themis Trading suggests the stock may become a chip in a giant casino […]
- Growing pains for industry in a hurry February 3, 2012A raft of challenges made 2011 the toughest year yet for providers […]
- Asian stocks drift lower on weak earnings February 3, 2012Asian stocks dip ahead of US jobs data later in the day, while downbeat corporate earnings continue to sway investor sentiment […]
- Caesars plans IPO to allow investors to sell February 2, 2012Casino operator makes fresh attempt to list publicly and aims to raise only $18m but move will allow unnamed co-investors the opportunity to exit their investment […]
Hi Jeff
Thank you for your email and delighted to see you are taking things slowly. One of the best all round sites is http://www.oanda.com – its under the fxgame and never times out. Unfortunately, charting on oanda is not fantastic. However, their forum is quite good. If you do post perhaps you would be kind enough to mention my site or blog.
I would also suggest you try demo accounts with some of the other brokers – there is a good list on fxstreet – just to check out the different trading platforms. Please be aware of the difference between fcn and ecn type brokers and choose the one to suit your trading style. With regard to your trading style, not only will this be determined by your own personality and temperament, but also where you happen to live in the world. Being the UK I am fortunate as I can take advantage of the forex market at its busiest times – ie London and New York opening as well as the tail end of Asia. You may not be so fortunate. Although the forex market is sold on the idea of non stop 24 hour trading this is not the reality.
As a newbie I would not recommend scalping but with a longer time frame with limit orders – longer could be hours or days. Entry, exit and stop should be calculated using support and resistance (don’t use round numbers). Be aware of economic announcements and how they may affect the price.
I hope the above helps and good luck with your trading.
Kind regards.
Anna
Hi Anna, I have been reading through your articles and have been trying to get info on pairs trading and also training. (I have tried Forex, but it is too much volatile to my likening and also, every scammer and his mother seems to be there.) What I also need to know, what brokers handle this type of trading and what platform does one use. Also, what is the minimum amount of deposit one needs?
Thank you
Pieter