I would never bash against the internet despite all the criminal activities that it facilitates, but what I’m really frustrated about is the abundance of nonsensical blogs created by incompetent writers. On a blog about cooking, or movie reviews, the worst that could happen is maybe you overcook an egg or rent a crappy movie, but the same incompetence on a Forex blog can have serious implications – causing the readers/visitors to lose their money.
That really frustrates me because it tarnishes the writing profession as it casts doubt on anyone who tries to impact relevant knowledge about the Forex market. Therefore, in the spirit of good guidance and out of frustration, I would just like to extend my thanks to the following 10 Forex blogs that I have found very useful to me personally and hope that you will appreciate the writers’ hard and diligent work as well:
I have been an avid reader of this blog, which includes posts from different writers from all over the world, myself included. Maybe it’s just me, but I really appreciate varying ideas from different people around the world. The truth is, despite looking at the same real-time Forex charts and Forex calendar, we don’t interpret the information similarly. One guy in the US may believe that the Sterling Pound is only going to get stronger with the Brexit and another in Japan will swear the Pound will fall through the floor. This back and forth is the most important asset in any finance blog, and I have found the banter on this blog to be very helpful.
Put the allure of a prize and it only fuels creativity – capitalism at work. Dukascopy is primarily one of the Forex trading companies, but, I suppose to attract clients, they created contests with the winners earning real money, but only if you use their Forex trading platforms. Somewhere along the way, they also introduced article contests which I have been monitoring closely and I can say that the writers are great. It may be due to the promise of a cash reward, but regardless, the blog is extremely informative and worth checking out.
For the fundamental analysts out there, this is definitely one of the blogs you need to bookmark. Created by Larry Greenberg who is a regular contributor to Forex webinars and tutorials, he covers the major news events on the economic calendar Forex to provide some insight on how the announcements will affect the markets. In addition to these major releases, a daily updates section will cater to the technical analysts by addressing key pivot points to watch out for every day.
Instead of focusing on only one aspect of Forex trading, this website provides a one-stop blog providing predictions based on technical and fundamental analysis as well as teaching the Forex basics to the beginners.
I believe any decent Forex trader has visited the BabyPips website at some point, and it is from where I learned most of what I know about Forex basics. The website focuses primarily on teaching traders about concepts of Forex trading from the basic to the advanced, but it also has a blogs section where any member can create a post and receive feedback. The laid-back approach of the entire website makes for a very interesting read anyone can enjoy, unless you’re too stuck up to take a joke.
Marc to market
Marc Chandler is the creator and main contributor to this website with blogs on forecasts and reviews of the week. Although the blog does not allow for contradictions, since there’s no comments section, you can put your trust in an experienced trader like Marc and his predictions are often correct.
If you still don’t recognize the name, then I suggest you google is right now. Kathy Lien is a published author who has written several books on Forex trading which were well accepted by the Forex community. She now runs her own Forex trading company, BK Asset Management, and as such there aren’t as many blogs on the website. Still, you will find videos of her on the website on various TV stations where she is often called to give her take on the Forex market such as CNBC, and the information is usually accurate.
The eponymous website was created by the famous Forex trader Jarratt Davis who was ranked as the second-best Forex trader worldwide by Barclays Hedge – I don’t know who the best one was. The blogs section of the website provides information on some of the most pertinent questions every trader is curious about such as the impact of the Brexit or US elections on the Forex markets for the year 2017 and other such questions. However, the website seems to be geared toward recruiting traders to sign up at a cost for training purposes.
I’m not saying that this blog is targeted for newbies and amateurs, but even the greenest of traders can make use of the information provided here. The creator of the blog, self-titled, has been a Forex trader for over 11 years over which time he trained himself and rose to become a recognized Forex trader. The site has regular blog posts providing predictions on market movements with images and clear entry and exit points to watch out for – as I said, very detailed. There is also a VIP section where you will receive custom technical indicators and trading signals to help ease your trading.
This is another all-rounded website with blogs catering to most questions a Forex trader may be curious about. Some of the best features include Forex broker comparison and tips on how to choose a Forex broker? In addition, you get regular daily updates on recommended positions to take backed up by good reasons. I personally tried the blogs’ suggestions and I have to say it’s not bad, definitely a great resource for any trader.
Now, to toot our own horn
It wouldn’t be fair to myself and other members of our team to heap praises on other blogs without appreciating our own efforts. For years, we have had a tremendous team of analysts and writers working together to provide accurate and actionable information to all our readers. It goes without saying that the only reason we still do it is because of the positive feedback we have received from our readers who have enjoyed success in the Forex market thanks to our efforts. Cheers to us!