Trading Instruments Taught
About the company
DailyFX is one of the world’s leading Free Forex news websites with many features, interesting articles and education resources. They have expert analysts on board that provide daily analysis on economical, technical, political & fundamental factors which drive and impact currencies. DailyFX specialises only on Forex which is the largest traded market in the world.
A fantastic starting place for a complete beginner who has no knowledge of the Forex market but has desire to learn. Their content is very clear and concise which is categorised in four tiers of progression; Beginner, Intermediate, Advanced & Expert. For an enhanced learning experience all text content are explained using charts, diagrams & illustrations. Fundamental and Technical aspects to trading are both covered consisting of popular topics such as use of Trend lines, Fibonacci Retracement, Candlesticks analysis, Moving averages/Indicators, Market news announcements etc.
Once you obtain enough knowledge for each section there are interesting articles relating to other aspects of trading e.g. psychology and Pitfalls/mistakes to avoid in trading. DailyFx is considered as one of the best websites for day to day news with experienced analysts giving their thoughts the impact of Fundamental/political news impacting currencies. For those looking to have an additional bias to their trading can look to their weekly and monthly view of certain currency pairs. Information presented is well organised and we recommend a good starting point for any ambitious trader who has the thirst to learn.