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it hard for newbie traders to do fundamental analysis. So I suggest to use technical analysis because its comparatively easier. Try to also keep a journal of your trades as well.
just search for babypips on google ,you will find a lot of usefull information and a lot of tops to learn.
google steps to becoming a master trader, their sad but true. you have to pay your "tuition" first, and even then lessons are hard learned
Well for me it is the fundanental that i prefer but I use the technical to close my positions. I am a new-intermediate so do not take my advice for an expert one.
Before you decide to study " fundamentals " and " technicals " you'll need to know exactly how and why the foreign exchange market even exists. Study economics first. Then you will have a great idea and massive advantage over all of these noobs and so called " gurus " of the internet.
In my opionion, I like to search and look around from the site Http://www.forexfactory.com. There are lot of content and trading strategies from basic to advance.
Most newbies make this mistake. Which strategy I should use? Remember one thing forex trading requires specific knowledge and skills. First you have to spend time to learn the art of trading. After that you have to understand your psychology. What you are good at? A lot of things to consider. You can't expect to make money just by entering into the market. Study the market. I am trading with FXPM where I use their advanced educational resources to enhance my knowledge and skills.
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