There are mate.... There are some great people in this forum who i recommend viewing their posts and particularity, their threads.
Side note: Im not affiliated with any of these members, but have learnt a great deal from following them AND IMPORTANTLY doing my own research.
(Just off the top of my head and in no particular order and certainly not an exhaustive list)
Razorjack - Definitely check out this guys thread
skfx
numbnuts
triphop
Gaston
GEfx
Jhig
Commercially have a look at Jarratt Davis. Love him or not, he has alot of good free stuff that will help you regarding Central banks, economic indicators and how to put this information to good use.
Some websites i use (hope there isn't a problem listing these - if there is i apologize in advance):
Central bank info: (Bigger picture)
http://www.centralbanknews.info/
http://www.centralbanknews.info/p/link-list.html
http://news.forexlive.com/CentralBanks/
Previous session wraps: (Aligning yourself with fairly current sentiment)
http://www.forexlive.com/SessionWraps
http://www.forexlive.com/
Current Sentiment and news updates (well its 5 min delayed but its FREE !!!!!)
http://zerohedge.talking-forex.com/live.html
Economic Calendar:
http://www.forexfactory.com/calendar.php#closed
Previous data on economic indicators (plus more)
http://www.tradingeconomics.com/
This also is not an exhaustive list, there are many other websites but i don't want to bog you down too much.
I won't go into too much detail as i don't have the time and honestly, the rabbit hole goes as deep as you want it to (more analysis with interrelationships of other markets:- bonds/notes/Bund/Commodities/World Stocks etc).
It is easy to overdo your analysis and suffer from the good old Analysis Paralysis. Dont need to over complicated it.
Central Banks will help align you to the bigger picture. Key economic indicators can gauge the health of an economy. The economic calendar, session wraps and news will help with market sentiment. Remember what the market truly is..... its people making individual decisions based on their analysis, their trading plan, their individual goals etc.
A good book i highly recommend is 'Trading in the zone' by Mark Douglas. It will help you understand the last point and how 'predicting' where the market will go is not the be all end all. You can't control it and honestly, you don't have a clue. All you can do is stack the odds in your favor and pick decent points to enter/exit (this is where you use your charts). That is your edge mate, slightly stacking the odds in your favor and knowing the market will do what the hell it wants to do whether it makes sense to you at the time or not.
You really are kidding yourself if you don't include the fundies/sentiment as a gauge on market conditions. Regardless on what you read here on the forum, Central banks and Hedge funds dont just look at charts to determine what to do. Institutions may use charts for entries and possible exits AFTER economic analysis has been complete.
Best of luck buddy.
Side note: Im not affiliated with any of these members, but have learnt a great deal from following them AND IMPORTANTLY doing my own research.
(Just off the top of my head and in no particular order and certainly not an exhaustive list)
Razorjack - Definitely check out this guys thread
skfx
numbnuts
triphop
Gaston
GEfx
Jhig
Commercially have a look at Jarratt Davis. Love him or not, he has alot of good free stuff that will help you regarding Central banks, economic indicators and how to put this information to good use.
Some websites i use (hope there isn't a problem listing these - if there is i apologize in advance):
Central bank info: (Bigger picture)
http://www.centralbanknews.info/
http://www.centralbanknews.info/p/link-list.html
http://news.forexlive.com/CentralBanks/
Previous session wraps: (Aligning yourself with fairly current sentiment)
http://www.forexlive.com/SessionWraps
http://www.forexlive.com/
Current Sentiment and news updates (well its 5 min delayed but its FREE !!!!!)
http://zerohedge.talking-forex.com/live.html
Economic Calendar:
http://www.forexfactory.com/calendar.php#closed
Previous data on economic indicators (plus more)
http://www.tradingeconomics.com/
This also is not an exhaustive list, there are many other websites but i don't want to bog you down too much.
I won't go into too much detail as i don't have the time and honestly, the rabbit hole goes as deep as you want it to (more analysis with interrelationships of other markets:- bonds/notes/Bund/Commodities/World Stocks etc).
It is easy to overdo your analysis and suffer from the good old Analysis Paralysis. Dont need to over complicated it.
Central Banks will help align you to the bigger picture. Key economic indicators can gauge the health of an economy. The economic calendar, session wraps and news will help with market sentiment. Remember what the market truly is..... its people making individual decisions based on their analysis, their trading plan, their individual goals etc.
A good book i highly recommend is 'Trading in the zone' by Mark Douglas. It will help you understand the last point and how 'predicting' where the market will go is not the be all end all. You can't control it and honestly, you don't have a clue. All you can do is stack the odds in your favor and pick decent points to enter/exit (this is where you use your charts). That is your edge mate, slightly stacking the odds in your favor and knowing the market will do what the hell it wants to do whether it makes sense to you at the time or not.
You really are kidding yourself if you don't include the fundies/sentiment as a gauge on market conditions. Regardless on what you read here on the forum, Central banks and Hedge funds dont just look at charts to determine what to do. Institutions may use charts for entries and possible exits AFTER economic analysis has been complete.
Best of luck buddy.
Luck is where preparation meets opportunity.......
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