The key to success in the Forex market is a carefully thought-out trading strategy based on the current market situation analysis and the forthcoming events capable of affecting further market behavior. Daily participants of the market are affected by the huge range of information caused by proportions of the world financial market and the amounts of the means involved in its work. In the light of it the important role in exchange market forecasting is played by regularly published Analytics of brokers. In it last events are summarized and the most probable scenarios of the future market movements that help traders to cope with a never-ending data flow are published to focus the attention on the most key factors of the present situation. Using analytical forecasts in the trading activity and following recommendations, obtained from Analytics of brokers, taking the trading decisions considerably increase the chances of positive result achievement.
Economic news represents one more valuable tool of information receipt for planning the further actions. Tracking of a global economic situation on the world scene is an integral part of the fundamental analysis - an analytics cornerstone on which thousands of trading strategies are constructed. Depending on the financial instrument used in work it is important to pay attention to economic events in the country, which economy situation has the dominating impact on the chosen asset behavior. Thus, it is always necessary to conduct monitoring of any events occurring in the world scene, which origin and development can render strong and sometimes low-predictable influence on every financial instrument. For this reason, it is so important to watch news of the global economy and to get access to up-to-date information the very first.
Competent use of Brokers analytics and Economic news in forecasts, creating offers possibility to get the trading experience and timely adapt the existing trading strategy in accordance with the changeable nature of the market. After all, knowing the opinion of financial market professionals, it is possible to correct the forecast and to constitute the confident plan of the forthcoming actions. To compare the forecast to the point of view of other traders, to introduce changes in the strategy or to convince in your own actions will help the Users' ideas service. The opportunities pledged in it will allow to analyze pros and cons of strategy and forecasts of other traders. It will bring you not only new knowledge, but also will help you to increase the efficiency of your own trading system and the profit amount.
GuruTrade presents the most actual and detailed Brokers analytics. You will find all necessary information which is divided into categories for users' convenience: the technical analysis, the fundamental analysis, reviews of the metals market, oil market research, determination of potential trend etc. All Forex analytics are provided by professional traders that guarantee it a high degree of justification and reliability. Following recommendations of acknowledged industry authorities and using them in the trade, it is possible to considerably increase the efficiency and profitability of transactions.
GuruTrade offers to the traders possibility to use the most valuable tool for the financial market analysis - the section of Economic news. In it you are able to receive the most up-to-date information about the events from all over the world having a considerable impact on the financial market. Taking this data into account in forecasts will increase their accuracy and will promote stable profit from your trading.
GuruTrade section “Users' ideas” will allow traders to obtain the opinions and forecasts of other participants of the financial market, and also to submit to community approval his own point of view about the behavior of the given financial instrument. Ideas of users are part of the most modern method of Forex trading - the “Social trading”. The GuruTrade portal offers to all users a unique opportunity to exchange opinions, to communicate and find new profitable solutions for their trading strategy.