Forex market is the world's most active and changeable financial platform and if you want to achieve success in this industry, you should always keep an ear to the ground and to be aware of current events. Some participants get from Forex quite good dividends, but others just complete disappointment and waste funds. Most of the beginning speculators dream to make “big money” fast. They don't realize how much time, efforts and financial resources should be spent to achieve set goals.
Live broadcast from the world financial markets by GuruTrade
Forex market is affected by the vast amount of information and statistical factors. The same indicators influence parameters of the current trading conditions provided by brokers. Our users can be aware of all changes thanks to “Monitoring” section. Here you will find all brokers' specifications from our Catalog: spread, quotes and swap - 3 major indicators directly influencing the profitability of Forex trading. In tables is presented the statistics on various brokers which allow users to keep track of the most significant changes online. Just in a couple of seconds, you can define the broker with the most profitable indicators, and, the most important thing that you will be able to discover this information the very first. You can also choose the currency pair and the broker and to analyze the chart of quotes which will help you to quickly orient in the current market situation.
Keep the track of events with GuruTrade
More detailed information about price fluctuations of currency pairs can be found in the section “Charts”. Information is provided in real time and contains the most popular and reliable technical analysis tools. On the GuruTrade charts you can apply the main methods of the technical analysis, and together with constantly updated data on the spread, quotes and swaps you will be able easily to determine the most effective plan of the further actions.
An integral part of the market analysis and forecasting is the Economic calendar which allows traders to keep the track of world economy significant events. The calendar schedule allows to learn the exact date and time of macroeconomic statistics or the report release, giving traders the chance to react preventive to possible consequences and to meet them “fully armed”. Using the Economic calendar as an element of the fundamental analysis, you will be able to mark out the most important events of current day or week and according to them and market situation to adapt your trading strategy.