A Breakdown of the Best Tools for Trading Analysis

The world of trading has changed dramatically over the past few decades, and with the ability to trade online, many Forex trading tools have been developed to help traders analyse the markets.  Many brokers offer these tools free of charge or they are integrated into the brokers’ trading platforms. In this episode, Alison and Chris discuss four different types of trading tools:

• Tools for finding trading opportunities
• Tools for taking the market's pulse, or for keeping track of market sentiment
• Tools to calculate your profit and loss
• Trading strategy tools

For more information, check out the following pages:

https://fxscouts.com/forex-tools/
https://fxscouts.com/economic-calendar/
https://fxscouts.com/forex-education/technical-analysis-vs-fundamental-analysis/

 

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.