If you are an investor or a Trader in Forex or Binary Options, or you're thinking to be, they'll come in handy the next 6 tools online that we found that are interesting for you online trading. Some are well known, others less so.
In order to profit consistently in the market, traders must learn to adapt to the changing conditions of this. One of the most important practices to be applied every trader is to be aware of the general environment in which it is operating. It is essential that the trader develop a checklist that allows classify the current conditions on the market, ie if you move according to an uptrend or downtrend or is linked to a specific price range. Define various parameters of operation is one of the most important aspects in trading, regardless of the market in which we operate. Many traders end up losing their money simply because they try to guess the maximum or minimum point of a trend only to end up trapped when the market continues its movement exceeds the maximum or minimum course, and compare online brokers.
While the definition of the parameters of an operation is crucial for all traders regardless of the financial market that regularly operate (stocks, currencies, futures, etc.), it is particularly important in the Forex market because more than 80 % of the transaction volume is speculative, so it is not unusual behaviors occur in unexpected appearance. This means that the price of the currency may remain for a lot of time in a given market environment and the best transactions that are consistent with that environment. Also, take into consideration that the Forex market usually responds very well to technical analysis because of its huge size and daily trading volume; so check that forex tools before to do any operation online in forex to know best posible the market.
- Datosmacro: You'll find a large number and variety of data worldwide. Unemployment rate, GDP, global peace index, competitiveness, tax, human development index, etc. The amount of economic data that owns this place is great, besides being actualizados. datosmacro
- Historical data: Look and find a lot of historical data ranging from business cycle to migration and crime. ttp://turtletrader.com
- Graphics: In http://futures.tradingcharts.com/'ll find a good variety of graphics on the price of different products (food, precious metals, fuels, etc.). The peculiar thing about this site is that you can also see in the graphs predicting the value of a given product in the next 30 years.
- Calculator risk and benefit: It is essential to know how much you can lose and how much you can earn in one operation, before opening it, and for this you can use the following calculator that provides the Broker Hotforex.
- Calculator pips value: The Hotforex broker offers this value calculator pips simple and easy to use http://goo.gl/yyMGcW
- Economic Calendar: If you enter http://es.investing.com/economic-calendar/ will access to an economic calendar in your language, with which you will be updated on any developments that may influence financial markets, you can see our economi calendar also that is and embebed tool from that site