How do you keep up to date with trading news/ events/ opinions?

Hi guys, I'm a beginner at Forex and I'm looking for a way to stay updated with analysis and opinions on the financial markets. Have you heard of this app tradebird Do you know what is it and is it useful? Thanks

Forget about news. It's in the price long before it's news.

I don't use any apps, I just google forex calendars and I check them every day before I start trading.

Lots of websites on news,the list is endless,you can watch Bloomberg just to get used to the lingo and a quick overview,as you become more experienced you will learn to pick out the important stuff worth investigating.I also look at MorningBrew,yahoo finance,marketwatch etc.One thing though by the time you get news the moves have already played out or began.

snapdragon1970 posted:
Lots of websites on news,the list is endless,you can watch Bloomberg just to get used to the lingo and a quick overview,as you become more experienced you will learn to pick out the important stuff worth investigating.I also look at MorningBrew,yahoo finance,marketwatch etc.One thing though by the time you get news the moves have already played out or began.

That is why it's better to check the forex callendar at the beginning of the week and preferably at the beginning of every day. Some events, at least, are scheduled, so you can wait for them to happen, rather than react after the fact.

Forums are good source of information but social networking sites can solve your queries very quickly and you can many information in real time.

vic84 posted:
Forums are good source of information but social networking sites can solve your queries very quickly and you can many information in real time.

True, twitter spreads information very quickly, and that includes Forex information.

Watching economic calendar, comparing it to old ones, sharing vision of economic situation with more experienced traders, and applying it with strategy

If your interested in news a company called IIFT has a daily note,its written by Peter Brown ex Barclays dealer,worth checking out.

theHand posted:
Forget about news. It's in the price long before it's news.

well said, I fully support it

I'm sure you've heard the quote 'Sell the news buy the rumour'.

idimitrov posted:

theHand posted:
Forget about news. It's in the price long before it's news.

well said, I fully support it

Thats nonsense. The big news like FOMC or Dgraghi moves market a lot at the time news are announced.

I think it's undeniable that high impact news like what you mentioned have a big effect on the market at the time they are released. I do think, however, that effect is for the most part temporary and once it passes the market continues moving the way it usually does and can be understood through technical analysis.

dianajs posted:
I think it's undeniable that high impact news like what you mentioned have a big effect on the market at the time they are released. I do think, however, that effect is for the most part temporary and once it passes the market continues moving the way it usually does and can be understood through technical analysis.

Yeah that sounds about right

togr posted:

idimitrov posted:

theHand posted:
Forget about news. It's in the price long before it's news.

well said, I fully support it

Thats nonsense. The big news like FOMC or Dgraghi moves market a lot at the time news are announced.

You never seen a move long before any announcement?Its already baked in to the price sometimes,so you can't say its nonsense,if the market agrees with Draghi it moves more in the same direction,if not you might get a a short bounce,because the market guessed wrong.Traders covering their loses.Sentiment will play out then eventually technical comes back into play,Trading basics 101.

Vantage FX give you free access to profesional News Terminal. You will get instant news releases and news updates. If this terminal is not enough then I guess you will have to fork out monthly $1500 for Bloomberg terminal.

theHand posted:
Forget about news. It's in the price long before it's news.

So do you want to say that there are some traders around that have a cristal ball and know the news earlier than us? 😀

Do you think that people in this game are straight and honest,lol.There is a list of cases where journalists have leaked news to traders before the news has got to 'us',the Fed was under investigation for news being leaked in April 2013 ,Medley Global you can search it.It's pretty long though.😉

I am pretty sure there are plenty of people out there who know these news before they are announced and they leak them to others who have an interest to start trading as early as possible.