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Monday, November 26, 2007

Free Forex Webinar

Today I've "attended" a Forex trading webinar by http://www.fxinstructor.com. FXOpen informed me via the MetaTrader 4 mail message that FX Instructor will be holding a free technical analysis on-line lessons on November 26th. The webinar lasted through Asian, European and New York sessions with two hour and a half breaks. The communication via hotCam software went smooth and interactive. There was a chat window, where everyone could say or ask everything they wanted; there was a charting window, where instructor showed the chart and indicators, and the instructor spoke via microphone - the audio was of a good quality, but compact enough to transfer via the web rapidly.

To the contents part, it was informative. That was a large chunk of various information. Two analysts from FX Instructor shared their vision of the majority of popular Forex currencies using a technical analysis. All participants could ask their questions and share comments. All questions were answered thoroughly by the leading analysts. So, to outline the advantages of this webinar:
  • A lot of information
  • Professional; instructors know what they say
  • Convenient form
  • Multiple timeframes, currency pairs, trading timezones and technical indicators are covered
  • Interaction between students and instructors
Of course, it had some minor disadvantages:
  • I had to reconnect manually after losing my connection 2 times
  • Instructors speak fast, so a good command of English is a must
That's it, not many disadvantages I could think about. Overall, I think this service is worth its monthly fee, so, maybe I will subscribe soon. I recommend you to look into it as they often hold free lessons, which are just fun and interesting to look and listen to.

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