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.

Good Forex Learning Book for Beginners

A new Forex e-book is now available for my site. It is Study Book for Successful Foreign Exchange Dealing — a great introductory e-book for the beginning Forex traders. It's not just some general article about foreign exchange market that can be met in thousands over the Internet. This e-book covers fundamental analysis and indicators in details, some basic candlestick patterns are also described and shown in examples. Reading it is very easy and would be extremely useful for someone who would like to deepen one's knowledge in Forex trading.

3 New Forex Articles

Three new articles covering two different Forex trading aspects have been added to the Forex article section today. These aspects are getting Forex education and Forex technical analysis. All three articles are written by the same author - Sacha Tarkovsky and are very professional pieces of Forex information:
FOREX Education - Thinking Of Buying FOREX Advice? Read This First - about how to stop yourself from buying something that will not help you become a good Forex trader at all and how to avoid losing precious time and money on wrong education courses.
Gann Angles - A Unique Powerful Tool For Trading Profits - Gann Angles as one of the prominent technical analysis system and its application in the Forex trading.
Fibonacci Numbers - Trade For Huge Profits With This Unique Tool! - Fibonacci numbers and Fibonacci retracement levels should be well known to all technical Forex traders - they are great tool to determine the important market levels in Forex.