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Free Resources for FX Traders

[vc_row][vc_column][vc_column_text]List of free forex-specific resources, all a click away. If you have anything you feel should be added, please send it to me, and thank you to all who have contributed thus far.

Click each section to expand. Enjoy.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][dt_gap height=”20″][dt_divider style=”thin”][dt_gap height=”20″][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_accordion][vc_accordion_tab title=”Audio and Video Market Data”][vc_column_text]Talking Forex (Ransquawk) Live Audio Market Commentary via ZeroHedge

Live market commentary (Reuters feed, market rumors, etc.) squawked live with a 5 minute delay. Real time is only GBP20.00/month. Announcer squawks live news aggregated from professional sources through all trading sessions. It’s a great service and well worth making a part of your daily routine. These guys are good and offer a quality product.

NewsStrike

Free audio alerts in real time, but only for the US trading session (7am to 5pm EST). Service is 100% free. I haven’t tried it out yet, it was just sent to me so I sent them an email to sign up.

Bloomberg Live

Live BBG TV.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Economic and Credit Charts and Data”][vc_column_text]Trading Economics

Tons of world data available taken from many sources

FRED (St. Louis Fed)

Anything you need on the US get here. World data is also available.

Thumbcharts

Mainly the US economy.

S&P Sovereign Ratings

Self explanitory.

Moody’s Sovereign Ratings 

(need to register but free)

Fitch Sovereign Ratings

(need to register but free)

Wall Street Journal Economic Chartbook

US economy.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”FX Volume and Market Depth”][vc_column_text]New York Fed FX Volume Survey

Updated monthly.

Futures – CME Group Volumes and Data

(need to register)

Futures – CME FX Quarterly Review

Aggregate contract and notional volumes.

Oanda's Order Book

Live volumes of client positions. Trade into the aggregate pending flows. They're basically the same on any institutional ECN. Poor minds think alike.

Oanda's Historical Position Ratios

The above, but historically speaking.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Market Data and News”][vc_column_text]IFR Markets (read)

Highlights include order flows touted on currency pairs, briefings, outlining daily notes, key levels, etc, Forex OTC option data, volatility data including risk reversals, etc, and technical studies. You can get an abbreviated version free with an Oanda Demo or Live account here http://www.oanda.com/. Go to the Oanda platform and click go to Resources>FXNews. Everything is there.

Bloomberg Currency and World Market News

UBS Currency Strategy and Research

Free with an Oanda account.

Reuters Currencies (News + Pricing)

RTT Currency News

Wall Street Journal Currencies

Financial Times Currency News

[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Online Charts, Option Data and Performance”][vc_column_text]TradingView

Some of the best and easiest to use free online charts available, and they are also good friends of ours. Equities and full Forex available at the time of this writing. Since their launch, NoBrainerTrades.com has been using their charts as its primary means for explanation in its posts.

Forex Automaton

Excellent resource for arb strategies, using a favored variant for calculating correlation coefficients.

ForexTicket

Various tools including correlations, volatility and distribution.

TimingCharts

Easy COT (Commitment of Traders) Charts.

Barchart.com

TradingCharts

NASDAQ World Currency Option Chains[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Newsletters”][vc_column_text]

*This section need help. Please send me your ideas. My only request is no retail brokers.

John Mauldin

Mauldin provides (usually) bi-weekly updates to readers on world macro conditions…from his site: “Mauldin is the President of Millennium Wave Advisors, an investment advisory firm registered with multiple states. He is also a registered representative of Millennium Wave Securities, a FINRA-registered broker-dealer. Prior to that, he was Chief Executive Officer of the American Bureau of Economic Research, a publisher of investment newsletters and books”….

Van Tharp

Free newsletter commenting on trader psychology and current market environments by the author of ‘Trade Your Way to Financial Freedom’. His risk management strategies are great. Ignore his trading strategies.

Joe Ross’s Chart Scan Newsletter 

I’ve been getting this since I started trading. Joe Ross is one of the pioneers of individual day trading techniques and offers a wide range of books, services and trading systems for futures and forex markets, but you can get his newsletter for free.

GANN Global Financial

Strategy specific, of course. Offers a free newsletter with latest technical ideas.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”EBooks and Articles”][vc_column_text]Trading-Naked

Tons of great reading material can be found on trading-naked.com (please excuse the audio in the back; I admit in saying I find it a little weird, but the site material is good).

Pdf-search-engine.com

Not a trading site, but type in the name of any trading book and there’s a likelihood you’ll find a reprint of it here[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Free Magazines”][vc_column_text]Currency Trader Magazine

A free magazine distributed monthly outlining latest events, strategies and input.

Futures and Options Trader

As the title says, but still filled with lots of useful information in regards to trading strategies.

Futures Magazine

Free magazine with all of the above, but emphasis on futures trading strategies. Currencies are also discussed from time to time. Can’t beat the price.

SFO (Stocks, Futures and Options) Magazine

A free monthly magazine with a wide range of trading articles dedicated to the daytrader.

Global Finance Magazine

Delivers the full story; corporate finance, joint ventures and M&A, country profiles, capital markets, investor relations, currencies, banking, risk management, custody, direct investment, money management and all the rest-specifically tailored for corporate readers around the world.

Investment Advisor Magazine

Authoritative features, product surveys, planner profiles, and monthly articles on improving client relationships; covers the spectrum of portfolio management.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”Trading Tutorials/Instruction/Strategies”][vc_column_text]Informed Trades

Massive and free video course available – good place to start for noobs.

NASDAQ’s Online FX Trading Tutorials

Site features a lot of valuable data.

Elliot Wave International

offers 10 free lessons, with access to another 10 free before you have to pay anything

Decision Point Learning Center

Online overview of various technical analysis / trade management / psychology techniques

Investopedia FX

This website used to be much better before the retail crowd took over, but still some decent stuff.

MoneyShow

These guys run the “Trader's Expo”, which is basically a great thing to go to if you love sales pitches. Website is now flooded with videos and articles about trading instruction.

FXWords

Well organized dictionary of FX terms.[/vc_column_text][/vc_accordion_tab][vc_accordion_tab title=”FX/Alt. Inv. Industry and Regulatory”][vc_column_text]The CFTC’s Financial Data for FCM’s (Futures Commission Merchants – aka Futures and Forex Brokers)

See how your broker stacks up financially.

ForexMagnate's Directory

Full-blown directory of businesses servicing the FX industry.

NFA (National Future's Association) BASIC

Search and see if your prospective broker has been decked for any serious violations. Many have.

FCA (Financial Conduct Authority)

FSA got cut up into 2 categories – this is the one that will contain information on broker regulation.

ASIC (Australian Securities and Investments Commission)

Regulatory arm of Australia.[/vc_column_text][/vc_accordion_tab][/vc_accordion][/vc_column][/vc_row]