What is Forex and How to Make Money with It?

It is definite that all Forex traders want to make their trades successful, but how can they figure out where the Forex market is going next? Surly it is a must for traders to have a rather deep understanding about Forex technical analysis. However, traders may find that although they fully apply every single principle of Forex technical analysis, they sometimes go wrong. Why does this happen?

The reason is that they forgot to take the fast changing circumstances of the Forex market into consideration. Yeah, the market is always influenced badly by Forex news like economic reports, central bank chairman’s speech and so on; ignoring those will surly lead to false decisions and may bring disaster to Forex traders. Therefore, paying close attention to the latest Forex news is essential for traders if they are eager to achieve success. Then where can they go for it?

Herein I am going to list 5 top resources of the latest Forex news that are undated often that Forex traders need to be aware of.
Resource Review Rating
Reuters It is by far the most reliable Forex news resource across the global.
Bloomberg It is another reliable Forex news provider; its categorization in regions helps in finding important international news.
Forbes.com Breaking News It provides free news from paid sources.
CNBC It provides high quality articles especially for Forex traders.
Business Week It provides very professional analysis, but a little old-fashioned.
In the end, I need to mention that all Forex traders need to note the timeline of the Forex news you read. Keep a clear mind that whether it has occurred and whether it is a rumor, and then adjust trading strategy.