I started trading forecast about 2-3 weeks ago.

I have been doing good so far, I picked up on it naturally & have made about +300 pips.

I have been scalping/day trading for the most part, staring at the screen & making those decisions.

My question{s} is this:

I want to learn how to use all the tools/graphs, any recommended courses/sites/etc?

& I have picked up on playing off of forecast, what are some recommended forecast sites/people?

& What are the best sites/news for latest updates & forex news, etc.?

Thanks

Answer
Use Technical Analysis in your forex trading decision.

With candlestick charting techniques, early signal of trend reversal is clearly revealed which you will not find it in traditional bar charting techniques.

70 Japanese candlestick charting patterns are featured in this website that provides a better understanding of each individual candlestick patterns with detailed explanation.

where i can get free forex daily forecast?

Answer
Hi there,

These are some sources i use for getting forex updates and Daily FX analysis:

http://forextradingguru.blogspot.com/

http://forexmoneymaker.blog.com/

http://www.finexo.com/marketReview

Also sites like actionforex.com and fxstreet.com are also quite good.

Cheers

I read an article online that I can't find now about how to use a bloomberg terminal to forecast exchange rates. Does anyone know how to do it?

Answer
Any information that allows you to forecast exchange rates will be taken advantage of by speculators who are already in the market so the best forecast is the prices of forward exchange rates. see
http://thismatter.com/money/forex/fx_forwards.htm

Can anybody tell me what is the forecast of light sweet crude oil in future?

this is a forex trading question.and my plan is to invest in stock market and trade in light sweet crude oil,anyone of you have a experience of future stock market please help me and inform me what is the resistance and spot of light sweet crude oil.it will get stronger or weeker.

Answer
Expensive.