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need help with finding forecast predictions in forex trade market?



need help with finding forecast predictions in forex trade market?
does anyone know any reliable websites or any ways for which I can make better predictions in the forex market? Any trends in foreign exchange and riskless arbitrage? its for my international finance class. He wants us to trade in the forex market and write about why I choose that particular transactions but I do not know where to go to find good predictions. so rihgt now im just guessing but he wont accept that. please help?

Best answer:

Answer by A
Read this article, it’s about the British Pound (GBP/USD) and the US Dollar index (USDX).

http://www.futures-trading-infonet.com/currency-futures-trading-2012-02-26.html

Also, check out this website:

www.brainyforex.com

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3 Comments


  1. David (December 5th, 2013 at 3:26 am)

    Try these guys. I’ve only been using them for a month but I have learned a lot and they also send signals http://www.faholofx.com. Made nearly 1000 pips in a month (I only have a micro account at the moment though)

  2. Scott H (December 5th, 2013 at 3:46 am)

    Do your homework. There are tons of great books and websites, such as http://forextradingtipsonline.com, that can help you. Just like trading other instruments, knowledge is your key to success, not some magic strategy someone wants to sell you.

  3. Ted (December 5th, 2013 at 3:48 am)

    Forex.com

    You can’t do riskless arbitrage. Big dealers are already looking for these and they are the market makers, so they have a huge advantage over retail customers. If you think you see a riskless arbitrage opportunity that the banks have missed, then you need to revisit your analysis because you missed something.


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