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Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources for Life as a Trader.

Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

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Page 1: Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

Free Trading Tools and Tips for Profitable Traders

Here are some of My Favorite Free Public Tools and Resources for Life as a Trader.

Page 2: Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

TradingView - Link: https://www.tradingview.com/

This is our favorite public trading resource and tool. You will see us post links and screenshots from Trading View on our website and through out our social media posts because it is simply a great tool to do chart analysis and to mark up our charts to show you our strategies and setups.

Forex Market Hours - Link: http://www.forexmarkethours.com/

Learning how to trade is only the first part of trading. The next step is learning when the best time to trade is. I have used Forex Market Hours since the very first day I started trading

because I needed to know when the markets were open and when those times lined up for my free time or if I would have to schedule my breaks and lunches while working a full-time job

around the market hours.

Forex Factory - Link: https://www.forexfactory.com/

This is where many traders do their news research on up coming Forex and Market News Events that occur during the trading week and trading year. We use this website and tool for us

Page 3: Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

to get a feel for what the news is telling us it will use to gain money during these times. We have a few videos and examples on trading news events.

**** Warning: TRADING THE NEWS AS A NEW TRADER IS VERY RISKY ****

Forex Peace Army - Link: https://www.forexpeacearmy.com/

A their title states, Simply Unbiased Forex Broker Reviews from Traders who actually use the brokers. We always recommend making sure your broker is following your local laws and has legitimate rates. This is why we recommend you use Forex Peace Army to do your own broker research. Info on our brokers in our posts all include the public links to their Forex Peace Army

Review Page once we have tested them with our trading strategies.

Page 4: Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

Software, Tools, Tips, and Links

While you can used your phone or other apps to trade with we like to use META TRADER 4 OR META TRADER 5 also known as MT4 OR MT5. Because they are basically the same

95% of the buttons and screenshots will be identical.

MetaTrader 4 and MetaTrader 5 Links

MQL4 and MQL5 - Link: https://www.mql4.com/ or Link: https://www.mql5.com/

Page 5: Free Trading Tools and Tips for Profitable Traders · 2018-08-15 · Free Trading Tools and Tips for Profitable Traders Here are some of My Favorite Free Public Tools and Resources

Smart Money and Institutional Trading Below you will find one of our favorite resources for finding out where Smart Money is

Placing their own Money. We can use this information to get an idea of what Major Institutions are doing with their money.

With this information we can see exactly what they are LONG or SHORT on.

Commodities Futures Trading Commission (CFTC) - https://www.cftc.gov/