Today I am going to share with you two magazines that offer a wealth of articles and are delivered to you via email free every month. I have been a subscriber to these magazines since late 2005 and they have proved to be interesting reading.

The first of the magazines is Currency Trader. The Currency Trader magazine is delivered monthly after you subscribe (By providing your email address). The areas currency trader covers include:

• Analysis and news
• Trading strategies
• Systems and more

Articles in November 2007 currency trader include:

• Japan: Politics, carry trades and the yen
• Japanese Inflation and the yen
• Trading FX pattern breakouts
• Triennial BIS Forex survey

One of the extremely helpful features of the Currency Trader magazine is the global economic calendar and the trading events and conference section usually located at the rear of the magazine. Read the full story

Popularity: 17% [?]

In trading as in any other profession it is important to have the right tool for the right job. In our daily life as a trader we work with a large range of data that requires analysis. If you have done any kind of statistical or financial analysis I am sure you will be familiar with Microsoft Excel, however if you are just starting out Microsoft Excel may be less familiar to you.

Microsoft Excel is a powerful spreadsheet based application. The main window is comprised of rows and columns laid out in a grid format. This allows for easy entry and analysis of data. The version I use and would recommend is Microsoft Excel 2007. There are many new features in Excel 2007 these include: larger workbook capacity, completely overhauled user interface, simpler pivot table creation, easier third party data access and a stream lined workflow. The image below shows a screen shot of Excel 2007 in action.

As you can see Microsoft Excel 2007 has a remarkably different user interface to earlier versions of Excel and if you are used to working with previous versions of Excel it will take you a little while to adapt to the new way of doing things.

Microsoft Excel allows you to create your own formulas and apply them to data. Excel also has many built in functions that allow for manipulation of data and the ability to record macros to streamline processes. Before I go through the interface of Excel 2007 there are two key things that you need to do.

1. Install Add ins. Read the full story

   Popularity: 14% [?]

There are blogs on nearly every single topic you can imagine and trading is no exception. Today I will share with you blogs I enjoy reading and blogs that will make you a better trader. If you have been living under a rock for the past 5 years a blog is:

“A website where entries are written in chronological order and commonly displayed in reverse chronological order. “Blog” can also be used as a verb, meaning to maintain or add content to a blog.” Source wikipedia

Blogs are growing at a phenomenal rate as they allow individuals to have a powerful voice. The growth of blogs is highlighted in the chart below: Read the full story

Popularity: 100% [?]

The figure of $1.9 trillion US dollars is often cited as the daily trading volume of the Forex market. What is often not presented is where this actual figure comes from. This figure originates from The Bank for international Settlement (BIS) Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity. I know it is a bit of a mouthful. This just means that every three years BIS will carry out a global central bank survey of the Forex and derivatives market. The basic role of the survey is to gauge the size and depth of this Over The Counter market. Read the full story

Popularity: 7% [?]