Trading

DailyFX

https://www.dailyfx.com/economic-calendar

Focus on the US market and UK market.

Also check out https://www.dailyfx.com/real-time-news to see real time updates and possible reminders.

Do not trade when there’s about to be a news announcement. Wait for things to calm down in the markets.

FX Calculators

https://reidfx.com/free-forex-calculators/

Use the compounding one to work out how much money you can make, based on 5%; and 5 trades per day x one week (100 periods).

If you have a stop loss in play, use the Lot Size Calc. and if you don’t have a stop loss in play, use the Pip Value Calc.

(For more details go back to https://www.udemy.com/course/day-trading-strategy-that-can-win-even-when-youre-wrong/learn/lecture/35919558#content)

Mataf (correlation)

https://www.mataf.net/en/forex/tools/correlationhttps://reidfx.com/free-forex-calculators/

Correlation Tool.

 We can also check out the Mataf tool to look at volatility – where for example you can see the Dow Jones (US30) has quadruple the volatility to most of the FX pairs per day. 

https://www.mataf.net/en/forex/tools/volatility