Most traders keep an eye on the fundamentals, no matter how much of a technical trader they are.
It only makes sense.
You need to know what is going on in the world and when to avoid periods of excessive volatility. But it can be a pain in the ass to visit multiple websites to get the news you need for Forex trading.
There is a ton of crap that you have to wade through to get to the good stuff. Here is an example of a search for “gold news.”
See what I mean?
There is a better way.
In this video, I'll show you how to customize your news intake so you get exactly what you want…all in one place.
If you prefer the text version, it is provided below the video…
There are two parts to consolidating your news feeds. Let's take a look at them one-by-one.
The first step is to setup Google Alerts for the news items that you want to follow. These are simply Google searches that you can save and access at any time.
A good one to start with is “crude oil news.” If you trade the oil related currency pairs…
Here are a few examples that you can start with. They will need to be refined to get what you want.
You can actually do a lot with Google searches. To see all of the cool things you can do, read this guide on search operators.
For each search, you will need to set them up as RSS feeds. This will allow you to use them in the next step.
To get exactly what you want (or pretty close), you my have to experiment with the different options. For example, I use News and Finance sources for this feed.
Once you have some searches setup, you can't actually use them just yet. That is where Feedly comes in…
Now that you have some custom RSS feeds setup, it is time to put them all in one place. Feedly is a free RSS reader that makes it super easy to make your searches easier to read.
Setup an account and login to your dashboard. Then click on the Add Content button.
Then copy and paste the RSS link from each of your Google Alerts into the search field.
To get the RSS link, right-click the link and save the link.
An added bonus is that you can also add RSS feeds directly from different trading related websites.
You can add blogs, trading forums or any news website. In this example, I have a category for trader blogs that I follow.
That's all there is to it. You can always change your currency news sources and Google searches according to what you need and what you are trading.
This is the most efficient and customizable way that I have found to get all of my news in the same place. It can save you a lot of time and mental energy.
…and the best part is that this is totally free.