You probably already know that the best way to analyze the market is to combine fundamental and technical methods. If you want to become an expert then you need to expand the list of sources of verified and useful news. It can be special financial portals and even accounts on social media.
Earlier in our blog, I posted an article on how to make money on Donald Trump’s tweets. Today I will provide you a list of other Twitter accounts that can form the basis of your market analysis system.
@zerohedge
@paulkrugman
Paul Krugman is a Nobel prize-winner in Economics. If you trade in majors, then his Twitter will become your indispensable assistant. Paul’s economic analysis of market events is always supported by verified data and personal analysis of the latest economic and political events in the United States.
@alaidi
The most trustworthy people are usually traders that have achieved success in the market themselves. Ashraf Laidi is a well-known market strategist and author of books about trading. He publishes a daily analysis based on verified data and reliable research.
@stlouisfed
Actual and timely data on the US economy directly from the first hand will be very helpful in your market analysis. To get this information, you can subscribe to the St. Louis Federal Reserve channel that posts all the latest news on a regular basis.
@rayner_teo
This channel is the number one choice for swing and position traders. The author of the channel, Rayner Theo, daily helps over 40,000 of his subscribers identify, analyze, and trade on major trends.
@forexcrunch
This Twitter account is owned by the founder of one of the most popular financial-related news portals - Forex Crunch. On this channel you will find all the necessary information for a trader with any level, style, and strategy:
- Statements and overlooks of major banks
- Useful guides for traders
- Daily news
- Market forecasts, etc.
@Ralph_Acampora
If you want to improve your skills in working with the trend, as well as learn how to quickly find and correctly interpret various patterns, including market reversal signals, then you should subscribe to Ralph Acampora's Twitter account. And these are not the only topics of this famous technical trader’s channel. He also publishes useful data on other themes, including an analysis of useful trading setups.
@DailyFXTeam
Twitter account of another well-known news portal - DailyFX. Here you will find a number of relevant data on the market situation from numerous financial analysts of this site. For your convenience, all the latest Forex news and events are collected in one channel, although each of these analysts has a personal account on Twitter. You can also subscribe to any of them individually if their data seems to you most accurate and useful.
@elerianm
If it’s difficult for you to understand the intricate economic news and events and analyze how they will affect your trading instrument, then Mohamed A. El-Erian’s channel will come to your aid. He explains complex questions and topics in a simple and convenient language. An indispensable channel for a novice trader.
@PeterLBrandt
This Twitter account will become a favorite of technical market analysis fans. The author of the channel Peter L. Brandt has been trading Forex since 1975. Now, thanks to social media, he can share his knowledge and advice with other traders on a daily basis.
It is worth remembering that all these channels are in English. However, these channels provide the most relevant and timely information, especially useful for those who trade US dollars. So, subscribe to the channels, arm yourself with dictionaries (if necessary), and use other people's knowledge to grow your profits.