Learn From The Best: Top Forex Traders to Follow on Twitter

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The community of financial traders on Twitter has grown massively over the last decade, and there are now many professional traders, both retail and institutional, engaging the public daily on the popular social media platform. Following traders on Twitter can be a fantastic way for new traders to learn about how professional traders approach the market as well as gleaning useful insights from the regular market commentary.

Below we have compiled a list of the best traders on Twitter that you should be following. Assad Tannous is an Australian based fund manager who has been in financial markets trading for over 20 years. Clearly, anyone with that longevity who has risen to such a high level in this game, is worth paying attention to. Great traders understand diff between looking for a trade and seeing the trade. Remain patient, they always come.

Over his career Tom has developed an extremely precise understanding of price action and market dynamics and uses this to call trades and analyse the markets. Tom has a few systems split between higher time frame swing trading and short-term scalping and his trade ideas in the currency markets are widely followed and applauded. For those of you interested in learning how to trade pure price action alone, this feed is a must-follow.

Blake Morrow is another seasoned best forex traders to follow on twitter veteran whose Twitter feed is a rich source of constant information and insight for eager traders. Blake ran a daily market webcast for over a decade, analysing a cross section of markets each day and alongside this is constantly posting trade ideas and analysis on his Twitter feed and engaging with other traders.

Some of you people spend way to much time on twitter…. I tweet, and back to the markets. PLTfx is a trading advisory and signal service that have been active for just under a decade and have developed a loyal group of followers and clients.

Worth remembering as market fragmentation continues. Beginning as a private retail trader, James developed a strong interest in understanding the fundamental aspect of the market before pursuing technical trading capabilities which he now uses to identify opportunities over a short-term horizon.

Alongside his market experience, James is also IMC certified having achieved the qualification to help further his understanding not only of the markets but the industry as a whole. James has best forex traders to follow on twitter strong interest in both fundamentals and best forex traders to follow on twitter and uses both forms of analysis in generating and executing trade ideas, with trades generally lasting from a few hours to a few days.

AsennaWealth Assad Tannous is an Australian based fund manager who has been in financial markets trading for over 20 years. PipCzar Blake Morrow is another seasoned industry veteran whose Twitter feed is a rich source of constant information and insight for eager traders.

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Forex trading requires knowledge of current affairs, and fortunately there are now so many avenues for this. In the past, an investor would have to acquire the daily newspaper just to find out if there was any important information.

Now, social media is more popular as traders forego conventional news channels. Use of Twitter in Forex trading particularly has now become the most popular, completely changing the way we trade the Forex market. By the time you get it, another IPO will already be on the way and you having no clue. That right there is the second best reason, using Twitter in Forex trading delivers instant access, second by second. They work for the paper to earn a paycheck and later tweet their opinions to earn followers.

A probable fear among traders would be on the credibility of the source. A paper published on the National Bureau of Economic Research demonstrates how reliable tweets can be. From the study, the researchers found that a trader who solely relied on Twitter Sentiment would be almost 4 times more profitable than one who used a standard carry trade strategy. A similar study was done in to see how Twitter affected returns in the stock market.

This study showed that peak Twitter volumes around news events affected the value of a stock. The obvious effect that Twitter in Forex trading and other financial markets only works because markets move in the direction of prevailing sentiment is also not true. Therefore, it would be difficult for individual traders to affect market direction. It simply means that Twitter Sentiment has to be reliable to have such a high success rate. The most likely reason is that users of Twitter in Forex trading are informed traders who tend to be right.

Which should be good news to other traders relying on Twitter. When using Twitter in Forex trading, keep in mind these tips to avoid losses:. Stay up to date with the financial markets everywhere you go. Forex Industry Top Stories. Why use Twitter in Forex trading? Is social media reliable for trading Forex markets? How do you make the best use of Twitter? When using Twitter in Forex trading, keep in mind these tips to avoid losses: Comments 0 comment s Click here to cancel reply.

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