If you’re in forex trading seriously, you have to follow a financial news channel. There are several reasons for this.

First of all, you have to be in the loop of important news. The important news constitute fundamental analysis. Payrolls, interest rates and other factors  can have a big impact on the markets resulting in spikes and dips.

Following news allow you to avoid disasters and even develop a strategy around news and fundamental analysis.

So choose a financial news channel, follow financial news sites and blogs and make sure to watch them regularly. That will save you a lot of money and you will learn forex a lot better too.