My name is Vinayak Maheswaran and I have been trading forex for the good part of 4 years since I graduated from the University of Minnesota - Twin Cities. I have a passion for economics and enjoy reading economic reports greatly. I regularly keep a tab on a country’s macro forecasts like GDP, inflation and employment. One thing to look out for when analyzing the economy of a country is whether the goods that it produces are in demand. If so, then there will be a lot of revenue generated via exports and this will strengthen the value of the country’s currency.
When looking at forex brokers, I tend to be very conservative and go for those that have government oversight with Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investment Commission (ASIC) being some examples.
There are lots of brokers that have been in this business for over 10 years and its best to open an account and trade with them. However, don’t discount the newer brokers as they can also have some impressive features. My suggestion is to try and open an account with at least 3-4 brokers.
My trading involves a combination of technical, fundamental and sentiment analysis.
I am on Babypips.com as I’m looking to share my knowledge and get a feel of what other forex traders are doing and saying. It has been a nice experience on this forum and site so far. I look forward to learning and networking with like-minded individuals.
