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Sunday, July 5, 2009

DailyForex Blog Reviews: Forex Blog

Forex Blog is a current source for any and all financial information. The site is updated, orderly, full of information, and written in a way that keeps you interested. Founded in 2004, Forex blog serves over 10,000 Forex traders on a monthly basis. The main content contributor of Forex blog is Adam Kritzer. Here is the interview I conducted with Adam.Please tell us a little bit about yourself including your name, your profession, and your location in approximately 50 words or less."Adam Kritzer is a professional financial blogger (and part-time rock climbing instructor) based in China. He writes mainly about foreign exchange, but also about mortgages/housing and other stories with economic angles."How long have you been involved in the Forex market/blogging?"I have covered forex markets for over four years as the primary content contributor for the Forex Blog. I first began taking an interest in currencies perhaps in the early 2000's following the collapse of the dot-com stock bubble."Who is your primary audience?"It's difficult to pin down our primary audience- I would hazard a guess that most of our readers are amateur forex traders. That being said, our approach to (fundamental) analysis is such that any amateur economist, fed watcher, or investor can probably find something useful."Why should someone read your blog?"As I suggested in question 4, the advice/analysis offered by the Forex Blog is broad enough to appeal to wide audience, while specific enough for forex traders. Moreover, rather than offering daily price targets (which ensures that content becomes useless hours after being published), we cover stories that reflect a medium-term/long-term outlook. Plus, our underlying approach (interest rate differentials, comparative economic growth trajectories, fluctuations in risk aversion) has remained relatively unchanged, which means articles from last year are still relevant today."In your opinion, what are the main advantages of the Forex market?"The main advantages are liquidity and the intrinsic impossibility of a complete bear market. In other words, you can always find currencies that are strengthening and can usually count a tight spread even during periods of extreme volatility. Both of these features are unique to forex markets."Conclusion: Forex Blog was one of the pioneers in the Forex blogging space and it remains a leading Forex blog today. The site was one of the first Forex blogs to offer daily Forex updates, and it continues to offer its audience the most updated and useful financial information on the Web.Advantages: A large archive of useful Forex content, Many categories to choose from including an interview section with other bloggers.Disadvantages: New Forex traders will have to search through the archive to find relevant information but will eventually find it.Final Words: Adam incorporates technical analysis, Forex fundamentals, and market psychology in his writing, offering his readers an all around Forex information source. It is no surprise that Adam's writing has been published in other leading financial news sites such as Mergers & Acquisitions Journal, as well as the Wuhan Evening Post. It was a pleasure working with Adam.

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