Internet is your best source of real time information about the Forex market that is very crucial to make important decisions. It will also provide you a wealth of information needed to predict the impact of the market fluctuations on a long term basis. You will be able to find any kind of data on any currency in a matter of seconds. Internet houses numerous research papers and articles on Forex market and trading, that will be a great help to beginners as well as experts to have an in depth knowledge of the market.
And it is always good to work with currency pairs. Though you can trade any currency against any other currency you want, the choices will become too numerous for you to keep everything in your radar. You should watch the market carefully and keep track of all your currencies to make the right decisions. So it is always best to limit the number of currencies that you are trading at a time. Trading currencies in pairs will give you the best results. You can start with two or three pairs and after you gain some knowledge about how the pairs work and the patterns of their fluctuations, you can always increase the number to pairs.
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