In your quest to become a successful Forex trader you will need to develop an ability to detect a change in trend. Some common methods of finding important issues in the market that may effect the market you are trading in, include:

- Study The News On A Daily Basis
Often, breaking news stories can be helpful in identifying emerging issues. Professional portfolio managers keep a news ticker on their screens, to catch trends and ideas as they unfold, and so should you.

- Follow Market Commentary
Find a good collection of credible experienced bloggers or websites to keep track of what the professionals think about the market.

- Follow Other Markets And Asset Classes
Movements in other asset classes and markets can have a huge impact on the market you are trading, either directly or indirectly. For example if you trade the USD, you should also be aware of how other markets can influence its value, like gold and oil.

- Keep An Eye On Economic Indicators and Expectations
Find a reliable source of scheduled news reports for the day, by doing this you can avoid being caught up in major volatility. Watching how the markets respond to major news announcements can also give you a clue as to their future direction.

Don’t forget the big moves in the market are caused by the big picture.