Forex Trading and Miscellaneous

Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices

The Elliott wave theory – a metric to identify market sentiment and psychology

It’s all too easy to dismiss certain indicators as having little use or value, Elliott wave theory has many fans and equally as many detractors. Metrics that attempt to identify market sentiment and psychology will always be treated with skepticism, therefore the precise technical analysts in our community, will always question the value and validity

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The Swiss National Bank (SNB) as one of the most profitable FX trading firms on the planet

Over recent days the SNB revealed the profits it made for 2016, yes that’s right you read it correctly; a central bank that makes profits. They don’t quite conduct themselves in the manner of most central banks, such as the Fed, ECB and the BoE. Not only does the bank invest/speculate on currency movements, it

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Making New Year’s trading resolutions is easy, sticking to them requires discipline and dedication

As we’ve now entered the New Year it’s worth reflecting on our achievements in 2017, in relation to the ambitions we originally set for ourselves at the start of the year. Did we reach our targets, did we grow our trading account by the percentage we targeted? Did we stick to our trading plan and

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Trading Forex successfully, what works and what doesn’t. Part three; political analysis

Political analysis is often confused with fundamental analysis, however, the two separate phenomena and the skills required to identify and translate the entities into coherent trading decisions, shouldn’t be confused. We should be aware of and fully conversant with the impact medium to high impact news releases have on our trading. The vast majority of

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Trading Forex successfully, what works and what doesn’t. Part two; fundamental analysis

The majority of experienced FX traders and market analysts will testify that its fundamental economic events that move our markets. They’d also contend that the only time technical analysis effects our trading is if price either: reaches a critical round number (generally referred to as a handle), reaches or breaches a big moving average, such

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Trading Forex successfully, what works and what doesn’t. Part one; technical indicators

Depending on where you are on the learning scale, you’ll have a different view of the various trials and tribulations you’ve experienced (and at times endured) during your FX learning pathway. If you’re close to the start of your journey, having recently discovered FX trading as a potential investment opportunity, or you’re a part time

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The FX market is always right, it’s our job to be on the right side of price

There are some obvious benefits in learning how to trade in the globe’s largest market and there’s some subtle benefits, which are far less straightforward to identify. We know that due to the huge levels of turnover, estimated at $5 trillion a day according to BIS, we trade in the most liquid market there is.

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Trading over the Xmas and the New Year holiday period, how should we adjust our trading plan?

As we’ve now entered the final two weeks of the trading year, many of us will slow down our trading, particularly if we’re manual day traders we’ll consider simply downing tools for a week or so. If we trade on a fully automated basis, then we’ll maybe consider disengaging our expert advisor over the holiday

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