Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
We've read many tales of trading woe over the past twelve months, from the 'whale trader at JPM, to KwekuAdoboli. Adoboli was a City trader who almost destroyed the banking giant UBS through increasingly reckless illicit deals, who was eventually convicted of what police described as "the biggest fraud in UK history". Adoboli racked up […]
In our world of FX Mondays are more often than not quiet days on the market with little in the way of major news events impacting on the price of our favored currency pairs. However, despite the lack of scheduled high impact data releases, the day was anything but quiet. As predicted in our post
Between The Lines, Central Banks Are Not Singing From The Same Hymn Sheets Read More »
You have to question what represents "normal" in terms of central bank base interest rates in the current economic climate. Many of the globe's leading central banks and the rate setting policy units attached through their associated governments, have pursued aggressive zero interest rate policies (ZIRP) for so long, you begin to wonder if our
What Happens When (If) Interest Rates 'Normalize'? Read More »
As we predicted in our early morning call Thursday was dominated by the president of the ECB, Mario Draghi, giving his conference speech. This came after the announcement was made via Eurostat that base interest rates, in particular the deposit rate, would remain static. The bullish speech delivered by Mr. Draghi, with specific reference to
Morning Roll Call; Between The Lines Read More »
So the Wednesday numbers and the scores published on the various analysts' doors, exceeded expectations. Well sort of… The ADP jobs report numbers pitched in with a healthy 135,000 new jobs added. However, as is customary with ADP, the last set of results in April, came with the now expected revision downward. The numbers for
Morning Roll Call, Between The Lines Read More »
So summer time is upon us and (depending on how profitable you've been this year), your thoughts may begin to planning a summer break. If it's not been a great year for you (so far) and all you can afford is a campsite rather than canapés in the Caribbean, then you have my sympathy. Having
Don't Be a Forex Hedgehog, Be a Forex Fox! Read More »
It seems that all traders have similar misconceptions about the Forex market and how it operates. These misconceptions lead to them to commit similar mistakes mainly because they often believe that these strategies will be able to give them the Forex success they’ve always desired. This article is aimed at identifying these mistakes and giving
How To Avoid 10 Biggest Forex Trading Mistakes Read More »
Most professionals nowadays undergo psychological profile employment tests in order for their prospective employers to assess their qualities as a person and whether or not it would match up to the traits they’re looking for in an employee. Different professionals, like policemen, firemen, and pilots all have their own different set of distinctive and desirable
Attributes of Successful Forex Traders Read More »
Economic indicators are statistical analyses that observe the trends and performance of the economy and enables people to predict the future state of the economy depending on those trends. There are three classifications of these according to the time they change relative to the shifting of the general economy. These are: Leading indicators: Being short-term
Important Economic Indicators in Forex Trading Read More »
Fear is a psychological condition wherein the individual experiences a feeling of apprehension and threat about something, be it a person, thing, event or place. It is an ingrained survival mechanism necessary for the individual to be able to adapt to his environment, especially during times of uncertainty and danger. Fear enables us to
Forex Trading Fear Explained Read More »
