Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
As always, when we experience a seismic shift in sentiment in the FX market, it always looks so obvious in hindsight. Before we begin to concentrate on what may, or may not be new trends that have developed on our major currency pairs and commodity pairs since the fall out of the FOMC meeting of […]
Is The Trend Still Your Friend? A Week Is a Long Time In Forex Trading… Read More »
Major indices continue their slump taking certain currencies south in tandem China growth concerns, due to the HSBC 'PMI' numbers printing short of economists' expectations, combined with the lingering impact of the FOMC comments of last week, caused a continuation of the sell off in US stock markets witnessed late last week. The DJIA falling
Between The Lines, Morning Roll Call Read More »
Despite it providing lagging information the COT report, commitment of traders, always provides a fascinating insight into where institutional money views currencies' positions. The Commodity Futures Trading Commission, or CFTC, publishes the Commitment of Traders report (COT) every Friday, around 2:30 pm EST. The COT report measures the net long and short positions taken by
The COT Report Reveals That Traders Are Bullish The Euro Read More »
Sudden stock crashes and other tales of woe.. Two interesting stories caught our imagination over the past 24 hours, both concerned technology. Firstly, concern that American stock markets are more susceptible to micro- second crashes due to computerisation isn’t supported by the data, a Securities and Exchange Commission official stated on Tuesday. Gregg Berman, head
Between The Lines; Early Morning Roll Call Read More »
To taper or not to taper, that is the question? It's fascinating to watch how market commentators and the wider trading world have become embroiled in the latest drama day after day through the mainstream media channels. We had the fiscal cliff back in late 2012, remember that? How the USA economy was going to
Between The Lines, Morning Roll Call Read More »
Is it too soon to mention the Hindenburg Omen again, a subject that we discussed last week? Probably, especially given the fact that all the conditions and parameters haven't been met yet. However, the DJIA has closed down three days in succession, a first for this year and the drop has been quite substantial. The
Between The Lines; Morning Roll Call Read More »
The greenback falls too much; up steps a Fed official to pump up the volume across the various media frequencies. The euro rises too much; up steps an ECB official, or politician with some weight and credibility to talk down the euro. The yen rises too much, well you've got the picture by now. Why
Between The Lines, Morning Roll Call Read More »
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 »
