Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
Fools Gold… As we've pointed out several times over recent months one of the oddities regarding the current situation gripping the markets is the continual lack of 'normal' correlations. For example, normal would be markets collapsing, ergo a rush into gold and other precious metals. Or for the DJIA to rise and the greenback lose […]
Between The Lines; Morning Roll Call Read More »
The UK waves goodbye to Mervyn King with a £375 billion tick a tape parade, otherwise known as quantitative easing… Tuesday saw the last statement from the UK's outgoing governor of the Bank of England Mervyn King to the all party treasury select committee. This UK government committee overseas the decisions taken by the BOE
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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
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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
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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
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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
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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
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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
