Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
Many of us recoil when confronted with motivational talking and writing, particularly when it’s aimed at us FX traders. You’ll recognise the style of writing by now; “stay positive and think your way to profitability”, “you can win big, if you dream bigger”, “use the rocket, but aim past the stars”. There’s many other equally […]
Why are you trading, what’s your goal, what’s your end game? Read More »
There is undoubtedly a romance involved in trading, many of us enjoy discussions surrounding Fibonacci due to its romanticism. The mathematical purity, history, the links to nature and the infinite qualities simply adds to its legendary allure. There are several other mathematical models associated with and often applied to trading, that evoke both a sense
The Elliott wave principle Read More »
According to various recent data sources, the average profile of a private (retail) forex trader is similar to that published by both the ECB and Citigroup in 2014. They cited that traders are predominantly male and have a median age of thirty five. There were approximately four million traders spread across the globe, according to
Understanding the idea of Forex Trading Read More »
Forex brokers should take their responsibilities seriously, that’s why most go to careful lengths to explain the process and the overall risks involved with trading to their customers. In fact the message and narrative regarding risk is often that harsh and stark you’d be forgiven for thinking that brokers are attempting to put potential clients
Understanding the risk warning and identifying the risks Read More »
Many of us (of a certain age) were big fans of Star Trek, the original series with William Shatner playing James T. Kirk. As kids we were mesmerised by the phaser and the communicator gadgets. The most memorable message delivered into the communicator by Kirk and his trusty officers; “beam me up Scotty” has entered
Using mobile Technology to aid our Trading Read More »
The word “Renaissance” means rebirth in French. The Renaissance was a period in European history, from the 14th to the 17th century, regarded as the cultural bridge between the Middle Ages and modern history. That bridge; between a bygone age and the modern history currently being shaped around us, is a highly relevant subject in
What Renaissance Technologies can teach the retail Forex Trader Read More »
Of all the: terms, patterns, indicators and tools used in trading, the word, allure and concept of “Fibonacci” stands out as the most mysterious and evocative. It’s legendary use in mathematical calculus, lends it an authority not associated with the modern, most commonly used chart indicators, such as the: MACD, RSI, PSAR, DMI etc. It
Fibonacciand its Application to Forex Trading Read More »
We love to experiment as traders, if we didn’t have that capacity for intellectual curiosity and experimentation, then it’s highly unlikely we’d discover markets to invest in, or trade forex. Naturally, as part of our voyage of discovery, we begin to play around with all the component parts that make up what we’d describe as
The Heikin Ashi candlestick and its purpose in Forex trading Read More »
Trading is a cerebral profession, it’s neither a team, or an individual player sport. However, analysts, traders and market commentators often use sporting analogies to make our points. We’ll talk about having “the guts to get up off the floor”, as if losing a series of trades is similar to a concussed boxer trying to
Visualising Success as a Forex Trader Read More »
This misinterpretation in forex trading; the amount of futile effort and energy that’s been expended, the hundreds of thousands of hours spent, trying to discover the elusive holy grail of trading, is a sobering thought. The wasted time and effort that’s been consumed, is made even worse by the realisation that no such perfect 100%
Misinterpretation in Forex Trading and how to limit your Risk Read More »
