Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
Are Forex Traders Born And Not Made, Or Do We Need To Get The Chemistry Right? There was a fascinating article published by Reuters and others yesterday concerning gambling addiction. Whilst musing over the results the synergy between gambling and trading becomes obvious. The question that many of us have asked; "am I cut out […]
Are Forex Traders Born And Not Made? Read More »
Fundamental analysis of a business involves analysing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest rates, production, earnings, and management. When analysing a stock, futures contract, or currency using fundamental analysis there
Fundamentalism For The Forex Trader Read More »
There’s another similar phrase that describes the folly of waiting for your pre-determined price to be hit before you close the trade, it ends with the word tick, I’m sure readers can deduce the rhyming word used for self admonishment that would accompany the word “tick”.. It’s a common scenario that happens to the best
Don't Let The Forex Trade Slip For The Sake Of A Pip Read More »
What Can A Forex Trading Mentor Teach You That You Don’t Already Know, Or Can’t Learn Very Quickly? There’s been a significant movement on the internet lately, paid mentorship programmes for FX traders are being heavily promoted. I have my suspicions that it’s followed a pattern; high influx of traders entering the market from 2008-2009
What Can A Forex Trading Mentor Teach You Read More »
“Who really cares where price is, as long as price gets somewhere..” What’s that phrase, “only monkeys pick bottoms”? I’m not sure what the equivalent is for “picking tops” but often monkeys are seen grooming each other in their groups by picking out insects in each others head hair. I mean no offence to monkeys,
FX Punches In Bunches Read More »
Is there any difference between having a normal stop loss order, or trading with a ‘margin call’ stop? After all your position gets liquidated when you want it to be.. Is there any such thing as trading without a stop loss order? They can be hard physical stops or mental, but they’re always there, because
Don't Be Mental With Your Stops Read More »
Have you, No? Me neither, so why do so many traders still insist on trading without stop losses? To be frank I shouldn’t get involved in discussions over stop losses as you eventually reach that polarised and prejudiced viewpoint of no return. You think that you’re right, someone else will swear black is white. Now
Have You Ever Been 100% Certain Over A Forex Trade? Read More »
There’s been some fascinating developments in the world of Yoga in the USA lately. As with many activities and pastimes they move in phases and, using our trading terms, yoga broke out of it’s tight range a couple of years back and has stayed above the 200 MA ever since. Yoga is very popular in
“So what’s your edge then?” is a question I’ve been asked in the past when sharing online, or face to face, conversations with currency traders. The first time I came across the phrase “the edge” in relation to trading I wasn’t sure what the meaning was and even now (some years later after first encountering
Defining An Edge In Forex Trading Read More »
I hope you’re OK reader, after all that must have come as quite a shock. Now you’ve picked yourself up the floor, after reading the article title, which is a fact (well kinda), we’ll dwell on the subject at hand; why do so many lose at trading forex and what are the adjustments so many
39% Of Forex Traders Are Profitable Read More »
