Forex Trading Articles

Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices

Forex Articles - Drawdown Quick Draw

Be Quick on the Draw in Order to Draw a Line Under Your Drawdown

The word "drawdown" is one, (if not the most), negative words used in the trading industry. Despite the inevitability of us experiencing drawdowns during our trading career its symmetric relationship with the words "failure" and "loss" make it a difficult concept to contend with. It not only 'hurts' the trader's account, but also inflicts psychological […]

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Forex Articles - Fibonacci, Voodoo or Juju

Voodoo or Juju? The Mystical Nature of Fibonacci

Like followers of religious cults there are traders and analysts utterly devoted to their views on certain indicators or patterns. There is one 'indicator' that, irrespective of its proficiency, manages to capture your imagination far more than those invented in the late twentieth century by esteemed mathematicians and statisticians. This indicator pre dates, by some

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Forex Articles - Schadenfreude

Schadenfreude

Schadenfreude can be described as deriving pleasure from the misfortune of others. This German word has no real direct comparison or translation in the English language. We could extend this word and it's meaning to trading. As traders we fully accept that, to all intents and purposes, our industry and profession is a 'zero sum

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