Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
After practicing an overlapping drill last Friday with my football youth team I reminded one of the seventeen year olds, who I’ve known and coached since the age of five, that the first time we did this drill he was seven. In fact his memory of the drill proved better than mine and he performed […]
The four corners of trader development Read More »
Is there a better way to trade the forex markets? Well Yes there is and it goes by the name of ECN forex. One of the biggest trends in the world of currency exchange has been toward an ECN forex environment or Electronic Communication Network. Loosely defined, an ECN forex broker is a bridge between
Use a dealing desk forex broker and at some stage you’ll probably start to notice a strange pattern emerging. Stuff that just doesn’t make any sense at all, repeated over and over again till it becomes more or less the accepted norm. This is what we mean by the weird and wonderful world of forex.
The Weird and Wonderful World of Forex Read More »
The traditional forex broker tends to be based on a dealing desk model. Dealing desk brokers take actual positions on the markets and in many cases will actually take the opposite position to a client’s position. Effectively, taking opposite positions means your profits are the brokers loss. Flip that around a bit and your losses
