Forex Trading and Miscellaneous | Forex Trading Blog - Forex News, Articles and Market Analysis

Forex Trading Articles - Godwins Law and Forex Indicators

Beware the Godwin's Law by Proxy When Discussing Indicators in Forex Trading

Godwin’s law is a humorous observation made by Mike Godwin that has become an Internet adage. It states: “As an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches”. Godwin observed that, given enough time, in any online discussion, regardless of topic or scope, someone inevitably criticises some point made […]

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Psychology in Forex Trading

Forex Trading and Miscellaneous

We’ve covered the subject of the 3Ms many times – money management, mind and method. The money management aspect of trading, or position sizing was discussed in a recent article on this FXCC blog. Method, otherwise known as the strategy or technique you employ; mechanical, discretionary or a combination of both, will increasingly feature on

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Forex Trading Articles - Learning to Win

Thinking Like Winners to Win at Trading

Forex Trading and Miscellaneous

It can be difficult ‘switching off’ from forex trading given that it’s a twenty four hour industry. Fortunately we get to work ‘office hours’, albeit those office hours extend from London – New York – Tokyo, a punishing 18-20 hour office day. But we do have our weekends to recuperate, Friday evening until Sunday evening/Monday

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The Business of Trading

Forex Trading and Miscellaneous

There’s a comedian in the UK called Frank Skinner, he tells a great story of walking through London’s China Town one late summer evening. Amongst all the restaurants he sees a sign in the window of a boarded up shop, the sign is for a new Chinese restaurant, “New Chinese restaurant opening Autumn!!”. He chuckles

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Forex Trading Articles - Forex Trading Room

Forex Trading Rooms and The Double Jeopardy Issue of Latency

Forex Trading and Miscellaneous

There comes a time in every forex trader’s initial development when you’ll eventually consider the option of paying for a trading room membership. The idea usually germinates as a consequence of a trading lull; you may be looking for a new direction having lost your way, or in need of company and given the isolation

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Forex Trading Articles - Forex Autopilot Trading

Flying Auto Pilot – Choosing to Use Expert Advisors (EAs) to Trade on Meta Trader

Forex Trading and Miscellaneous

There comes a time, early on in the fledgling career of most forex traders, when thoughts will eventually turn to automation. The trader will have a ‘Eureka’ moment which generally manifests after the trader has internet ‘chatter’ with other traders with regards to using robots or EAs in order to automate trading. On first inspection

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Forex Trading Articles - Steps of Trader Development

Thirty Eight Steps on the Snakes and Ladders of Trading Success

Forex Trading and Miscellaneous

When you take the first steps onto the trading ladder you could be forgiven for believing it’s a very straight forward process; open an account>trade>make money>learn>make a few mistakes>trade>make money>learn>make a few mistakes…one thing most traders can agree on is that trading is not what we expected it would be at the outset of our

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Ganbatte – Nana Korobi Ya Oki

Forex Trading and Miscellaneous

I can't lift heavy weights anymore, actually that needs re-phrasing, I could, but I've made the conscious choice not to. Once I passed forty I gradually came to the realisation and took the decision that any potential ongoing damage to my body was not worth the continued effort. What seemed like permanent back strain just

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Stuck In A Moment

Forex Trading and Miscellaneous

So you're deep in the jaws of a drawdown and you sit there staring at the monitor wondering; "how did I get here?" You look at the charts, the account balance, back to the charts, the account balance and then the reality hits; it's gone, it ain't coming back and it'll take a real fight

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Brother, Can You Spare A Dime?

Forex Trading and Miscellaneous

"They used to tell me I was building a dream, and so I followed the mob, When there was earth to plow, or guns to bear, I was always there right on the job. They used to tell me I was building a dream, with peace and glory ahead, Why should I be standing in

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