Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
UBS, the Swiss investment bank has lowered its 1-3 month forecasts for gold in expectation of a viable worldwide industrial recovery, particularly in America. The bank expects gold costs to average $1,550 in the following one month, just about 13% lower from a prior outlook of $1,775 per oz., even though it has reduced its […]
UBS Revises Gold Forecast Down Read More »
Gold regained some power this morning after a drop in the prior session attracted bargain hunters and bottom feeders, but a robust dollar and fading expectancies of more financial easing in the USA made the metal exposed to more selling. The physical market lacked activity as commercial users looked for a deal, while bullion holders
Gold Looking For A Bottom Read More »
Gold turned lower in yesterday’s session after stocks reversed gains and the US dollar rallied to the highest in more than a month, but some traders opted to remain on the sidelines before a US Fed Reserve (FOMC) meeting tomorrow, that might weigh on the shiny metal. Gold has risen more than 9% this year,
Gold Starts The Week Off Lower Read More »
Gold rose just about 1% on Thursday, following the Euro and US shares for a second day of gains, as positive market sentiment grew due to an anticipated conclusion of a Greece’s bond deal boosted financial markets generally. Gold traded up as Greece moved nearer to wrapping up its bond swap with PSI bond holders
Gold Could Get Its Glimmer Back Read More »
Trading in the foreign-exchange market (forex) relies on the same two basic forms of analysis that are used in the stock market, fundamental analysis and technical analysis. The use of technical analysis in forex reflects much the same as fundamental analysis; price reflects all news and the charts are the objects of analysis. Unlike companies
Forex Fundamentals, A Quick Reference Sheet Read More »
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 »
