Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
The famed analyst and market technician Robert Prechter came across Ralph Elliott's work while working as a market technician at the investment bank Merrill Lynch. His prominence as a forecaster, during the bull market of the 1980s, brought the greatest exposure to Elliott's work. Prechter remains the most widely known Elliott analyst. Robert Prechter is […]
Elliot Wave Theory and the Madness of Crowds Read More »
A friend of mine is a director of a leading UK spread betting firm. He has every right to be incredibly proud of his and his company's achievements over the past two decades. That industry has also made massive strides to improve its quality of service and moreover the basic cost of doing business –
Spread the Word, Headline Forex Spreads can be Misleading Read More »
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
Voodoo or Juju? The Mystical Nature of Fibonacci Read More »
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
How economic literate are you? Some twenty years back as a bit of pre work 'fun', I set a small team of salesmen I was managing a pre work test. As with all our Wednesday sessions there was a prize at stake which always ensured a competitive edge to the quiz. The test had ten
Making Sure You Muse on Forex News Read More »
The 2011 film Contagion has been a relative hit with USA movie-goers. On the independent film peer review site rottentomatoes.com it's rated highly. There was a French film in 2009 also called contagion and the suspicion is that in the very best 'Hollywood tradition' the film industrial complex of America has taken a great foreign
Contagion – Don't Talk to Anyone, Don't Touch Anything Read More »
It's quite an experience being a neutral at a high profile football match. I was lucky enough to get tickets to watch the Community Shield*, the curtain raiser to the English football season held each August. Unlike previous visits to Wembley stadium, (particularly the old stadium), I had no nerves, I could sit back, relax
Amongst the hundreds of trading books available the subject of money management is hardly ever discussed, the predominant content of trading books usually consists of strategies, patterns, formulas..This pattern of content is repeated on forex trading forums. Look closely at the visitor numbers on the sub forum categories and you'll quickly discover that the main
Understanding Positive Expectancy in Forex Trading Read More »
Overtrading – the excessive buying and selling of securities by an investor in order to increase the probability of successful trades. Can the phenomena of over-trading be explained away by the singular use of a one line description, does this one sentence fully cater for all the nuances and complexity involved? It's suggested by many
The Misnomer of Over Trading and How It Differs from Impulsive Trading Read More »
There's been a subtle change on the high streets of the UK over recent years. Previously betting shops were mysterious smoke filled denizens where the errant uncle, father or grandfather wasted a proportion of his wages each week, (in between visits to the local pub), they're now clean, open inviting places offering a massive range
Is Forex Trading a Form of Gambling? Read More »
