Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
There are a lot of economic indicators and forex news events that influence currency markets, and new traders need to learn about them. If new traders can quickly learn which data to watch out for, what it means, and how to trade it, they will soon become more profitable and set themselves up for long-term […]
4 Forex News Events You Need To Know Read More »
A Currency Strength Meter Indicator prevents unnecessary hedging and double exposure and determines your trade’s risk level. How does the currency strength meter work? If you are still getting familiar with what currency meters do – they compare all 28 crosses between the main currencies in the Forex market (USD, GBP, EUR, CHF, JPY, CAD,
Currency Strength Meter – The Truth Revealed Read More »
In Forex trading, scalping strategies allow traders to take advantage of small price changes to turn trends in their favor. They expose traders to less risk and allow them to trade short-term trends. Our article will explain everything you need to know about low-spread scalping. What are low-spread scalping strategies? Low-spread scalping strategies provide traders
Scalping Strategies with Low Spreads for Forex Traders Read More »
Forex traders must consider various potential indicators to determine the best strategy for a currency pair. One of the most important aspects of defining a strategy is how volatility affects the currency pairs. The Forex charts show periods of little price movement followed by sharp spikes and selloffs, which traders can use to fine-tune their
What Are The Most Volatile Forex Pairs? Read More »
Trading forex can be a complicated process. It is a complicated process largely due to the innumerable factors involved in the market. However, human emotion such as greed and fear further complicates the situation. Let’s look at how forex trading systems simplify Forex trading for everyone. Five principles lie at the core of most successful
Trading Systems for Forex: 5 Principles Read More »
Doji Candles are candlestick patterns used to analyze trend reversals on the market. To place successful forex trades, traders can examine past price movements using the Doji candlestick to forecast future prices. You can use Doji Candlestick patterns to confirm a potential high or low price point by comparing a currency pair’s open and close
The Doji Candlestick Pattern: How to Trade It Read More »
A Relative Vigor Index (RVI) indicates a trend’s strength and confirms overbought, oversold, and divergence signals in forex trading. We will discuss the Relative Vigor Index in depth in this article. What is the Relative Vigor Index? A relative vigor index is a momentum indicator that identifies strengths and weaknesses of current trends by comparing
Forex Relative Vigor Index: How to Use It Read More »
It is common to see the term short selling in the news. It is a tactic commonly used by well-known investors. They also share their shorted shares publicly, which leads to many retail investors following their lead. The fact remains, however, that short selling is dangerous, and retail investors should avoid it. While it may
How Can Short Selling Be Dangerous? Read More »
According to Warren Buffet, fundamental analysis is the Holy Grail of investors. He claimed to have amassed his fortune using it. People who revere him vouch for the effectiveness of this approach. The media has also been singing its praises. In reality, most Forex traders do not follow fundamental analysis. Even though many of them
Forex Fundamental Analysis: 5 Reasons It Doesn’t Work? Read More »
Investment, trading accounts, or fund drawdowns are defined as declines from a peak to a trough during a period. A drawdown measures the historical risk of different investments, fund performance, or trading performance. Usually, it calculates as a percentage of the peak to the subsequent trough. In the case of a $10,000 trading account with
Defining Drawdown & Controlling It What is Drawdown? Read More »
