Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
Despite unemployment in the U.K. falling to multi decade lows of 3.9%, as revealed by the figures released by the ONS on Tuesday May 14th, the lack of actual employment growth in the U.K. is of concern to analysts, as it may indicate several issues. Many analysts will simply ignore and move past the standard […]
Your FX trading will move through natural stages, as you experience a form of trading evolution, during your early months and years. Upon first discovering the retail trading industry, you’ll trade manually, whilst you familiarise yourself with the complexity of all that’s involved. Eventually and perhaps inevitably, your thoughts will turn to the potential benefits
Moving from manual trading to automated, how to take the first steps. Read More »
Despite the USA applying 25% tariffs on $200b of Chinese imports from Friday May 14th, with China responding by attaching tariffs of up to 25% on $65b of USA goods, analysts and political commentators are hopeful that at June’s G20 meeting, Trump and Chinese leader Xi could reach a consensus and compromise. Analysts remain confident
Identifying what are market trends is a highly subjective issue and discussion point, amongst the trading community. Although the definition of what a trend actually is will vary, depending on who you correspond with, most experienced traders will testify that trends should be measured over weeks and perhaps months, not individual trading sessions, or days.
Can the trend still be your friend, on several time frames? Read More »
The Aussie dollar fell versus its peers during the Sydney-Asian session, after the Trump administration ratcheted up the trade war rhetoric versus China and Chinese officials stood firm, suggesting they’d offered enough concessions to the USA, but weren’t prepared to shift further. President Trump took to social media over the weekend to reconfirm the USA
It’s a natural tendency to be impatient, when you first discover forex trading. You’re in an enthusiastic rush to take on board all the information, whilst your inquisitive nature will encourage you to roll your sleeves up and experiment with many concepts, that are both unique and new to you. Nothing can prepare you for
It’s often stated that “patience is a virtue”, in FX trading it’s essential. Read More »
The economic calendar on Monday begins with home loans and investment loans data for Australia, early in the Sydney-Asian session, readings which may impact on the value of the Aussie dollar, a ripple effect which could continue into the London-European session. A member of the Australian central bank will speak on a committee at 8:00am
Despite the technical application of up to 25% tariffs on Chinese imports into USA ports, from midnight USA time, on Friday May 10th, Chinese equity markets rose during the Asian trading session. As to whether the rise is a moderate relief rally now the threats have become reality, or Asian market investors expect a resolution
U.S. equity indices recovered late on in the New York session, as President Trump rowed back from his threat to apply tariffs, of up to 25% on Chinese imports, starting from Friday May 10th. After the DJIA had plunged by over 400 points during the early part of the session, as price crashed through the
During the early months and years of your trading journey and evolution, as you’re experimenting and exploring the full range of trading opportunities, you’ll commit many of the trading mistakes, all experienced and successful traders will testify to. You’ll trade from an undercapitalised account, apply too much leverage, receive margin calls, overtrade, revenge trade and
