FX Education & Training

I have been receiving an ever increasing amount of emails for those of you interested in having dialog about Forex trading strategies. Of course you can email me at info@fxtradecentral.com. I have several sites with a different emphasis within the Forex Education and Training umbrella.FX Trade CentralThis is my mother ship Forex Education and Training website. The focus on this site is to provide...

Learn online forex trading - Shhhhhhhhh the market is quiet..Why??

Learn Online Forex Trading - The market is unusually quiet....Yes, the forex trading market is unusually quiet for the past 2 days.. Why?? Lets go through the dynamics of the forex trading market..Phase 1 -The forex trading market's direction is driven by the fundamental news primarily. So, lets say that US federal bank says that its going to hike interest rate..This means that USD will get...

The Impact of News Events, Part 2

As we mentioned in Part 1, fundamental news tends to adjust the technicals and these adjustments translates into potential trading opportunities on the Forex market. Give these facts it is important we use both fundamental and technical analysis in our approach to trading currencies.Fundamentals tend to be very inconsistent. This is why most traders, including myself, focus on the technicals. Fundamentals...

The Impact of News Events, Part 1

News is the Fuel.The Forex market is driven largely by world financial market and news, both of the domestic and international variety. There are a host of players on the international FX stage including businesses, hedge funds, governments, banks, consumers and of course us traders!By now I am sure you are wondering why a self-proclaimed technical trader is blogging about the news? After all isn’t...

Find Your Forex Niche

It is important to find the Forex strategy right for you! When I began learning to trade the Forex market I was introduced to intraday trading using 5-minute charts. I gained an understanding of the nuances of market movements and the importance of technicals tools, such as Simple/Exponential Moving Averages and Fibonacci. These proved to be valuable lessons coming from the options world.OK, truth...

Learn online forex trading - The market stopped me

Learn online forex trading - The market stopped me..what did I do??Remember about my online forex trade on USD/CHF? If not, please read my last two articles.I was looking good towards my target of 1.2270..I was at a point in 63 pips profit.Then the market turned and turned big..To be honest I didn't see that coming..It could have wiped my entire profits. But I guess I was bit smart, so I didn't...