Foreign Exchange

Forex Trading Psychology

26 August, 2017 - 09:17

Life is like a roller coaster with its many ups and downs, Trading is a similar ride. When we go through either one of this two experiences, we find ourselves going through a range of emotions, from excitement to fear, fear to hope. Hi, my name is James and I will like you to join me as we discover trading.

USD EUR Currency Pair


There are four fundamental determinants to the USD EUR Currency Pair Forex Exchange Rate

Four factors are identified as fundamental determinants of the real euro to dollar exchange rate: The international real interest rate differential; Relative prices in the traded and non-traded goods sectors; The real oil price; The relative fiscal position.

The basic theories underlying the dollar to euro exchange rate:

Law of One Price

In competitive markets free of transportation cost barriers to trade, identical products sold in different countries must sell at the same price when the prices are stated in terms of the same currency.

Actual Forex Trade – Post Interest Rate & Federal Budget


In this eBook we will have a look at two of my trades taken a week after the Australian Interest rate hike and during the week

The Australian dollar has been particularly active against the US dollar as of late. So what are the main forces behind the volatility in the Aussie dollar?

Forex = Stock Market on Steroids


I compare and discuss the differences between forex market trading and share market trading

To be honest I haven't been trading the stock markets for a while now. It's not because the markets are in a downturn at the moment it was simply a conscious decision to give the forex markets a go using the same technical indicators I use in the stock markets in an attempt to make similar returns or more. And after a few months of currency trading I’ve concluded that the forex markets are simply like the stock markets on steroids from a traders' perspective.

Forex Trading Hypothetical eBook


Forex Trading Hypothetical eBook For Your Downloading Pleasure

This is my second free trading ebook. Its about trading forex (again), but the same technical analysis prinicples are used in trading stocks - such as basic usage of support and resistance as well as trading channels are explored. In this eBook I look at a "trading hypothetical" - basically a trade that I didn't participate in, but I observed the characterstics of the trade. You can download your copy of the eBook here.

Forex Trading with CMC Markets


I was bored last night so I traded Forex with CMC markets using their Marketmaker platform

I trade both stocks and forex. I trade forex for profit, more more importantly to execrise my risk management discipline and keep my and technical analysis skills sharp - as the forex markets are mostly traded on a technical (besides the economic fundamentals that do affect these markets). So, when I was bored last night, I went to try out some forex trading using the CMC Marketmaker platform that CMC markets uses.

Foreign Exchange Reserves of the World: US, Australia, China, Japan


Foreign Exchange Reserve Holding Figures from US, Australia, China, Japan

Get ready to see some very large monetary figures thrown at you. Welcome to the world of Foreign Exchange Reserve Holdings for individual countries.

Last month (December 2005) the Reserve Bank of Australia held $56 billion worth of foreign exchange reserves.

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