Thu, Aug 13, 2020 @ 19:48 GMT

01 – How to Start Trading in 4 Easy Steps

1. Register with OctaFX by opening an account Having an account allows you to access your personal area on our website and to trade...

01 – How Does Forex Work?

How Does Forex Work? Forex trading is the simultaneous buying of one currency and selling of another These two currencies make up what is...

01 – Fundamental Analysis Overview

As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...

00 – A Beginner’s Guide to Technical Analysis

Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...

00 – Trading Psychology 101

Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...

01 – Welcome

Welcome to FxPro Trading Academy. If you're reading this you have decided to join one of the world's fastest growing online communities. Since the...
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What is Forex Trading?

There are some things that knock you for six when you hear them, and this is generally the case when one first encounters the foreign exchange markets, or 'forex' for short. Followed by the credit (debt) market (think US government bonds, notes and bills here), forex is the largest, most liquid market on the planet - an immense auction house which has a daily turnover of $5.1 trillion (according to the 2016 Triennial Central Bank Survey of FX and over-the-counter (OTC) derivatives markets). Forex is a globally decentralized marketplace, which simply means that there's no central exchange or physical location. It Operates around the clock five days a week, with the action beginning in Wellington, New Zealand and closing on Friday evening in New York, essentially allowing one to pick and choose when to trade.

Forex Trading vs. Equities, Commodities and More

Top Down not Bottom Up FX or Forex trading is one of the engines of global financial and economic systems. The decision by the United States...

Trading Safe Haven Assets

Where does money flow in times of financial stress and why? Safe haven assets are financial instruments or commodities that investors turn to in times...

Non-Farm Payrolls Explained

What is it? The Non-Farm Payroll is a monthly record of job creation (not including seasonal agricultural roles) in the USA. But the report also...

FX Currency Pairs: Majors, Minors, Pairs and Crosses

As with any discipline, the world of FX is full of technical terms and jargon, which to the uninitiated can seem a bit daunting...

5 Common Trading Mistakes and How to Avoid Them

Forex Trading is definitely not rocket science. Simple and subtle guidelines can allow aspiring traders to progress up the learning curve and become consistent in a relatively short period of time. These very guidelines have worked for centuries. Back in the early 1900s, Jesse Livermore used the exact same guidelines to make his fortune.

Strive for Excellence by Strengthening These 5 Skills When Trading

To become a successful forex trader, you should develop five crucial skills. Do you know what skills all successful forex traders have in common?...

Getting What You Really Want

I used to do an exercise in the Peak Performance 101 workshop entitled "Getting What You Want". The exercise starts out with a question:...

Five Simple Trading Lessons from Hell’s Kitchen

Hell's Kitchen, one of Chef Gordon Ramsay's many reality TV shows is quite an entertaining show to watch. Chefs face off to win a grand prize of running their own restaurants at the end. However, the path to success isn't easy as the contestants are truly put to hell. From having to deal with their peers to putting their differences aside and working as a team, Hell's Kitchen simply draws the viewer into it.

7 Hidden Biases and How They Hold Back Your Trading

Biases are like shortcuts for your brain. They can have an unusually large impact on how you make decisions in your everyday life, but particularly when it comes to your trading. To put it simply, your brain has a way of conserving energy by making fast decisions or mental shortcuts in what are known as heuristics.

Trading the Forex Market Using Bullish and Bearish Pennants

Observing sharp moves form in the foreign exchange market followed by periods of consolidation is common viewing. The problem traders have, though, is deciphering whether...

Exponential Moving Average Revealed

Like most indicators, it is very easy to apply on the price chart - you simply drag it onto the prices. Its interpretation is also fairly straightforward; buy above or sell below the moving average line. It's no wonder that so many technical traders, even fundamentalists, use it for their analysis and trading.

Best Forex Scalping Method

If you want to start scalping on Forex, you need to rethink your whole infrastructure. Step 1. Pick a Broker Scalping is different from casual day...

Scalping Strategies – What is Scalping?

What is Scalping? Scalping is a trading strategy that relies on making multiple trades over short-term time frames. The trader hopes to capture small profits...

Five Rules Around Managing Risk

Risk and reward are two sides of the same coin when it comes to trading the markets. In fact, taking on, managing and, where possible,...