FXConnection Coming Soon!

 Coming Soon!

Sign up for your trader profile now at www.learnfxc.com.

Who is FXC? 

FXConnection was created for those who are looking to learn how to trade or even improve their trading in the Forex market. We noticed that there is a great deal of information out there which can help you learn what Forex trading is, but none that really could provide guidance in your learning and improvement all online. At FXC we look to give traders the full learning experience through:

 Online Classroom         Group and Private Coaching      Social Trading

Our Goal

Our goal is to keep traders constantly improving and connected through learning, coaching, and social interaction. We believe these three aspects of our services will allow traders to create a strong foundation for trading or continue to build upon their current foundation. We want to help our clients to become  proficient and disciplined traders. At the end of the day, your success is our success.

What Now? 

Our website will launch in the early spring, but that doesn't mean you can't sign up for your FREE membership now at www.learnfxc.com. By doing this you will be able to stay current in updates for the launch of our site, in addition to our promotional offers. The first 100 people to signup will receive a 20% discount for any of our Course or Coaching Packages.

Create your Trader Profile now and Stay Connected! 

Struggling Trading Forex? Form A Trading Group!

Most beginning traders in Forex wipe out their account only to never trade again! So how can you avoid this? Start a Forex trading group!  There are four core reasons to start a group:

• To Stay Active in the Market: You can get depressed after a couple of trades that do not work out your way. Meeting with a group will remind you how awesome trading is. You will be able to feed of others success! 
• Improve Your Trading: You will be able to share your trading problems with others who may have overcome the same problem. 
• Focus Your Thinking: Do you ever find yourself getting stopped out of trades only to ask why you got in the trade in the first place? Be accountable to others by explaining your reasoning for getting in a specific trade. 
• Sharing is Caring:  Share strategies with others so that people can give your fresh perspectives on how to improve a strategy. Two heads are better than one. 

Coaching Tip Of The Week: Keep Trading Simple

Do you find yourself moving from strategy to strategy? If so, then maybe you are caught in the cycle of doom that so many traders are caught in. Many traders who are beginners in Forex constantly try new things that they read on the internet, books, Youtube, and magazines. There are searching for that “new thing” that will give them an edge on the market. Many of these traders believe that the more complex a strategy is the more pips they will be able to gain. However, in actual practice, successful Forex trading is relatively simple.

Trading is as much about money management as it is about a particular strategy or set of rules you follow. Bottom line:  A strategy is only as good as its trader.

In order to consistently win, you need to know your system, but more importantly – know yourself. The simpler your strategy is, the more likely you will be to make money with it. Your strategy should have detailed and definite rules for entry and exit. It should also include what pair(s) you will trade, what time of day you will trade, and what profit and draw down you expect.

Dollar Weaker Than Expected Due To Slow Start To US Holiday Season

The amount of of shoppers over the Black Friday weekend saw record highs, however, the amount of spending showed the first decline since 2009. American consumer spending has dropped almost 2.9% this season. What does this mean for the dollar? It does not have the strength that many think it does. This can be seen in the futures prices for the USD. It is in a down trend since the initial spike after Black Friday weekend!

Learn with FXConnection. Coming Soon!

FXConnection offers products & services that allow everyday people to learn how to trade, improve their trading, and stay connected in the Forex Markets through:

• Online Courses
• Coaching Services (1on1 and Group) 
• Social Profiles
• Social Analysis of the Markets
• and more!

 Learn the right way and Stay Connected  to the markets with FXC! Here is just a small part of what is to come. FXConnection coming soon 2014!

Where is the Market?

Are the markets all that randomized?  Some would argue that the markets move cyclically and oscillate essentially between different levels whereas others would argue that the market is based a lot off random movements, some by perception, other movements by different factors indirectly or directly affecting the economy.

The whole idea behind the fundamental and technical analysis is simple: take human emotions out of the equation and there shouldn't be any economic crises.  Sure, markets can get "unpredictable" and theories such as the Random Walk Hypothesis developed by Burton Malkiel at Princeton.  Essentially, he argues that the market is just as predictable in trending as the flipping of a coin.  Heads, well it looks like the market is up today; tails, we're down.  

There are many individuals that believe this theory, as I am sure, part of it is to be believed though are markets truly just all randomized movements?  Try arguing the Random Walk Hypothesis to Ralph Elliot, the creator of the Elliot Wave.

This strategy he developed, a strategy, is based on social behavior and places movements in the market based on this behavior.  It is a very simple strategy, impulse and corrective wave patterns.  Depending on the sequence and the occurrence of these waves, this tells the trader where the market may be residing at during one of the many stages or levels.  Its almost trying to predict the general location of the market, like Heisenburg's uncertainty principle, except for the market since the trader never fully knows where the exact placement of the market is in relation to the waves and when he does seem to know the market movement he doesn't know where it resides on the exact Elliot wave.

Needless to say, the Elliot Wave and similar strategies have been successful numerous times yet still the market has that twinge of uncertainty about it, whether it be the ECB announcing dovish policies for the Euro or the Fed's whole "To taper or not, that is the question."  The market has a certain level of plain, old-fashioned unpredictability to it and especially in highly-volatile, highly-liquid markets there is a larger element of risk that anyone should be aware of.

The markets are completely unpredictable as some would say, yet others would argue right back that not only are the markets sometimes predictable, but during those levels of predictability, profits can be made.  And those that do find accurate predictions, make a nice profit.