FXCM Expo » Get Started in Forex

Developing a Trading Plan | FXCM Expo 2011

Ilya Spivak — Tue, 03 Jan 2012 16:00:32 +0000

This seminar will cover the steps involved in taking a trade idea from concept to open position. Key topics include:
- Position sizing / leverage
- Timing – Time frame (how long to hold a position?)
- How to establish risk/reward parameters and when
- Choosing appropriate currency pair
- Managing open exposure

Any opinions, analyses, prices, or other information contained on this website and/or videos are provided solely for educational purposes and should not in any way be construed as investment advice. One should not rely on the content or policies discussed as they may differ with regards to the entity that one is trading with. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All content was recorded between September 9 and September 11, 2011 and as such, statistical and financial information displayed and/or discussed within these videos and/or presentation slides may differ from what it is at present. Regulatory changes may deem some of the content outdated and account settings may differ from what is displayed and/or discussed herein.

3 Basic Trading Strategies : MACD, Candlesticks, and News Trading | FXCM Expo 2011

Richard Krivo — Wed, 07 Dec 2011 18:42:59 +0000

This session is designed for any trader who is looking for basic, straightforward trading strategies that can be implemented in a variety of market conditions. Each participant will be provided three strategies and the market conditions they are designed for. Whether it is a strategy for trading the news, a price breakout based on a candlestick pattern or using a MACD crossover on a two hour chart to determine an entry , this session is designed to provide the participants with three strategies that can be put to use.

Chart Reading 101 | FXCM Expo 2011

Richard Krivo — Wed, 07 Dec 2011 18:32:25 +0000

The Chart Reading 101 presentation takes a look at a simple, yet proven approach to interpreting charts. We will first take a look at how using charts can identify which currency pair may offer a solid trading opportunity. Then we’ll look at a couple of ways to trade that opportunity. This presentation is designed for new forex traders and also for those experienced traders in other markets who are new to forex trading.

Top Five Market Moving Events | FXCM Expo 2011

David Song — Tue, 06 Dec 2011 22:09:45 +0000

During normal market conditions, shifts in government policy paired with economic developments tend to drive price action in the currency market. Identifying major economic releases allows FX traders to take advantage of market volatility, and helps to evaluate the medium to long-term outlook for a country’s currency. David Song will classify the events that have historically produced a noteworthy reaction in the currency market, and will highlight the implications of these developments.

Simplifying Technical Analysis | FXCM Expo 2011

Ilya Spivak — Tue, 06 Dec 2011 21:50:16 +0000

When many new traders first start using technical analysis, a common problem is “paralysis by analysis”: charts become cluttered with a plethora of indicators and overlays that point in opposing directions and make committing to trade decision next to impossible. This workshop will aim to rectify his problem by stripping technical analysis down to those techniques that use price itself as the only indicator, focusing on classic chart patterns and candlestick patterns.

Using Commodities (Gold & Oil) to Trade Currencies | FXCM Expo 2011

Walker England — Tue, 06 Dec 2011 21:34:02 +0000

Do you have an idea of where oil and gold are heading? Use your existing experience in other markets to supplement your currency trading. This class will explain how to translate your opinion on commodities into the currency market using correlations.

Trading Mistakes to Avoid | FXCM Expo 2011

Michael Boutros — Tue, 06 Dec 2011 20:32:18 +0000

Avoid the most common mistakes that pit advanced and beginner traders alike. Identifying these common mistakes, while concentrating on best practices, eliminates extraneous variables allowing you to focus purely on your analysis.

Moving from Stock Trading to Forex Trading | FXCM Expo 2011

Matthew Russell — Tue, 06 Dec 2011 20:15:02 +0000

Learn the key differences between trading the stock market the forex. Learn how to transition your stock trading skills into forex trading techniques. This workshop is designed for traders who may have started off trading equities and are transitioning a portion of their portfolio into forex.

Trading EUR/USD and the Majors with Fundamental and Technical Analysis | FXCM Expo 2011

John Kicklighter — Tue, 06 Dec 2011 19:57:49 +0000

Most traders would describe their approach to the market as purely technical or fundamental; but that is like reading half a book to understand the entire story. Learn what technical and fundamental analysis you should use as the foundation of your trading approach.

FXCM’s No Dealing Desk Advantage for Forex Trading

Zach Johnson — Mon, 03 Jan 2011 21:12:37 +0000

Learn How FXCM Executes Trades
Why Trade with FXCM?

Here’s how FXCM’s No Dealing Desk system works.

Liquidity Provider* Prices: Multiple liquidity providers feed prices to FXCM. Our Best Bid/ Offer Engine (BBOE), selects the best Buy price and the best Sell price, creating the best spread available. Next, FXCM automatically adds a markup to either side, typically about 1 pip on major currency pairs. This markup, which may vary based on account type and liquidity provider, is how FXCM makes money. The best spread available to FXCM plus markup is shown to our clients on their trading screens as a tradable price. FXCM may also receive compensation for order flow from its liquidity providers.

Straight Through Processing: The trader, Bill, decides to buy Euros. Bill’s order is sent though FXCM’s automated Straight-Through-Processing system and an exact matching order is sent from FXCM to the bank with the best Buy price. To the liquidity provider, all orders appear as Market Orders from FXCM and contain no information about the trader. Liquidity Providers cannot see Bill’s stops or limits.

Confirmation: The liquidity provider fills the order and confirms with FXCM. Confirmation is sent to Bill, and the order is complete. No matter how much profit or loss Bill makes on this trade, FXCM earns the same amount of money — that markup. FXCM may also receive compensation for order flow from its liquidity providers

The entire process is fast, automated, and fair.

* FXCM’s liquidity providers include global banks, financial institutions, prime brokers and other market makers.