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Weekend Deep Dive

Trend, Trendlines and Channels

In this Master Academy educational video and article, we are introducing the concept of Trend, Trendlines and Channels. What is Trend? Markets tend to move in a general direction or trend An Up Trend An up trend is a sequence of higher highs and higher lowsIn an up trend, price will rally to a high (peak), then sell off to a low (trough)A market in an up trend has each… Continued

Latest Analysis

Delta variant and supply chain concerns spark “risk off” moves

Published September 13, 2021 by: Steve Miley (The Market Chartist)

Macroeconomic/ geopolitical developments The ongoing global spread of the COVID-19 Delta variant and the concerns regarding the new Mu variant,… Continued

A quiet week on FX, but a positive on the US Dollar Index

Published September 13, 2021 by: Shaun Downey

US Dollar send positive signal (DXY forecast)Euro signals negative (EURUSD forecast)Aussie negative statement (AUDUSD forecast) Continued

ETX Capital issues press release on strong 2020 financial performance

Published September 9, 2021 by: FxExplained

Here we are going to look at the ETX Capital 2020 results, with the London-based broker experiencing a notable increase… Continued

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Education Videos

Fundamental Analysis

By: Steve Miley (The Market Chartist)

In this Master Academy educational video and article, we are looking at the basics of Fundamental Analysis. Fundamental Analysis There… Continued

Charts Patterns: Reversal Patterns

By: Steve Miley (The Market Chartist)

In this Master Academy educational video and article, we are looking at Charts Patterns, focusing on Reversal Patterns. Charts Patterns… Continued

Fundamental vs. Technical Analysis

By: Steve Miley (The Market Chartist)

In this Master Academy educational video and article, we are looking at the basics of the different approaches to analysing… Continued

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Learn how to trade Forex - Most Popular

Six Key Mistakes New Forex Traders Make (and How to Avoid Them)

By: Steve Miley (The Market Chartist)

Forex trading and other similar forms of financial markets trading, such as spread betting and Contract for Difference (CFD) trading have seen a surge in popularity in the 21st Century. And alongside this popularity has come a huge number of new traders, with little or no experiences of financial markets. Although many of these newbie traders do look to educate themselves, they still often fall… Continued

Trading in Volatile Markets

By: Steve Miley (The Market Chartist)

Success in trading is always a challenge and can be difficult even with vast experience and a solid, structured training plan, that has been built over time and tested. However, when markets shift to a more volatile phase, even the most experienced trader or investor can find successful trading and investing extremely difficult. Here we are going to look at what an increase in volatility… Continued

Which markets should I trade? A deeper look at financial markets asset classes

By: Steve Miley (The Market Chartist)

We will look at: What are the major asset classes in financial markets? What are the Forex options? What do I need to know about trading the stock market? What are the pros and cons of trading stock indices? Should I consider trading the bond markets? What do I need to know to trade the commodity markets? What financial markets are ultimately better suited to… Continued

Which Forex markets and currencies should I trade?

By: Steve Miley (The Market Chartist)

We will look at: What are the major asset classes choices? Where to start with FX? Fundamental versus Technical Analysis The “FX Majors” Safe haven currencies “Risk” or commodity currencies Cross currency analysis Peripheral currencies and Emerging Markets What Forex markets are best suited to you? If you are relatively new to financial market trading then you will already have realized that the modern, Forex… Continued

Can being emotional ruin your trading career?

By: Bryce Willmott

In an ideal world, as traders we need to have an almost robotic mindset and become mechanical, unattached from the markets, dispassionate, and most importantly be able to make trading decisions without any emotions impacting decisions. However, there is one big problem with this – it is impossible! As humans we can’t NOT experience emotions, after all our emotions help define who we are. Let’s… Continued

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Top 6 brokers in your location

Broker	Pros	Features
Founded: 2007 Reg: FCA, Cy... HQ: UK, Cyp... 5/5 99/100	- Fast withdrawal - 0% commission on US stocks - Real Cryptos, Stocks - 2000+ assets - Copytrading - Social Trading - PayPal deposits possible - One Stop Shop	Min. Deposit: $50 Pairs Offered: 47 Leverage: 1:30 Withdrawal Process Time: Max 2 working days Trust Score: 99/100	Read eToro Review Free Demo Sign Up 67% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2006 Reg: Central... HQ: Ireland... 4.9/5 97/100	- Global regulated broker across 5 continents within 6 jurisdictions - Superior trading conditions for short selling/scalping - Ultra low spreads with fast and reliable order execution - Wide range of educational materials - Innovative trading mobile apps (AvaTradeGo, AvaOptions, AvaSocial)	Min. Deposit: $100 Pairs Offered: Over 1,000 (all instruments) Leverage: EU - Up to 30:1, Professional Client/ROW up to 400:1 Withdrawal Process Time: 1-2 business days. Trust Score: 97/100	Read AvaTrade Review Free Demo Sign Up 71% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 1989 Reg: FCA... HQ: United ... 4.8/5 95/100	- Regulated by FCA - Well Established Broker - Low Min. Deposit	Min. Deposit: $0 Pairs Offered: 340+ Leverage: Retail 1:30. Pro 1:500 Withdrawal Process Time: 3-5 days Trust Score: 95/100	Read CMC Markets Review Free Demo Sign Up 67% of retail investor accounts lose money
Founded: 2008 Reg: Plus500... HQ: Israel... 4.8/5 95/100	- Advanced risk management tools - 24/7 online support. - 2000+ instruments. - 30+ languages. - All devices. - 0 commissions. - Tight spreads.	Min. Deposit: $100 Pairs Offered: 70+ Leverage: 1:30 Withdrawal Process Time: 1-3 Business Days Trust Score: 95/100	Read Plus500 Review Free Demo Sign Up 72% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2002 Reg: FCA, Cy... HQ: London... 4.6/5 92/100	- 24/5 Customer Support - Negative Balance Protection - More than 1500 instruments - Cryptocurrency trading is available	Min. Deposit: $0 Pairs Offered: 49 Leverage: Up to 1:500 Withdrawal Process Time: 24-48 hours Trust Score: 92/100	Read XTB Review Free Demo Sign Up 82% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 1965 Reg: FCA, Cy... HQ: UK... 4.8/5 95/100	- FCA regulated - Trade 5,000 markets - Excellent Spread Betting - Super customer support	Min. Deposit: $100 Leverage: Variable Withdrawal Process Time: 1-5 days Trust Score: 95/100	Read ETX Review Free Demo Sign Up 73,18% of retail investor accounts lose money when trading CFDs with this provider.

What is FX Explained and why are you here?

Are you interested in Forex Trading and just do not know where to start?
Are you currently trading and struggling, finding it difficult to achieve consistent profits?
Do you not fully understand some of the language being used on other FX or Trading websites?
Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

Be a guide for you in how FX Trading works.
Offer trading tools that you can use in your everyday trading.
Provide a comprehensive knowledge base that you can draw on.
Help you decide who you should trade with and pick a Broker.
Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

Who are we? Read More Articles

Where forex trading begins

Where forex trading begins

Weekend Deep Dive

Trend, Trendlines and Channels

Latest Analysis

Delta variant and supply chain concerns spark “risk off” moves

A quiet week on FX, but a positive on the US Dollar Index

ETX Capital issues press release on strong 2020 financial performance

Education Videos

Fundamental Analysis

Charts Patterns: Reversal Patterns

Fundamental vs. Technical Analysis

Learn how to trade Forex - Most Popular

Six Key Mistakes New Forex Traders Make (and How to Avoid Them)

Trading in Volatile Markets

Which markets should I trade? A deeper look at financial markets asset classes

Which Forex markets and currencies should I trade?

Can being emotional ruin your trading career?

Top 6 brokers in your location

What is FX Explained and why are you here?

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