Let’s Talk Forex with Alison and Chris

52. Price Action Trading

Price action trading is a trading methodology that relies on the interpretation of raw price movement rather than using technical indicators. Traders who employ this strategy focus on price charts and patterns to interpret and predict future price movements. In this podcast we cover the fundamentals of price action trading and how to use it.
Read more about Price action trading here: https://fxscouts.co.za/forex-education/what-is-price-action-trading/ 
 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

51. Top 10 Risk Management Tips

Most bad trades aren't due to a lack of experience, it's because most traders don't follow correct risk management. This week Alison and Chris run through their 10 essential tips for managing risk. Listen in and learn how to limit losses and increase your profits. 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

50. Timing is Everything: The best times to (and not to) trade Forex

Timing the Forex market is the key to success as a Forex trader because it impacts potential profits and risk exposure. By understanding and capitalising on the market's volatility, traders can aim to enter and exit positions at optimal price levels. In this podcast, we talk about the best times to trade on the Forex market.
Read more here: https://fxscouts.com/forex-trading-hours 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

49. The Fundamentals of Trading - Revisited

This week, we revisit our most listened to episode on the fundamentals of trading.
Over the past decade, Forex trading has exploded - anyone with a mobile phone and internet connection can trade on the Forex market. In this episode, we cover the basics of Forex trading, including what it is, what moves the markets, fundamental and technical analysis, and the risks of forex trading.
If you haven't yet listened to the previous episode, just scroll to our first ever episode where ever you are listening now :-)
Here is a link to more info on the economic calendar that Alison and Chris we talk about in this episode: https://fxscouts.com/economic-calendar/ 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

48. Average True Range: Measure volatility and minimise risk

The Average True Range (ATR) is an indicator that measures market volatility.  It's used in technical analysis and shows how much an asset's price moves, on average, during a given time frame. In this episode, we discuss how ATR works and how it can be applied to a trading strategy.
 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

47. The Relative Strength Index

The Relative Strength Index (RSI) measures the speed and magnitude of an asset's recent price changes to evaluate overbought or oversold conditions in the price of that asset. In this episode, we cover the basics of the RSI and how to use it.
Here is a link to the book mentioned in this episode: https://books.mec.biz/tmp/books/218XOTBWY3FEW2CT3EVR.PDF 
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

46. Bollinger Bands: Precision engineer your Forex trading with these powerful indicators

These simple but valuable indicators provide Forex traders with dynamic support and resistance levels AND show price momentum. This week Alison and Chris discuss how Bollinger Bands work and the pitfalls traders should avoid when using them.
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

45. Moving Averages: Read the market like a pro with these simple but powerful indicators

Many traders have their favourite technical indicators, and these indicators become part of their standard strategy. Moving averages (MAs) are used by the majority of traders for identifying trends and possible entry and exit points. In this episode we discuss what MAs are and how you can effectively incorporate them in a trading strategy.
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

44. Gold as a Safe Haven

Because Forex traders often seek out stable investments that can hedge against inflation, market instability, and other geopolitical factors, gold has become more popular than ever. In this episode we discuss what influences the price of gold and tips for trading the precious metal.
https://fxscouts.com/gold-trading-brokers
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
 

43. EUR/USD: Why is it a good Forex pair for Beginners?

With a daily trading volume of $1.3 trillion, the EUR/USD is the most traded currency pair in the world. This week, Alison and Chris discuss why it’s a good currency pair for beginners to trade, how global events impact its price movement, and why it’s so heavily traded.
https://fxscouts.com/currency_pair/eurusd/https://fxscouts.com/forex-education/eurusd/https://fxscouts.com/forex-education/non-farm-payroll-report
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.