Let’s Talk Forex with Alison and Chris

One of the easiest technical analysis tools to learn and use, channels are simple but powerful trend indicators. This week, Chris and Alison discuss how to use channels correctly to find the best trade entries and exits, how to increase their accuracy with other technical analysis tools, and the common pitfalls to avoid.   Link to the page discussed at the end of this episode: https://fxscouts.co....

They've been driving the Forex market all year, but how exactly do inflation and interest rates impact Forex prices? In this episode Alison and Chris take a close look at the relationship between higher prices in the shops, central banks, and the Forex market volatility we have seen in 2023.   DISCLAIMER 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you un...

Trading is not easy, especially when you are starting out. There is so much to learn, from trading terminology to charting to trading platforms, and performing fundamental and technical analysis. Many beginners also don’t know how to tell the difference between a good broker and a bad broker. In this episode, Alison and Chris cover everything you should look for in a broker when you start trading....

A special episode this week as Alison and Chris chat with the Directors of FxScouts, Malin Cammack and Björn Michels. Learn how the company started, how we maintain our independence, and why an ethical approach to Forex trading is at the heart of everything we do. Malin and Björn also share how the loss of a beloved colleague and partner has provided a legacy of moral responsibility that continues...

In this all-new episode, Alison and Chris recap the market highlights over the summer: from interest rates hikes and cooling inflation to the crypto crash. New episodes will be out every week from now on, so there’s also a discussion of what’s in store for Season 3 of Let’s Talk Forex. FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you...

To close out the season, Alison and Chris take a deep dive into how much money Forex traders actually make. They discuss the difference in earnings between institutional traders and retail traders and then take a closer look at some of the very best traders in the world. Thank you for tuning in this season, we will be back again mid-August. In the meantime, have a listen to one of our other 55 epi...

The Moving Average Convergence Divergence (MACD) is a vital tool in a trader's toolbox due to its ability to combine elements of both trend and momentum indicators, providing valuable insight into potential buy and sell points. Its versatility across various timeframes and markets, coupled with its ease of interpretation, makes it popular among beginners and experienced traders alike. In this week...

Fundamental analysis is a critical component of trading decisions. It provides an understanding of the driving forces behind market fluctuations, including economic, financial, and geopolitical factors. In this episode, we provide an overview of fundamental analysis and real examples of how changes in fundamentals can quickly transform the market. Economic calendar: https://fxscouts.com/economic-c...

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://fxsco...

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 a...

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 DISCL...

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...

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 u...

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 trader...

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 wor...

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 t...

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...

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...

The Non-farm Payroll (NFP) report is one of America’s most important economic announcements and affects everything from the Fed’s interest rate policy to the price of gold. In this episode we cover the importance of the NFP and how it can be traded. For more information on trading the EUR/USD: https://fxscouts.com/currency_pair/eurusd/ For more information on the latest interest rate hike: https:/...

Timeframes may not seem like the most exciting topic, but understanding how to use them correctly is essential for all Forex traders. This week, Alison and Chris discuss which timeframes are best for your trading style and how to use multiple timeframe analysis to reduce your risk and make better trading decisions. FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. Yo...

An expert advisor is basically a piece of software designed to execute a trading strategy. In this episode we cover how they work, why people use them, and how they differ between platforms. Enjoy! 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 los...

This week Alison and Chris are joined by Chris Weston, Head of Research at Pepperstone. A former trader with 20 years’ experience in the industry, Chris discusses how to create a rules-based trading plan and shares inspirational tips and strategies from his own vast knowledge of the trading world. Our Pepperstone Review:  https://fxscouts.com/broker/pepperstone/ Sign up to The Daily Fix with Chris...

The VIX was created by the Chicago Board Options Exchange in 1993 to measure stock market volatility, specifically volatility in the S&P 500 index. The VIX is often called the “fear index” because when the VIX rises, stock markets tend to crash. In this episode we explain how traders can use it to hedge against falling stocks and how it is traded as a CFD instrument. Learn more about the VIX h...

Do you know which trading platform works best for you? This week, Alison and Chris take a close look at MT4, MT5 and cTrader and discuss why each one suits a different type of trader. Tune in to find out which one will fit you best and how your choice will impact your trading. Learn more about why Apple banned MT4 and MT5 from the App Store here: https://fxscouts.com/app-store-takedown-highlights-...

In the second part of our series on psychology in trading, Alison and Chris chat about market psychology, also called behavioural economics. While markets may seem rational and driven by fundamentals, they are often upended by herd mentality and other irrational factors which can drive prices in unexpected directions.   Useful links: Previous Episode with HFM’s analysts: https://open.spotify.com/e...