Foreign Exchange Dealers Coalition (FXDC)
Re: CFTC Proposed Retail Forex Regulatory Changes
To Whom It May Concern.
My letter to you addresses both your concerns as well as the concerns of the CFTC.
I have read the complete script of the CFTF proposal and find a distinct lack of [...]
With approximately 3.2 trillion dollars of capital exchange per day, the Forex Market is the largest daily redistribution pool of capital in the world.
The Forex market contains two distinct groups of traders. To begin with, the difference between these two groups should be carefully understood.
GROUP ONE:
Group One has a [...]
This is a simple lesson that all of us need to drive deep into our consciousness:
Beware of Unidentified Flying Objects in the Forex Market….a.k.a Spikes…
What causes spikes?
These are two of the common reasons; Central Bank and Exporter Currency Repatriation as well as International Corporate Mergers and Acquisitions. When these [...]
Anyone trading the Forex is aware of Carry Trades and how the JPY crosses trend in one way and then reverse in the opposite direction all at the same time.
Why is this occurring?
There are specific ‘pip’ levels that are reached where day traders buying in these crosses take profits every day. [...]
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