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Profiting With Forex (PFX) started as the fulfillment of a promise made in the book, Profiting With Forex. There are so many books and sites out there that offer information and education around the forex, but we wanted to make sure traders could take the principles we offered, and apply them in the actual market.

The PFX site (www.PFXGlobal.com) is designed to give you straight-forward and applicable information that you can use in your trading today, and forever." In this blog, we will include education articles and regular commentary.

*No warranties or guarantees are made with respect to the content contained herein. The website and the guests on this site do not take into account the investment objectives, financial situation or particular needs of any particular person. The advice and trading ideas provided on this website are for informational purposes only and are not intended as a trading ideas. Under no circumstances does any advice or trading idea contained herein constitute a solicitation to buy and sell currencies. We do not endorse and cannot vouch for any of the guest traders on this site.

Using Fibonacci Analysis - Part One Posted 01-06-2009 at 12:10 AM by LearningMarkets.com Written by John Jagerson | Forex Technicals Here we go! What in the world is Fibonacci Analysis? This is a technical tool available to new or experienced investors regardless of your trading time horizon or market of choice. Fibonacci analysis is a way to forecast levels of support and resistance and project price targets. It can be used to set stops as well as timing entries, however, the most valuable information is what it can tell us about risk. In this lesson we will be introducing a few of the tactical concepts and tips you will need for this course. Fibonacci Concepts What are the ratios and how are they used? I will spare you the long, historical (and mostly... Continue reading... LearningMarkets.com Special Guest Trader

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Doing Due Diligence on Your Forex Broker - Part One Posted 12-29-2008 at 09:08 PM by LearningMarkets.com Written by John Jagerson Forex Dealers and Brokers Recently there have been changes made to the regulatory and capitalization requirements needed to be a forex dealer. The intent of these new regulations are to help reduce the prevalence of poorly run, over-the-counter forex dealers often called "bucket shops". Currently the net capitalization requirements have been increased to $5,000,000 minimum and many traders have reevaluating their dealer based on those new requirements. Capitalization is only one of many ways that a forex dealer can be evaluated. Performing "due diligence" on a broker or dealer is important because the failure of one of these firms can be catastrophic to a trader's... Continue reading... LearningMarkets.com Special Guest Trader

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The Commitment of Traders (COT) Report - Part One Posted 12-23-2008 at 12:55 AM by LearningMarkets.com Written by John Jagerson Forex Technicals The commitment of traders report or "COT report" is a great analytical tool for traders in any market because it provides up to date information about the trend and the strength of the commitment traders have towards that trend. The CFTC (Commodity Futures Trading Commission) maintains the COT report and releases new numbers each Friday. It is free information and once you know what you are looking at - it can be extremely helpful. COT report The COT report shows the net long or short positions for each available futures contract for three different types of traders. Of the three types of traders, we pay attention to the type that are most like an individual... Continue reading... LearningMarkets.com Special Guest Trader

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The Case for a Stronger Dollar Posted 12-19-2008 at 03:59 PM by LearningMarkets.com Forex Fundamental Analysis There are no shortages of cheerleaders for short dollar positions, however, I think there may be some misplaced enthusiasm for this trade. There are still fundamentals pointing towards a strong USD in the near term. This means that the current rally in the EUR/USD could be nothing more than a bull trap and traders should beware. stronger dollar There are several reasons I am suggesting that the real trading opportunity right now in the currency market may be towards a bullish correction on the USD. CLICK HERE to view the video The ECB is fighting a stronger euro by lowering the overnight rate. This could slow the flood of cash into the EUR by making euro deposits ... Continue reading... LearningMarkets.com Special Guest Trader

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