Podcast
Let’s Talk Forex with Alison and Chris
Hosted by FxScouts · EN
The FXScouts podcast helps beginner Forex traders get the best start to their trading careers. With years of experience in the world of Forex trading and writing broker reviews, we have unique insight into how to start trading, tips and tricks, and advanced trading strategies. Traders can learn from our experience and make better financial decisions. We cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.
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.
11episodes
Episodes
Newest firstAll episodes
Sharpen Your Trading Strategy with the Power of Asset Correlation
Sep 27, 202300:16:52Tap to summarizeAsset correlation is the degree that financial assets, such as Forex pairs or commodities move in relation to one another. Two assets that move in the same direction are positively correlated, while those that move in opposite directions are negatively correlated. Understanding how asset correlation works is a very important step in building a trading portfolio. Links mentioned in this episode: Pepperstone: Smart Trader Tools https://fxscouts.com/broker/pepperstone/ Vantage: Smart Trader Tools https://fxscouts.com/broker/vantagefx/ Axi: MT4 NexGen https://fxscouts.com/broker/axitrader/ FP Markets: MT4 Trader Toolbox https://fxscouts.com/broker/fpmarkets/ Admirals: MT4 Supreme Edition https://fxscouts.com/broker/admiral/ 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.
Transcribe →Channels: Never miss a trend with these powerful indicators
Sep 20, 202300:16:08Tap to summarizeOne 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.za/news/outlook-grim-for-the-rand-as-fundamentals-converge/ 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.
Transcribe →Predict the Market: How do Inflation and Interest Rates Affect Forex prices?
Sep 13, 202300:16:02Tap to summarizeThey'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 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.
Transcribe →Beginner’s Guide to Choosing a Forex Broker
Sep 6, 202300:19:48Tap to summarizeTrading 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 few links as mentioned in this episode: https://fxscouts.com/forex-brokers/brokers-for-beginners/ https://fxscouts.com/broker/avatrade/ https://fxscouts.com/broker/xtb/ https://fxscouts.com/broker/pepperstone/ https://youtu.be/cyhsuFPpzd4 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.
Transcribe →From Broke to Brilliant - An inside look at FxScouts
Aug 30, 202300:29:41Tap to summarizeA 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 to guide the company. Read more about FxScouts here: https://fxscouts.com/about-us/ 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.
Transcribe →Back for Season 3: Summer Market Moves and Looking Ahead
Aug 23, 202300:11:08Tap to summarizeIn 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. 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.
Transcribe →Season Finale: How Much do Forex Traders Make?
Jun 28, 202300:21:19Tap to summarizeTo 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 episodes from Season 1 and 2. Here is a link to a tutorial about spreads as mentioned in this episode: https://youtu.be/Mi-r3koRjE0
Transcribe →Why the MACD is a vital tool in your trading toolbox
Jun 21, 202300:16:27Tap to summarizeThe 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's podcast we will discuss how the MACD is used, and provide some tips on how to take full advantage of the indicator. Watch the video here: https://youtu.be/8pv9v3newaA Link to how to videos about candlesticks as mentioned in this episode: https://youtu.be/8TNNPXTAiaU https://youtu.be/4bL9JzY5zN0
Transcribe →The Basics of Fundamental Analysis
Jun 14, 202300:23:12Tap to summarizeFundamental 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-calendar/
Transcribe →Price Action Trading
Jun 7, 202300:15:41Tap to summarizePrice 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/
Transcribe →