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TradingFX With Derek Schimming Emerging As Forex Trading and Training Leaders


With the Traders First training and continuing education, the 24 Hour Online Trading Room and the state of the art Trading FX Charts software program, TradingFX, with Derek Schimming and his business partner Daniel Higley, offers distinct services for new and experienced forex traders says Virginia Reynolds, a partner of M and V Reynolds & Associates.

Virginia Reynolds continues: "Additionally, TradingFX is setting up a financial planning division, TFX Capital and TFX Advisory, a mutual fund advisory service. Along with their mainstream Forex and other planned services, Schimming and Higley show that they have the vision and ability to make TradingFX a major force in the financial services industry today”.

As a result increasing numbers of new and seasoned traders are gravitating to TradingFX for all their Forex trading and training needs.

Traders are supported by:

1 A sophisticated yet simple to use forex trading software program,

2 Hands on training and service that will help the trader become more consistent performers through the Trading FX Traders First Training Program,

3 Institutional Grade Direct Access Trade System with 24/5 online trade room, advanced strategy sessions, trader training classes interbank trade execution system and active trade calls during moderated live trading sessions,

4 TradingFX Charts which include forex range bar charts, point & figure charts, Renko and Kagi charts, modified US dollar index (USDX) and the TFXD Oscillator, and a currency strength index.

TradingFX’s currency strength index (CCYX) analyzes every currency pair and highlights the strength and weakness of each major currency in relation to the others. This allows the trader to track pairs which have the greatest potential, so that the trader can concentrate on the best trades where both currencies are moving the the desired direction of the trade.

TradingFX’s modified US Dollar Index (USDX) has been refined over time to yield an exact feel of the US Dollar’s strength or weakness against other currencies, providing a clear benefit to the trader.

TradingFX’s point & figure charts, amongst many other functions, provide specific entry and exit points, thus eliminating faults of keeping a bad trade too long or getting out of a profitable trade too soon. These charts work the same for both long and short positions where clear stop and profit targets are easily calculated before the trade with no guessing.

With technology and training being its core competencies, TradingFX connects the trader with more than 80 global banks and brokers through a major electronic trading network and deep liquidity pool. It provides true electronic trading, using the Currenex web based trading platform, with no human intervention, no dealing desk, no markups, free demo accounts and system training and setup guides.

To know more about TradingFX, go to


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