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NewsAndrew Prochnow

Andrew Prochnow

Analyst, Chicago

Andrew Prochnow has more than 15 years of experience trading the global financial markets, including 10 years as a professional options trader. His interest in currency markets was shaped by his experiences living and traveling across Asia, Europe and Africa.

Follow:
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Apr 22, 2025
How to Pick a Position Size in Forex Trading

Learn effective forex position sizing strategies to manage risk, protect your capital, and maximize potential gains.

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Apr 1, 2025
Commodity Currencies: What They Are & How to Trade Them

Learn how commodity currencies like CAD, AUD, and CHF are influenced by oil, metals, and agriculture. Learn how to trade commodity currencies.

Oil rigs
Mar 19, 2025
USD and Oil: Are Dollar and Oil Prices Correlated?

Are USD and oil prices correlated? Understand the relationship between the price of the US Dollar, why oil is traded in dollar and how the prices are impacted.

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tastyfx, LLC (“tastyfx”) is a Commodity Futures Trading Commission (“CFTC”) registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association (“NFA”) (NFA ID 0509630). Any information presented by tastyfx should be construed as market commentary, merely observing economic, political, and market conditions. Factual information believed to be reliable was used to formulate these statements of opinion and the accuracy, completeness, adequacy or timeliness of the content is not warranted nor guaranteed. This content is made available for informational purposes only and should not be construed as a solicitation or a recommendation to trade. It is not an offer to buy or sell an off-exchange foreign currency contract, exchange traded futures contract, option on a futures contract, or security

Past performance is not necessarily indicative of future results. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. Losses can exceed deposits. We advise you to carefully consider whether trading is appropriate for you based upon your personal circumstances as you may lose more than you invest. The information presented does not take into account your particular investment objectives, financial situation and/or needs and is not a substitute for obtaining professional advice from a qualified person, firm, or corporation, where required. You are advised to perform an independent investigation of any transaction you intend to execute in order to ensure that transaction is suitable for you. Information presented by tastyfx should not be construed nor interpreted as financial advice.

tastyfx is not a registered broker-dealer with the Securities and Exchange Commission (SEC), a member of the Financial Industry Regulatory Authority (FINRA), or a member of the Securities Investor Protection Corporation (SIPC).

tastyfx is an affiliate company of tastytrade, Inc. and tastylive, Inc. through common ownership of IG US Holdings, Inc. tastyfx, tastytrade, Inc., and tastylive, Inc. are separate legal entities that are not responsible for each other’s products, services, or policies.


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