Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Thursday, August 10th | Sponsored By | | |
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| | | | Cable (GBP/USD) is Testing a Key Inflection Point! | | | If you're looking for long-term trends to trade, then you'll definitely want to check out GBP/USD testing a key inflection point. What do you think of the setup? | | |
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| | | | | Is the Market in a "Risk-On" or "Risk-Off" Mood? | | | We're definitely in a risk-on mood today! Bookmark this tool so you can quickly check today's market sentiment. | | |
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| | | | | Trading Term of the Day: Whipsaw | | | A whipsaw is a slang term used by traders that describes the condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal. A trader is considered to be "whipsawed" when in a trade and the price is moving in one direction but then unexpectedly moves in the opposite direction. | | |
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| | | | How to Use Moving Average Crossovers to Enter Trades | | | You should also know that moving averages can help you determine when a trend is about to end and reverse. As trend traders, you want to recognize and ride the trend for as long as possible. You have to know when to get in AND when to get out. | | |
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| | | | | Trading Tomorrow's U.S. UoM Preliminary Consumer Sentiment | | | Tomorrow, we'll get a sneak peek at one of the earliest consumer and inflation indicators closely watched by the Fed! What are markets expecting and how may USD react? Read on for the major points you need to know if you're planning on trading the release. | | |
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| | | | | Get a Chance to Win $50 Just By Posting Your Charts! | | | There will be two winners for this giveaway, who will each receive $50! All you'll need to do is post your chart along with a brief description of what you're seeing and your analysis. Giveaway ends August 24th! | | |
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 | BabyPips.com helps individual traders learn how to
trade the forex market. | We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. |
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