Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Saturday, August 12th | Sponsored By | | |
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| | | | Here's What Happened in the FX Market This Past Week | | | Slowing inflation signals from China and the U.S., and various Fed speak had forex markets mixed this week, with USD leading the pack and the yen lagging far behind. Here's a quick recap of everything noteworthy that happened in the currency market! | | |
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| | | | | This Week's Strongest and Weakest Currencies | | | USD leads this week's list with the Japanese yen at the bottom of the list. Make sure to read up on this week's FX recap for a detailed look at what happened! MarketMilk™ settings used: 4H time interval, real time price stream. | | |
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| | | | | Global Market Weekly Recap: August 7 – 11, 2023 | | | Market focus shifted to U.S. inflation data this week as traders were keen to find out if the CPI figures would throw cold water on Fed tightening speculation. | | |
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| | | | FX Play of the Day Recaps:
August 7 – 10, 2023 | | | In a mostly quiet volatility week, our strategy discussions arguably went well, including strong bullish moves in USD/JPY and GBP/NZD. Let's do a quick review and see how the strategies played out! | | |
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| | | | | Do You Know What Your Trade Expectancy Is? | | | Expectancy is one of the most crucial aspects of any trading strategy. Unfortunately, most people tend to overlook this aspect and stick to focusing on the profits of each trade. Better read up if you're unfamiliar with this term! | | |
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| | | | | "How Do I Know If a Trend is Losing Strength?" | | | Forum member jk4838 asks, "Is there a way to know when a trend is losing its strength and slowing down for a possible pullback or reverse? So far I've been using Fib Retracements and Extensions for possible areas of support and resistance and stochastics overbought and oversold signals to place a trade. It's been working but I would like additonal signals to confirm the reversal. What do you guys use?" | | |
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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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