Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | | | | | Area of Interest for GBP/USD | | | Cable is sitting on a major area of interest today! Can GBP/USD still extend its uptrend? Or are we looking at the start of a longer-term reversal for the pair? | | |
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| | | | | The Two Most Volatile Currencies Over the Last 24 Hours | | | Thanks to Japan's GDP numbers and Canada's Employment Report release, these two currencies were at the top of the volality chart over the last 24 hours. Settings used 30m time interval, real time price stream. | | |
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| | | | | How to Calculate Your Position Size | | | Here are some examples on how to calculate your position size whether your account denomination is the same as the base currency or not. | | |
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| | | | | 4 Questions to Ask When Planning Trade Exits | | | "Begin with the end in mind."
Even before you enter a trade, you should already have your exit strategy laid out. Ask yourself the following questions: | | |
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| | | | | "What is Your Technique to Stay Focused on Trading and Staying Disciplined?" | | | Form member PetyaNL writes, "What is your technique to stay focused on the process and stay disciplined? Especially in situations where emotions peak (i.e. giving away profits, enthiusiams/over-confidence, losing streak)." | | |
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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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