Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Wednesday, September 13th |
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| | | | | Trading Today? Read This First. | | | Gold has been on shaky footing recently, but can it find support soon? The precious metal has formed lower highs and slightly lower lows to consolidate inside a falling wedge pattern. | | |
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| | | | | Which Among the Pound Pairs are Currently Oversold? | | | Here's a look at the Stochastic indicator using MarketMilk's Buy or Sell tool. Make sure to check all the other indicators for additional confirmation! Settings used: 1D time interval, real time price stream. | | |
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| | | | | Play of the Day: EUR/USD's Pullback Zone Ahead of the U.S. CPI Event and ECB Decision | | | EUR/USD is now trading closer to 1.0740 after finding support at the 1.0700 psychological handle. Can EUR/USD still extend its downtrend? | | |
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| | | | | Trading Tomorrow's Employment Report from Australia | | | Looking for a news event to trade this week? Here's what you should know about Australia's upcoming jobs release, how AUD might react, and what market analysts are expecting.
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| | | | | Don't Jump in a Trade If You Find Yourself in Any of These 4 Scenarios | | | Contrary to what some might think, staying on the sidelines doesn't necessarily mean that you're a lazy trader. In fact, there are cases when sitting tight and refraining from taking any setups is a trading decision in itself. Here are the top four scenarios. | | |
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| | | | | "Is a 1:2 RR and a Certain Number of Pip Gain a Good Trade Setup?" | | | Forum member fxmerchantpro writes, "Is a 43-pip gain and a 1:2 RR a trade setup good to take? Quality-wise, what minimum pip gain would you benchmark on and why? Or do you even consider this at all in your trading?" Read through some of the answers from experienced traders in this forum discussion! | | |
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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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