Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | | | | | EUR/NZD Bearish Momentum in Play? | | | This pair has been cruising lower on its hourly time frame but is currently stalling at an area of interest. Can bearish momentum return for EUR/NZD soon? | | |
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| | | | | Is the Market In A "Risk On" or "Risk Off" Mood? | | | During a "risk on" day, traders tend to shift their capital from lower-risk assets like government bonds, gold, and "safe haven" currencies to higher-risk assets such as equities, commodities, and high-yielding currencies such as the Australian dollar (AUD) and New Zealand dollar (NZD). | | |
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| | | | | Play of the Day: AUD/JPY's Short-Term Trend Continuation Trade | | | AUD/JPY, which popped up to just under the 95.00 psychological handle dropped all the way to its 94.50 lows during the Asian session. Does this mean that AUD/JPY's uptrend is done? | | |
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| | | | | Trading Term of the Day:Market Order | | | A market order is an order to quickly buy or sell at the best available current price. It is an instruction from a trader to a broker to execute a trade immediately at the best available price. Here's when you should use a market order and the benefits/drawbacks of using it. | | |
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| | | | | How to Set Your Maximum Forex Trading Loss | | | Setting a maximum trading loss per day isn't hard. You just have to take note that it has to depend on your trading personality and risk tolerance. Here's how you can do it. | | |
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| | | | | "Update on the $10,000 Demo Account Challenge" | | | It's been five months since forum member Pauley1 started his $10k demo account challenge! He's been constantly updating his thread. Here's his most recent update and where his account balance is now at. | | |
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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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