Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | Trading Term of the Day: Relative Strength Index (RSI) | | RSI is a technical indicator that measures the strength or weakness of a currency pair. In this forexpedia entry, we cover how you can use it for trading and how to calculate it. | | | | | | | | Ready to trade bigger? Remember these 3 tips! | | Taking on more risk definitely has its perks. But be warned… While it can give you bigger wins, increasing your risk can just as easily magnify your losses and wipe out your entire account. | | | | | | | | Trade Idea: Long EUR/NZD | | Cyclopip didn't get into his long EUR/NZD trade last week since he didn't get the pullback he was looking for so he's trying again this week as the uptrend seems to be gaining steam. | | | | | | | | A quick look at EUR/USD's 30-day performance | Using MarketMilk™ you can easily see a pair's performance from as short as 1 hour to as long as 12 months!
 | | | | | | | | "Will EUR overtake USD as the most stable currency?" | Forum member MikeWolski writes, "A lot has happened this year. Probably more than any other year. Are we witnessing a (major) change in the credibility of the USD?" | | | | | | | | Today's Featured Pair: AUD/CAD | A pick up in volatility could be coming to AUD/CAD soon with Canadian inflation data ahead, making the pair one to watch as it sets up several different technical arguments. | | | | | | | | | | | | | |
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