Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | Trading today? Read this first. | | With markets generally leaning risk-on, the pop higher in CAD/JPY one to watch for short-term pips, especially with oil inventory data ahead. | | | | | | | | Everything you need to know about the European Union (EU) | | From the history of the EU to how it's governed, down to what the difference is between the EU and the eurozone -- we cover all of that in this forexpedia entry! | | | | | | | | Trade Idea: Short AUD/JPY | This week, Cyclopip's checking out a simple setup on AUD/JPY, which has been ranging for the past two weeks with a negative lean. Here's what he'll be doing. | | | | | | | | Here are the major pairs that are currently bullish and bearish | Using MarketMilk's short-term trend strength tool using the 4-hour time interval and last closed price stream setting, we can see a good number of pairs are the in the bullish territory. Check it:  | | | | | | | | Gain and Loss Percentage Calculator | Not sure how well (or poorly) your trade went? Our gain and loss percentage calculator quickly tells you what percentage of your account balance that you have won or lost. | | | | | | | | A 5-step plan for newbie traders plus, the top 5 traits a trader should NOT have | In this trader Q&A feature, TalonD writes, "A forex trader should not have too much trust in indicators. They tell you what price did in the past, none of them tell you what it’s going to do in the future." Read the rest of his tips in this feature! | | | | | | | | | | | | | |
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