Thursday, August 27, 2020

📈 Heiken Ashi Candlestick Chart vs. Traditional Japanese Candlestick Chart | EUR/AUD and EUR/NZD Trade Ideas

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 27, 2020
Trading today? Read this first.
EUR/AUD made strong moves lower on the session thanks to fresh catalysts, but will the upcoming European data be enough to keep the momentum going? 
Trading term of the day: Quantitative Easing (QE)
More colloquially referred to as “printing money,” QE is an unconventional monetary policy used by central banks. In this forexpedia entry, we talk about what it's for and how it works.
Cyclopip's stop-and-reverse EUR/NZD trade
The driving themes have changed a bit for both the euro and the Kiwi, so Cyclopip has decided to change his stance on his long EUR/NZD trade from last week.
Lots of green for EUR/USD's 3-month to 1-year price performance

Using MarketMilk's price performance tool, you can zero in on a pair you want to check out and go through its price performance from 1D up to 1Y!

Heiken Ashi candlestick chart vs. Japanese candlestick chart

Candles on traditional Japanese candlestick charts frequently change from green to red (up or down) which can make them difficult to interpret. But with Heiken Ashi...

How to find a reward-to-risk ratio that works for you

While there’s no Holy Grail to finding the perfect reward-to-risk ratio, a good place to start is to look at your win rate. Here's how you can do that.

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