Friday, August 7, 2020

🤓 Trading Term of the Day: Limit Order | Why This Trader Thinks Ichimoku is the Best System for Trading Newbies

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 7, 2020
Trading term of the day: Limit order
A limit order is an order placed to either buy below the market or sell above the market at a certain price. In this forexpedia entry, we give you an example + when you should use it.
Forex Quiz: Do you know the different styles of trading?
Scalping. Position Trading. Day Trading. Swing Trading. Do you know the differences? Take this quiz to find out!
Robopip's Inside Bar system catches 100 pips this week
Thanks to valid signals on USD/JPY and GBP/JPY, this system took five wins out of seven trades this week! Here's a review.
All green for USD today!

Did you know that there's a "Normalize" setting on MarketMilk™ so you can view all pairs using the same currency as the base? This view looks at USD as the base currency for the list using real-time as the price stream setting:

How to use weighted moving average (WMA) in trading

A Weighted Moving Average (WMA) is a type of moving average that puts more weight on recent data and less on past data. WMA can help determine trend direction. Here's how you can use it.

Why this trader thinks Ichimoku is the best system for trading newbies

Forum member Imperator_Cat writes, "Don’t be intimidated by how it looks. It’s good for newbies because it keeps you out of bad trades. The reason I’m saying this is because..."

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