Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | Here's what happened to the Japanese yen this week | | Yen bulls were net winners as the negative lean in global risk sentiment on pandemic and economic slow down fears drove traders to safe haven currencies all week. | | | | | | | | Trading term of the day: Keltner Channel | | The Keltner Channel or KC is a technical indicator that consists of volatility-based bands set above and below a moving average. Here's how it works and how you can use it for trading. | | | | | | | | An ugly week for the Aussie | All thanks to broad risk sentiment that soured due to rising pandemic fears, negative comments from RBA officials, and negative economic updates from Australia. | | | | | | | | 10 trading quotes to help get your head in the game | | If you find that you’re having trouble with your trading mindset recently, then this list is for you. | | | | | | | | Aside from AUD, NZD also took a big hit this past week | Risk sentiment moving further negative on rising pandemic fears and another hint of a potential move to negative interest rates from the RBNZ were the top contributors. Here's a recap. | | | | | | | | Trend-Based Breakout Strategy - 1H Entry Signal by MattyMoney | | Forum member MattyMoney shares his-trend based breakout strategy he's testing. He thinks it will show decent results. He shows how it works, plus a step-by-step set of instructions! | | | | | | | | | | | | | |
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