Sunday, September 6, 2020

💰 +217 Pips from Huck’s Trend-Catcher System This Week | “What Were Your Most Common Struggles When You Started Trading?”

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
September 6, 2020
A rare net positive week for USD
Despite its multi-month down trend, USD ended this past week higher possibly due to better-than-expected U.S. business sentiment data, and net positive economic updates.
Trading term of the day: Stagflation

Stagflation is an economic event in which the inflation rate is high, the economic growth rate is low, and the unemployment rate is high. Here's what causes stagflation.

Here's what happened to the EUR and CHF last week
It was a net negative week for both the EUR and CHF, mostly driven by broad risk sentiment and an arguably disappointing updates from Europe. Here's Pip Diddy with a recap of events!
Huck bags +217 pips last week

The HLHB may have sustained one or two losses this week, but a few big wins from Cable kept the mechanical system in the green. Check out how the HLHB ended the week with over 200 pips!

20+ basic economic calendar terms you should know about

Here’s our newbie-friendly take on basic economic events every forex trader should know by heart.

"What were your most common struggles when you started trading?"
Here's an answer to forum member emmaweber's question from RingerFX: "I found myself that the biggest problem I faced when starting out was quickly becoming over-confident!" What were (or maybe still are) yours?
Got a question for us?
Send us a message!
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