Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Trading today? Read this first. | Risk sentiment flipped quickly to negative during the U.S. trading session, and with risk assets (including oil) down big, the fall in CAD/JPY is one to watch for short-term pips. | | | | | Trade opportunities on EUR/USD, and GBP/CHF | What do you think of this trend play on EUR/USD and a triangle situation on GBP/CHF that Big Pippin has spotted today? Be quick because they're both currently on the move! | | | | | Trading term of the day: Market maker | A market maker is an individual or institution that buys and sells large amounts of a particular asset to facilitate liquidity. Here's more on what they do and how they make money. | | | | | GBP/USD's current trend rating? Bullish! | Both long-term and short-term trend strength indicators on MarketMilk™ are showing GBP/USD to be in the bullish territory. Check out its real-time market data here: | | | | | Revenge trading: Bleeding your account one trade at a time | In this Pipsychology article, Dr. Pipslow talks about what revenge trading is, why it's dangerous, and how you can recover from it if you find yourself in this situation. | | | | | "MattyMoney shares his trade ideas using MAs and Ichimoku" | Forum member MattyMoney writes, "I wanted to start this so that I had a place to put my trades, ideas, as well as all those little gems found scattered all over this forum that resonate with me." | | | | | | | | | |
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