Monday, September 7, 2020

📈 Technical Indicator of the Day: GMMA (Guppy Multiple Moving Average) | What to Expect from EUR, JPY, and NZD This Week

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
September 7, 2020
What to expect from JPY in the coming days
Japan is printing a lot of domestic data this week! What will the reports tell us? Here's Pip Diddy with a list of potential catalysts to be on the lookout for if you're planning on trading the yen!
Technical indicator of the day: Guppy multiple moving average (GMMA)

If you find yourself struggling with properly identifying the trend direction, catching it, and then getting out after the trend has reversed, you may want to take a look at this indicator!

Top tier reports due for the Kiwi this week

NZD traders will likely focus on countercurrency moves and market risk sentiment this week. Which themes can dominate Kiwi’s price action? Here's a quick list of potential catalysts!

Here are the major pairs that are currently bearish and bullish
Using MarketMilk's long-term Trend Strength tool (200 and 50 SMA), we can see exactly which pairs are bullish and bearish at the moment. Settings used: 1D, Last Closed, Standard.

EUR this week: No changes expected from the ECB
The ECB is up this week! Can Lagarde and her gang bring sexy back for the euro? Pip Diddy's got the deets on the potential market movers for the common currency in the next few days!
"How often should I keep track of my trading performance stats?"

Forum member qaram asks, "Should it be after every trade, once week, month, year?" He also shows how his tracking spreadsheet looks like. Check it out and share your thoughts!

Got a question for us?
Send us a message!
BabyPips.com helps individual traders learn how to
trade the currency markets.
We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey.
Copryight © 2018 BabyPips.com LLC, All Rights Reserved.






This email was sent to edwardlorilla1986.paxforex@blogger.com
why did I get this?    unsubscribe from this list    update subscription preferences
BabyPips.com LLC · 3900 Westerre Parkway Suite 300 · Richmond, Virginia 23233 · USA

No comments:

Post a Comment

Invitation: Join Fausto Pugliese's Stock Trading Class

It's a fantastic opportunity to gain valuable insights and practical techniques to enhance your trading skills. ...