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 Aussie dollar this week | | It was a choppy week for the Australian dollar as traders balanced mixed Ausssie updates against counter currency themes and news events. Here's a list of events that moved AUD this week! | | | | | | | | Trading term of the day: Currency peg | | A currency peg is a governmental policy of fixing the exchange rate of its currency to that of another currency, or occasionally to the gold price. Learn more about this term in this forexpedia entry. | | | | | | | | Why NZD had a great week | NZD rode higher this week as traders priced in positive comments from New Zealand government officials, better-than-expected NZ data, and counter currency weakness. | | | | | | | | Don't compare yourself to other forex traders | How you perform has nothing to do with how others perform. Comparisons will only make you feel frustrated and distract you from forging your own path to profitability. | | | | | | | | JPY took the top spot this week | The yen rode higher on expectations of the new PM to continue Abenomics, and possibly on positive vibes from the latest BOJ statement. Here's Pip Diddy with a recap! | | | | | | | | "Trading strategy vs. system vs. idea: How are they different?" | | Is a trading strategy one's overarching method for trading while a trading plan a collection of trading tactics? Forum member ponponwei asks this question on her thread. | | | | | | | | | | | | | |
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