Tuesday, September 1, 2020

💬 “Which is More Profitable: Day Trading or Swing Trading?” | Today’s Featured Pair: USD/CHF

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
September 1, 2020
Trading today? Read this first.
The weak Dollar theme continues to reign supreme, so we’re checking out this simple technical setup on USD/CHF for a short-term play. 
Trading term of the day: Currency devaluation

Currency devaluation is a monetary policy tool used by governments to deliberately reduce the value of a country’s currency in relation to another currency or group of currencies.

Cyclopip's stop and reverse EUR/NZD trade bags +226 pips
His net gain comes out to +0.41% after the losses from his initial trade but overall, not a bad trade for being wrong at first! Here's a review of how all that happened.
EUR pairs that are currently trading below and above its moving average

You can check out this chart for any watchlist available on MarketMilk™! Here's a look at the EUR watchlist:

Trade Idea: Gold rises as the dollar keeps falling
Gold hasn’t moved much the past few weeks but seems to be gathering energy for another move up. Here's what Pippo thinks of gold right now.
"Between day trading and swing trading - which makes more profit?"

Forum member Gove1971 writes, "What is the difference between day trading and swing trading? Which is better?" 

Got a question for us?
Send us a message!
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