Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Trading opportunities on USD/CHF and EUR/AUD | End the week on a positive note by taking advantage of EUR/AUD’s range and a resistance-turned-support situation on USD/CHF. Check it! | | | | | QUIZ: What kind of stop suits your trading style? | There are four main kinds of stops. Based on your personality and methods, which one should you use? Find out by taking this quiz! | | | | | Robopip bagged a measly 1-pip gain this week | One pip is better than zero! Here's how the system ended up with this 1-pip gain despite getting some winners. | | | | | Will NZD/USD take the top spot this week? | Looking at MarketMilk's data on the major pairs (1D, real-time price stream), we can see NZD/USD leading the pack with USD/CHF at the bottom of the list. Will this change in a few hours? | | | | | "Do all trading systems eventually expire?" | Forum member Kim97 writes, "I recently read that trading systems eventually expire and need to be tweaked or thrown in the trash. What are the reasons behind this?" | | | | | Why you should set a maximum drawdown stop | All traders will eventually experience a losing day, so you should always have an intraday maximum trading loss level set. Dr. Pipslow gives us his personal suggestions. | | | | | | | | | |
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