Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Bullish MA crossovers don't work on GBP/USD. Here's a tweak Pippo's trying out. | Bullish moving average crossover don’t’ seem to work on GBP/USD. But Pippo has an idea that might just help. Find out in this post if his idea works. | | | | | Trading term of the day: Whipsaw | A whipsaw is a slang term used by traders that describes the condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal. | | | | | Take this quiz about intermarket correlations! | What type of relationship usually exists between the U.S. dollar and gold? A. Inverse B. Direct C. No relationship | | | | | Which major pair has been the most volatile within the last week? | Looking at MarketMilk's data on the 4-hour volatlity over the last seven days for the major pairs, it looks like USD/CAD has been the most volatile, moving at an average of almost 56 pips: | | | | | 10 forex trading tips for newbies from real-life traders | Here are some words of wisdom for forex newbies from experienced traders themselves. Jumpstart your trading career with these helpful tips! | | | | | "Can a FREE forex trading system be profitable?" | Forum member Hefoba writes, "If one system makes money, why would someone give it for free? Feel free to explain to me why free systems can make money." | | | | | | | | | |
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