Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Trading opportunities on EUR/USD and CAD/JPY | Today, Big Pippin's looking at EUR/USD potential triangle and CAD/JPY's make or break situation. See if you can make pips off these two setups! | | | | | Candlestick pattern of the day: Harami Cross | A Harami Cross is a reversal candlestick pattern that consists of a long candle is followed by a Doji. Learn more about this pattern from this forexpedia entry. | | | | | Take this fundamental analysis quiz question | Which of the following is NOT related a fundamental event? A. Donald Trump becomes U.S. president B. Oil prices rise due to supply reduction C. An important price level is broken | | | | | NZD/USD currently on its 1-week, 1-month, and 1-year price high | Using MarketMilk's Trading Ranges tool, we can quickly see where NZD/USD's price has been within its high/low trading range on different time frames: | | | | | Set trading goals that work | Some traders become too preoccupied with their desired outcomes, such as making a truckload of pips or bouncing back from losses, that they overlook the realistic aspect of their goals. | | | | | "How do I keep track of live events that affect the market?" | Forum member Ninmar writes, "I miss trades long before I know what has happened. How can I have almost instantaneous access to these live events that affect the market GREATLY?" | | | | | | | | | |
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