Friday, October 9, 2020

📖 How to Use MACD to Confirm a Trend | “What Questions Do You Ask Yourself After Taking a Loss?”

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
October 9, 2020
Trading term of the day: Rollover
Rollover is the procedure of moving open positions from one trading day to another. During this rollover, a swap is calculated. In this forexpedia entry, we explain how all that works.
QUIZ: How well do you know the foreign exchange market?

If you've finished the School of Pipsology, you should be able to ace this 15-question quiz with ease!

How to use MACD to confirm a trend

Indicators like MACD will spot trends once they have been established, at the expense of delayed entry. The bright side is that there’s less chance of being wrong.

How the major pairs ended the week

NZD/USD takes the top spot this week followed by AUD/USD. USD/CHF, meanwhile, ends the week at the bottom of the list. Take a closer look at the data on MarketMilk™:

Are you a forex trader or a gambler?
There is a fine line between traders and gamblers. When there is real money on the line, there are always those who take blind chances. Does that sound familiar to you?
"What questions do you ask yourself after taking a loss?"
Forum member destinyp113 writes, "After taking a loss and journaling it, what questions do you often ask yourself to analyze your loss and truly learn from it?"
Got a question for us?
Send us a message!
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