Friday, October 23, 2020

šŸ’¬ “I’m a Forex Newbie and Copied an Instagram Trader. Is This a Scam or Is This Legit?”

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
October 23, 2020
Forex Lesson: Why trade currency crosses?
Instead of just looking at the seven “major” dollar-based pairs, currency crosses provide more currency pairs for you to find profitable opportunities! Here's more on that.
Candlestick pattern of the day: Morning star


The Morning Star is a bullish three-candlestick pattern signifying a potential bottom. In this forexpedia entry, we cover what this pattern means and how you can recognize it.
EUR/USD takes the top spot this week
EUR/USD took the top spot while USD/CHF was the biggest loser. Here's a look at how the major pairs performed this week:

When a trading journal is not enough

If you’ve caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal.

"I'm a forex newbie who decided to copy an Instagram trader"

Forum member donaldault2017 asks, "My thoughts are to complete the trial and see if it’s worth it but wanted some feedback from you guys and whether it’s a scam or legit?"

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