Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Trading today? Read this first. | USD/JPY hits the top of our watchlist after a clear resistance break and ahead of commentary from the Federal Reserve this afternoon. Here's what Pip Diddy will be on the lookout for. | | | | | Trading opportunities on GBP/JPY and EUR/AUD | Did you know that GBP/JPY is testing a broken support level? Oh, and EUR/AUD is poppin’ up a decent range play. Come take a look at today’s charts! | | | | | Trade watchlist: CAD/JPY's uptrend pullback | Cyclopip's checking out CAD/JPY this week as we may see some action with the upcoming Canadian jobs update. Will the event bring buyers back or give sellers control to break lower? | | | | | Here are the EUR pairs that are currently bullish | Using MarketMilk's long-term trend strength tool, we get to quickly see which EUR pairs are currently bullish and bearish: | | | | | Swing trading 101: Will it work for you? | Swing trading refers to the medium-term trading style that is used by forex traders who try to profit from price swings. Here's how it works plus, a quick list to see if swing trading is for you. | | | | | "Trading is 80% psychology and 20% strategy: Is this really true?" | Forum member tradeforex077 writes, "I don’t agree with this at all. I believe the psychology part is easier than finding a consistently profitable strategy." Here's what other traders have to say. | | | | | | | | | |
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