Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | Trading today? Read this first. | | NZD could see a pickup in volatility with the latest monetary policy decision coming soon from the RBNZ, making the trend in EUR/NZD one to watch. | | | | | | | | Trading opportunities on CHF/JPY and CAD/JPY | | Whether you're into short-term trading or you prefer longer-term bets, you can start trading the yen today with these two setups. Be quick and check it, stat! | | | | | | | | How Pipcrawler ended up with a 300+ pip loss on NZD/USD | | Oof. No luck on Pipcrawler's longer-term idea in NZD/USD as broad weakness in the U.S. dollar took this pair back above the major resistance area, closing out his position yesterday. | | | | | | | | USD/JPY's most volatile trading day of the week | According to MarketMilk's volatility data on USD/JPY, Mondays and Tuesdays are the best days to trade this pair. Take a closer look at the data here:
 | | | | | | | | What are impulse waves in the Elliot Wave Theory? | | According to Elliot, a trending market moves in a 5-3 pattern. Find out what that means in this School of Pipsology lesson. | | | | | | | | "What does Biden's victory mean for the U.S. dollar?" | | Forum member Yassine11 asks, "Do you think after Biden’s victory that the dollar will rise?" Check out some of the responses that have come in from other traders and forum members. | | | | | | | | | | | | | |
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