Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | Here's what happened to USD last week | The U.S. elections seems to have had a positive effect of risk sentiment, driving traders away big time from the U.S. dollar. | | | | | What is a Japanese candlestick? | In this School of Pipsology lesson, we show you the what Japanese candlesticks are and who Steve Nison is. | | | | | Here's what drove EUR and CHF's price action last week | EUR gained against the safe havens while the CHF was broadly lower on the week, suggesting that price action was mainly driven by this week’s risk-on lean in the financial markets. | | | | | Gain and loss percentage calculator | Not sure how well (or poorly) your trade went? Our gain and loss percentage calculator quickly tells you what percentage of your account balance that you have won or lost. | | | | | How the British pound ended up a net loser last week | GBP was driven by a mix of drivers including a renewed U.K. lockdown, expectations of more stimulus, and as always….Brexit headlines. Here's Pip Diddy with a recap. | | | | | "Do you agree that small retail traders lose money and only brokers profit?" | Forum member oxygencanbreath writes, "I found on Google that majority of retail traders (97%) lose... And that only the hedge fund managers, big banks and corporations make money in FX." | | | | | | | | | |
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