Sunday, November 15, 2020

💬 “Profitable Traders: What was the Main Hurdle That Held You Back Initially?” | Here’s What Happened to USD, GBP, and EUR Last Week

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
November 15, 2020
A mixed week for the USD last week
Mixed performance from USD this week, overall leaning towards positive at the Friday close thanks to counter currency flows and late week negative risk sentiment.
Do you know what's going on in the markets on any given day?
Using our economic calendar, you can stay on top of scheduled news releases that may move the currencies you're trading.
How GBP managed to end this past week as a net winner
Thanks to counter currency flows and a spike in positive risk sentiment, weak jobs data and continued Brexit uncertainty did not faze GBP. 
"Why are you not successful in your trading?"

Forum member TraderEvolved writes, "If you are not consistently profitable yet, why do you believe that is? Here are some of the common reasons I've read."

Here's what happened to the euro this past week

Positive global risk sentiment and dovish commentary from ECB members led to a negative week for both CHF and EUR.

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