Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | | | Here's What Happened to the FX Market This Past Week | | | King Dollar reigned this week as traders anticipated and reacted to a pretty hawkish Fed statement, and likely on weakening economic data. | | | | | | | | | | A Look at This Week's Dollar Dominance | | | King Dollar indeed. MarketMilk™ settings used for this Currency Strength Chart: 4H time interval, real time price stream. | | | | | | | | | | | How to Trade Support and Resistance | | In this forex lesson, we cover the two simple ideas behind trading S&R: the Bounce and the Break. We also talk about the two ways to play breaks in trading: the aggressive or the conservative way. | | | | | | | | | | | | | How to Make Consistent Profits in a Random Trading Environment | | Traders are in the business of trying to be consistent and making money in a seemingly random work environment. The key is to think in terms of probabilities. This requires two layers of belief that you would initially think cannot coexist. | | | | | | | | | | | "Why Does Anyone in Their Right Mind Trade Forex?" | | | | Forum member Norkron writes, "I’m just wondering why anyone even does this for a living if all I ever hear from these forums is how all you do is go broke. I’m reading posts where people are talking about trading for a month and earning $5 and being happy. Why in the world would I work for a month for $5?! Am I missing something here?" | | | | | | | | | | | BabyPips.com helps individual traders learn how to trade the forex market. | We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. | | Copyright © 2018, All Rights Reserved, BabyPips.com LLC 3900 Westerre Pkwy, Ste 300 | Richmond, Virginia 23233 | | | |
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