Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | U.S. Session Featured Pair | | | Trading Today? Read This First. | | | The Bank of Canada will print its decision in a bit! Will the event drag NZD/CAD to its trend line support? | | | | | | | | | | | Today's Currency Heat Map | | |  AUD and CAD all green today (so far) for all timeframes! Settings used: 1D time interval, real time price stream. | | | | | | | | | | | | | Trading Opportunities on AUD/NZD and EUR/CAD | | Spotted today: a potential range breakdown and a trend reversal setup. Check out these plays on the 4-hour charts of AUD/NZD and EUR/CAD! | | | | | | | | | | | High-Impact Events Happening Tomorrow |  Timezone used above is Eastern Standard Time. Make sure to bookmark the BabyPips Economic Calendar to stay up to date on events that could affect your trades! | | | | | | | | | | 5 Common Trading Biases You Might Be Unaware Of | | | | Having trading biases can impair our ability to read the markets objectively and make good trading decisions. Here are five of the most common forex trading biases. Which ones are you guilty of? | | | | | | | | | | Michael Carr's Trading Advice | | | 
Michael Carr, one of the Turtle Traders trained by Richard Dennis writes, “Although I hesitate to use gambling as an example, I believe it provides a close analogy. Those people who are wise and prudent gamblers would probably also be wise and prudent investors, because they have a somewhat detached view of the value of money.
On the other hand, those people who get caught up in the excitement of the amount of the wager, whether it’s gambling or investment, are likely to be destabilized by losses.”
- "The New Market Wizards" by Jack D. Schwager
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