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 | Risk aversion sentiment dominance is back! Recession calls have grown louder, supported by another round of disappointing business sentiment data this week. | | | | | Looking for great charting software? | TradingView is cloud-based charting software that's easy and intuitive for beginners, yet powerful enough for more experienced traders. | | | | | | | | Candlestick Pattern of the Day: Harami | | The Harami pattern consists of two candlesticks with the first candlestick being a large candlestick and the second being a small candlestick whose body is contained within the first candle’s body. Here's how you can spot them and what they mean. 👇 | | | | | | | This Past Week's Strongest and Weakest Currencies | | | | | | | | | Forex Trading is a Grind | | The reality is that trading is a grind. Being an elite trader is not based on making huge, jackpot trades. It's about consistently grinding out small wins day after day. | | | | | | | "My Price Action Trading Strategy" | | Forum member Alg626 writes, "I trade based off S&R zones, use inside bar, engulfing, pin bar, and 3 bar reversal. Along with seeing the chart and what the whole picture says, just don't trade based on a candlestick pattern but use them as a confirmation." Here are his strategy rules. | | | | | | | | 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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