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. | | Word through the forex grapevine is that the ECB might be mulling a 0.50% hike this week. Let’s see how EUR/AUD reacts to the top of its short-term range! | | | | | | | Looking for great charting software? | TradingView is a cloud-based charting software that's easy and intuitive for beginners, yet powerful enough for more experienced traders. | | | | | | | | | | | | | | Bear Trap | | | A bear trap is a situation when traders put on a short position when the price of a currency pair is falling, only for the price to reverse and move higher. Bearish traders think the recent price action signals that an uptrend has ended when it actually has NOT. | | | | | | | | | | USD Seeing a Lot of Red Today | | |  USD is finally seeing some weakness this week as odds for a 100 bps Fed rate hike this month diminishes. MarketMilk™ settings used: 1D time interval, real time price stream, and normalized base currency. | | | | | | | | | | | 4 Reasons Why Traders Can’t Stick To Their Trade Plans | | | | Sticking to your strategy is often easier said than done, but why is it so challenging to begin with? Here are some reasons why you might be ditching your plans. | | | | | | | | | | "It Feels Like No Trading Strategy Really Works." | | | | Forum member Traycrenrn laments, "I have been studying forex for the past 3 years, in paid groups, used indicators, took off indicators, mastered S&R, etc. you name it. I’ve heard of it and tried it. The only people I see that are “profitable” from forex are the individuals that sell courses of recycled strategies." | | | | | | | | | | | 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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