Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | Featured Trading Question | | | "What Moves Price in FX Trading?" | | Forum member immanomaly asks, "Why do we have downtrends and uptrends and a tug of war between buyers and sellers (consolidation)? How does price move either up or down? Is the market really just what majority think will happen that happens?" | | | | | | | 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. | | | | | | | | | | | Featured Trading Strategy | | | | Simple Inside Bar Momentum Strategy | | | | "This is a very simple price action-based strategy which has a positive win rate across forex pairs. Many systems follow a similar principle, that an Inside Bar signifies congestion and that price will probably break out upwards or downwards after the IB within a very short time period." - Forum member tommor | | | | | | | | | | This Past Week's Strongest and Weakest Currencies | | | 
Thanks to weaker than expected PMI numbers, USD is at the bottom of this week's list with the Aussie soaring as the strongest currency likely due to USD weakening and the RBA hinting at further rate hikes. MarketMilk™ settings used: 4H time interval, real time price stream.
| | | | | | | | | | | "3 Things I've Learned in 4 Months of Trading Currencies" | | | | Forum member haroldtheclam shares, "Don't trust indicators. Indicators alone won’t do anything for you. I purchased add-on indicators for Tradingview that I thought would help in my trades. Some of them were marginally helpful. Others turned out to be completely wrong. Others I couldn’t (and still don’t) understand."
Read through the rest of his trading lessons in this trading discussion. | | | | | | | | | | "Does Anyone Else Sometimes Feel Completely Lost Looking at Chart Patterns?" | | | | "Let’s forget about the ‘patterns’ of candlesticks for a moment, do you ever zoom out and look at what the countries have been up to since the morning, and just … completely have no idea how to interpret it?" | | | | | | | | | | | 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
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