Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | | | | Trading Opportunities on AUD/USD and GBP/USD | | Got Friday the 13th vibes? Don't worry. The only way you'll lose pips today is if you aren't prepared with your setups and your risk management. Tilt the odds in your favor by marking AUD/USD's channel and GBP/USD's potential reversal! | | | | | | | 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. | | | | | | | | | | | | | | This Week's Top 5 Currency Pairs | | | 
Which currency pairs have gained the most this week? Looks like it's mostly euro pairs! MarketMilk™ settings used: 1W time interval, real time price stream.
| | | | | | | | | | | How High Can Gold Prices Go? | | | Heads up, gold bulls! The shiny metal has been on a tear for the past few days, but it might be closing in on some upside targets. Check out these long-term resistance levels.  | | | | | | | | | | | Momentum Trade | | | | A momentum trade is a trading strategy where a trader buys currencies with high past excess returns ("winners") and sells in currencies with low past excess returns ("losers"). The idea is to go long in a portfolio of "winner" currencies and go short in a portfolio of "loser" currencies. | | | | | | | | | | | 4 Questions to Ask When
Planning Trade Exits | | While it’s important to know how and when to enter a trade, it’s equally crucial to know when to exit. Even before you enter a trade, you should already have your exit strategy laid out. Ask yourself the following questions. | | | | | | | | | | "I'm Having Problems Building a Good Trade Exit Strategy." | Forum member thenameisdietrich writes, "I have had numerous positions where I would have 100-200 pips in profit and want to just exit for the purpose of locking in those profits, but I don’t want to close my winning positions.
As such, when they invariably pullback I end up losing 50% of the gains, get stopped out then the position goes on its merry way making profits again. With all of this, it has really messed with my mental state around which time frame to trade and how to use multi-time frame 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
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