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 GBP/JPY and NZD/JPY | Both GBP/JPY and NZD/JPY are currently testing upside barriers visible on their short-term charts. Will bearish momentum pick up or is there a chance for a breakout? | | | | | 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. | | | | | | | | Which Among the Major Currency Pairs are Currently Bullish/Bearish? | |  Using MarketMilk's Long-Term Trend Strength tool (200 and 50SMA), it looks like we've got two bearish pairs: USD/CHF and USD/JPY and 4 bullish pairs: AUD/USD, EUR/USD, NZD/USD, and GBP/USD. MarketMilk™ settings used: 1D time interval, real time price stream. | | | | | | | How High Can Cardano (ADA/USD) Go? | | Crypto bulls are back in action these days, but can ADA/USD sustain its rally past this key resistance level?  | | | | | | | Can Brent Crude Oil Maintain Its Short-Term Uptrend? | | U.K.’s crude oil prices are trading a short-term uptrend! Can the commodity keep up its momentum for the rest of the week?  | | | | | | | Should You Add to Your Losing Positions? | Scaling into losing positions helps traders “average down” their buying price before the asset eventually goes their trades’ way. But scaling is not for everyone. When is scaling in considered “averaging down” and when can you call it “gambling? | | | | | | | "Should You Ever Exit a Trade Before It Hits Your Take Profit?" | Forum member racj17 adds, "I get that it messes up your probability but wouldn’t it be worse if the trade turns around? On one hand I know that this is probably fear speaking but on the other hand, some profit is better than no profit." | | | | | | | | 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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