Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | | | | Trading Today? Read This First. | | Can’t decide on your euro bias just yet? Check out this potential bullish play on EUR/CHF and a bearish reversal pattern forming on EUR/CAD. | | | | | | | 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. | | | | | | | | | | | | | | JPY Sees Spike in Volatility
Thanks to the BOJ | | | 
The BOJ held its first monetary policy meeting yesterday and suprised markets after it decided to make no changes to its yield curve tolerance band. MarketMilk™ settings used: 4H time interval, real time price stream.
| | | | | | | | | | | Brent Crude Oil Is Testing a Key Technical Resistance! | | | Can Brent crude oil (UKOIL) bust out of a consolidation? Or will the commodity slide down the charts in the next trading sessions?  | | | | | | | | | | | The Importance of Volume in Technical Analysis | | | | Volume is an important aspect of technical analysis because it is used to confirm trends and chart patterns. Technical analysis of an asset's volume helps traders determine if certain situations are occurring, such as a true trend reversal. | | | | | | | | | | | Why Good Trading Habits Matter More Than Finding Good Setups | | One of the most common mistakes of newbie traders is focusing too much on finding the next winning trades instead of becoming good traders. | | | | | | | | | | | "What's the Best Way to Close a Losing Trade With No Stop Loss?" | | Forum member samewise shares, "Just put yourself in my shoes and imagine a short time frame trade has turned against you while you stepped away from the charts.
What do you when you come back and see the big minus sign next to your profit column? Close the trade right there and cut the loser? Or keep it open hoping price will retrace some to reduce the loss, and maybe even into 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
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