Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market. Skip to main content | | | | | | | | | Safe Haven Currencies | | Safe haven currencies are currencies that are expected to retain or increase in value when it seems like the world is coming to an end (geopolitical stress). Can you guess what the three currencies are that are considered safe haven? | | | | | | | 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. | | | | | | | | | | | | | | The Strongest and Weakest GBP Pairs Over the Last 30 Days | | | Did you know? You can choose from 16 watchlists on MarketMilk™ and look at the price performance of the pairs within each list using different time frames! The chart above looks at data within the GBP Pairs watchlist within the last 30 days. | | | | | | | | | | | NZD/CAD Reversal Pullback Levels | | | Missed the channel breakout on NZD/CAD? You might still have a chance to catch a reversal on this quick pullback!  | | | | | | | | | | | How to Use Multiple Time Frame Analysis to Find Better Entry and Exit Points | | | | In this lesson, we’ll teach you how to not only lock in on your preferred trading time frame but zoom in and out of charts so that you can knock a winner out of the park. | | | | | | | | | | | Why You Need to Stop Focusing On Profits From Your Trading | Many new forex traders always wonder how they can make more profit from their trading. They attempt to set goals like trying to grab specific numbers of pips per day or month. Here's why this approach can be detrimental. | | | | | | | | | | "What Happens to a Losing Trade If You Add to the Trade in the Same Direction?" | | | Forum member samewise asks, "Okay so imagine you enter a short EURUSD trade at 1.0600. Price moves up to 1.0650. I’m at -50 pips. What happens if I add to my position right now at 1.0650, still short, because I still think price will move lower below 1.0600? Is my initial trade closed, I lose the 50 pips and a new trade is made?" | | | | | | | | | | | 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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