Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| Preview goes here | | ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ | | | | | Here's What Happened in the FX Market This Past Week | | | Major FX pairs were off to a slow start but higher volatility kicked in mainly thanks to U.S. debt ceiling developments and global inflation updates. Here's a quick recap oif important events that took place in the forex market this past week. | | | | | | | | | | | This Week's Strongest and Weakest Currencies | | | USD takes the top spot this week while the Kiwi heads to the bottom of the list thanks to RBNZ's policy decision. MarketMilk™ settings used: 4H time frame, real time price stream. | | | | | | | | | | | This Past Week's Global Market Recap | | | Low volatility this week as traders likely held off on taking action as they awaited developments on the U.S. debt ceiling issue. Here's everything noteworthy that took place in the global market this past week. | | | | | | | | | | | FX Play of the Day Recaps: May 22 – 26, 2023 | | | We put up five short-term FX strategies this week, with three directional calls arguably playing out as we hoped to a degree. Check out our quick recap to see how they played out and how we may be able to improve in the future! | | | | | | | | | | | How This Trader Knew He Was Finally Ready to Trade Live | | | Forum member Quadricolor writes, "While demo and cent trading I would have profitable runs, then I would think,"I'm missing out! I need to trade!" so I opened accounts too early, luckily I did not put in very big deposits, only a few hundred pounds. I did find it intimidating and an emotional roller-coaster at first." Here's what he did to figure out if he was ready to trade live plus, how he handles the emotional stresses of trading. | | | | | | | |  | 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. | | | | | | | |
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