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FX Play of the Day Recaps: May 22 – 26, 2023

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Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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weekly FX recap

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.

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Trade Recaps

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!

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Trading Discussion

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.

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