Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Wednesday, June 7th | Sponsored By | | |
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| | | | | Bitcoin's (BTC/USD) Trend Pullback Trade | | | Looking for another chance to short bitcoin (BTC/USD) this week? BTC/USD is testing a dynamic resistance zone that just might lead to a bearish momentum for the OG crypto. | | |
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| | | | Is GBP/USD a Buy or Sell? | | | Four out of the five of MarketMilk's Buy or Sell indicators are rating this pair as bullish. It's not rated as oversold nor overbought just yet so make sure to keep an eye on this pair in case the trend reverses! | | |
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| | | | How to Minimize False Signals From Technical Indicators | | | No technical indicator is foolproof. To minimize false signals, where the price movement differs from what was expected from the indicator, a technical indicator is often combined with other "tests" or with other indicators to increase its reliability. | | |
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| | | | What Does It Mean to Be "Trading on Tilt"? | | | When traders make decisions based on emotion rather than analysis, they are more likely to take on excessive risk, miss out on potential gains, and ultimately, lose money. | | |
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| | | | | "I'm Struggling with Trade Entries: Direction is Right But Experience Heavy Drawdown." | | | Forum member katlegonthibo23 laments, "I'm struggling when it comes to entries. I usually get the direction right but because of my entries, I'll be on heavy drawdown before initial moves could happen. I need help." | | |
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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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