Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Saturday, June 3rd | Sponsored By | | |
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| | | | | Here's What Happened to the FX Market This Past Week | | | Strong outing for both the AUD and CAD as U.S. debt default probabilities fell and calls for a June Fed hike "skip" turned on risk-on vibes this week. | | |
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| | | | This Past Week's Strongest and Weakest Currencies | | | Thanks to a mid-week turn in risk sentiment, CAD took the top spot while CHF ended this past week as the weakest currency. MarketMilk™ settings used: 4H time frame, real time price stream. | | |
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| | | | FX Play of the Day Recaps:
May 29 – June 1, 2023 | | | It was a strong week from our FX strategists as three out of five price scenarios arguably played out in our favor, including an expected strong bearish move on AUD/USD. Check out our quick recaps and let us know how you did this week in the comment section below! | | |
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| | | | This Week's Global Market Recap | | | The conclusion of the U.S. debt ceiling drama brought the market's focus back to the major central banks' policy biases. Can you guess which central bank made the biggest headlines? | | |
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| | | | | "What Do You Think About This Risky Trading System?" | | | Forum member Phonix writes, "This is a risk management system that I learned about just yesterday. It says that if you are skilled enough to get 50% winning ratio with R/R=1, you can use this." Read this trading discussion to find out why almost all of the traders who responded advise against using this system. | | |
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 | 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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