Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | Here's what happened to the Aussie this week | | Despite negative updates from Australia, counter currency flows and broad risk sentiment were likely drivers for the Aussie’s mixed performance. Here's Pip Diddy with a recap. | | | | | | | | Trader danger: When new traders want to always be right | | The need to be right smothers any chances of success and doing nothing to help the trader grow. Accepting criticism is an important trait that may help you get over those fears of trading by providing insight about your trading shortcomings. | | | | | | | | The yen was having a good week until... | | After spending most of week in the green, the Japanese yen took a turn for the worse on Friday thanks to comments from Japanese officials sparking intervention speculation. | | | | | | | | Which among the major pairs were the top 3 movers this week? | Based on pip volatility alone, according to MarketMilk™, our top three movers are: GBP/USD, EUR/USD, and USD/JPY!
 | | | | | | | | The Kiwi comes out as the worst performer this week | It was a light news week from New Zealand, so its likely that broad risk sentiment and counter currency flows were the main driver for NZD’s underperformance. | | | | | | | | "How much should I risk per trade?" | Forum member Azeem65 asked this question and received this response from Bob5star: "Don’t be greedy. If you want to increase your pip value, increase your margin or capital. Do not increase your risk." Read the rest of the responses in this thread. | | | | | | | | | | | | | |
What drives the global financial markets to shift gears? Is it geopolitical uncertainty , central bank decisions , or the relentless march o...
