Forex Gump

Forex Gump


Learn forex currency trading online with the FX-Men and get your pippin' on!

127786 followers  •  2054 follow  •  Eastern Time (US & Canada)  •   http://www.babypips.com/

Did you know that BabyPips has a Gain & Loss Percentage Calculator? Our gain and loss percentage calculator quickly tells you what percentage of your account balance that you have won or lost.

"You go out into the market and you just get beat relentlessly and there seems to be no hope anywhere. But eventually you figure out some things and come out of it, but while you are in it it is the worst." -Coffeeshop

Enough experience in the forex market can delude some traders into believing that they can fully predict price action.

[QUIZ] How well do you know bitcoin? Test your bitcoin knowledge with our Bitcoin Trivia quiz!

"The most important habit that has helped me (in trading) is not getting emotional. When a trader gets emotional they tend to sabotage their trades, and it ultimately hinders their ability to make money." -Krugman25

While trading on margin can be a profitable trading strategy, it is important that you take the time to understand the risks. Make sure you fully understand how your margin account works, and be sure to read the margin agreement between you and your bro...

Experienced traders: What advice would you have given your newbie trader self? Join the forum discussion here:

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In the mood to trade the Loonie? I've spotted setups on USD/CAD, CAD/JPY, and EUR/CAD! #forex 

It is only you and the market. No matter what you think or what happens, the market is always right! Only you can be wrong. Learn humility and be humble, respect and listen to the market and you will become a successful trader.

Just because your account is in the green doesn’t mean you should stop working to be better. That is the beauty of forex trading – there’s ALWAYS room for improvement.

Pipcrawler gained a total of +200 pips from his GBP/USD #forex  trade. Check it!

According to Scott Carney, a firm believer in harmonic price patterns, the Crab is the most accurate among all the harmonic patterns. This pattern has a high reward-to-risk ratio because you can put a very tight stop loss.

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Remember that trading is a marathon and not a sprint. The goal is to trade for another day until you learn how to be consistently profitable with your strategies. Don’t sabotage your progress by forcing your trades.

Looking for some long-term #forex  plays? Here are setups on GBP/USD, EUR/JPY, and NZD/USD!

When the forex market moves up and then pulls back, the highest point reached before it pulled back is now resistance. As the market continues up again, the lowest point reached before it started back is now support.

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