Baby Pips Forum
9,576 FOLLOWERS
BabyPips is an online forum, helping and advising individual traders all about how to trade currencies. Ask here forex questions and share trade ideas, market analysis, and trading systems with other traders.
Baby Pips Forum
8h ago
Hey everyone! Today, I want to chat with you about two super handy tools for simplifying trading: Copy Trading and Trade Copiers. Ready? Let’s dive in!
Copy Trading
First up, we have Copy Trading! This method is super convenient because it all runs in the cloud. Here’s why it might be just what you’re looking for:
Famous Platforms: Have you heard of cTrader Copy, ZuluTrade, or eToro? They’re among the most popular for a good reason!
No Need for a PC to Stay On: You don’t have to worry about keeping your computer on! Once you set it up, everything runs automatically.
User-Friendly: It’s perfec ..read more
Baby Pips Forum
8h ago
Dear Community Members,
We’re thrilled to roll out the Participate & Promote Active Member program for all TL3 members, designed to foster a more dynamic, supportive, and engaging forum experience for everyone. We value the contributions of our active members and want to reward you for your dedication and influence in shaping our community.
Here’s the scoop:
For the TL3 Crew The program is exclusively for our Trust Level 3 (TL3) - Regular members — our top contributors — who’ve demonstrated their commitment to the community by actively posting, commenting, and interacting with other mem ..read more
Baby Pips Forum
11h ago
At the 100-day moving average level, the direction of gold price is uncertain. The sharp drop in China’s stock market at the opening is not good for gold price , but gold has not yet broken the previous low of 2640 support, so before breaking, it is mainly bullish with a small stop loss. Once it breaks, stop loss and reverse to short until the previous low of 2625. The biggest intraday volatility may still occur in the French motion vote. Long orders need to be wary of the good employment data in the United States .
Trading strategy: mean reversion near 2640, bullish on dips; below 2635, s ..read more
Baby Pips Forum
19h ago
Today’s growth figures are unlikely to force the RBA into any easing action, but it has been enough to weigh on the Australian dollar and ASX 200. And this could allow EUR/AUD to continue higher after a 4-day retracement.
By : Matt Simpson, Market Analyst
Australian GDP slowed to a 4-year low of 0.8% y/y, down from 1% in Q2 and missing its estimate of 1.1%. And while GDP q/q rose at its fastest quarter in four, it also missed its estimate of 0.5%. I had a hunch the data would be miss given weak data released earlier in the week, which saw housing approvals and company profits also miss the mar ..read more
Baby Pips Forum
19h ago
CoinDesk
XRP News: Ripple Whale Activity Zooms to Record High, But Signs of Concerns
Whales can move markets with their buying or selling pressure, and tracking this can indicate their market sentiment.
XRP is going nuts. Hopefully you got it, or you held your bags over the years. I got rid of my XRP many years ago. Good on you if you held. Several of the dinos are waking up and making huge moves. Crazy.
1 post - 1 participant
Read full topic ..read more
Baby Pips Forum
22h ago
Having fallen over 5% from the November high already, the two days of indecision around support alongside a bullish divergence suggest USD/JPY could be vulnerable to some bullish mean reversion.
By : Matt Simpson, Market Analyst
USD/JPY technical analysis:
Since the November high, USD/JPY has fallen over 5% and printed just three bullish candles over the past 12. That alone suggests the move lower may be nearing an inflection point, but there are other clues too. A second consecutive doji formed on Tuesday, and both printed daily closes just above the August high and October VPOC (volume poin ..read more
Baby Pips Forum
1d ago
It’s crazy how so many things are happening. Just a few hours ago, the president of South Korea declared an emergency martial law. Makes me feel like WW III can really happen. But I wonder if this will have any effect on any of the currencies?
INQUIRER.net – 3 Dec 24
South Korean president declares emergency martial law
Updated on December 3, 2024 at 10:41 p.m. SEOUL, South Korea — South Korean President Yoon Suk Yeol declared an “emergency martial law,” Tuesday accusing the country’s opposition of
Est. reading time: 3 minutes
2 posts - 2 participants
Read full topic ..read more
Baby Pips Forum
1d ago
[2024-12-03 Overnight Review]
FOREX:
The U.S. Dollar Index exhibited mixed sentiment, oscillating between 104.70 and 104.90 before closing at 104.82, reflecting cautious market positioning ahead of key Federal Reserve remarks. The euro edged higher to 1.0530, supported by improving Eurozone inflation data, while the yen weakened to 150.35 due to dovish Bank of Japan policies.
GOLD:
Spot gold prices rose 0.5%, closing at $2,038.40 per ounce. Persistent concerns over global economic stability and expectations of a softer Federal Reserve stance on interest rates sustained the metal’s appeal as ..read more
Baby Pips Forum
1d ago
Hi,
I’m new to this site and have been workign on a cBot that displays some quick glance info to help me with my trading.
I’ve created the following information panel which loads top right
It basically gives me:
a dynamically updated pip difference for every tick.
Market Sentiment according to last 10 candles on EMA 20 - showing trend on a 15m chart
Market Sentiment according to last 10 candles on EMA 50 - showing trend on a 1hr chart
Market Sentiment according to last 10 candles on EMA 100 - showing trend on a 1day chart
Market Sentiment according to last 10 candles on EMA 200 - showing tr ..read more
Baby Pips Forum
2d ago
Hi everyone, i just want to know how long everyone is usually in a trade for? in terms of intraday/day trading. im sometimes struggling and dont understand how some people are in a trade for 10-15 mins. Maybe when NYC/london is open i can see but otherwise i dont know how
1 post - 1 participant
Read full topic ..read more