![Baby Pips Forum](https://i1.feedspot.com/4974260.jpg?t=1597906191)
Baby Pips Forum
9,547 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
16h ago
Hello!
I have been studying ICT for about 6+ months now and have a good idea about the markets. So much so that it has led me to becoming funded.
Im looking for like minded individuals to surround myself with in the ICT space (share ideas, wins, losses, etc). If anyone is looking for an additional member to include in a group chat (Whatsapp, etc) please let me know.
I’m not looking to join a paid group by any means, just looking to get around people who are on the same journey as I am.
Cheers,
TRH
1 post - 1 participant
Read full topic ..read more
Baby Pips Forum
20h ago
Trading strategy: Short-term rebound trading in the support area according to the profit and loss ratio, and short-selling after breaking the position.
Resistance reference: 2365, 2383
Support reference: 2350, 2340
Technical aspect: After the sharp drop in gold prices yesterday, it continued to fall today. The area around 2365 can be used as the long-short watershed during the day. Below the long-short watershed, it tends to be short. If the area is broken, it can turn long during the day.
News aspect: The core inflation of US PCE in the evening may affect the trend of the US dollar and gold p ..read more
Baby Pips Forum
20h ago
By :David Scutt, Market Analyst
AUD/USD has been highly correlated with commodity and US stock futures over the past fortnight
Those markets stabilised on Thursday following the recent rout
AUD/USD has equaled its longest losing streak since August 2019
China’s market opening likely to be influential on Friday
AUD/USD losing streak the longest in five years
AUD/USD has equaled its longest losing streak since August 2019, hammered by deteriorating sentiment towards the outlook for the Chinese economy and investor risk appetite, especially towards big tech. Should it decline again on Friday, i ..read more
Baby Pips Forum
20h ago
USD/JPY formed a potential bullish reversal day at key support ahead of today’s US inflation report. With decent GDP figures also helping crude oil prices post a decent day’s gain.
By :Matt Simpson, Market Analyst
US growth far surpassed expectations in Q2 , rising 2.8% q/q compared with 2% estimated and 1.4% prior. Core PCE prices increased at a slower pace than feared at 2.9% q/q, although slightly above the 2.7% previously. Personal spending was also a beat at 2.3%. Overall, this plays into the soft landing scenario the Fed are aiming for and does little to derail expectations of a cut in S ..read more
Baby Pips Forum
20h ago
Hi fellow traders,
I’m reaching out to gather some insights about your experiences with RoboForex. I’ve been considering using them as my broker, and I have a few questions that I hope some of you can help answer.
First, I’d love to hear some success stories. How long have you been trading with RoboForex, and what kind of monthly returns are you typically able to extract from the market? It’s always inspiring to learn from those who are consistently profitable.
I have a promising strategy that I’m confident can deliver good results. However, I’m a bit hesitant because RoboForex is a mixed A/B ..read more
Baby Pips Forum
20h ago
Dear Traders,
Here i will be posting the Daily Market Analytics in the Forex pairs listed below:
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDCAD
USDCHF
USDJPY
EURJPY
GBPJPY
EURGBP
I am using the Candlestick patterns and Major Technical indicators for this analysis which will be posted → pre London markets Open time.
Thanks
3 posts - 1 participant
Read full topic ..read more
Baby Pips Forum
2d ago
After a hefty pullback, 19k looms for Nasdaq futures traders. Yet the higher timeframes suggests there could further downside even if it manages a bounce from nearby support. The ASX may fare better as its pullback is so far pale in comparison.
By :Matt Simpson, Market Analyst
I’m sure you have noticed by now that markets have entered a risk-off phase, with global indices falling alongside commodities and key commodity currencies such as the Canadian, Australian and New Zealand dollar. And a tell tale sign that investors are flocking to cash is that we’re also seeing gold fall alongside bond p ..read more
Baby Pips Forum
2d ago
By :David Scutt, Market Analyst
AUD/JPY most oversold on RSI (14) since pandemic plunge
It’s rare to see such violent moves outside of crisis periods
USD/JPY unwind tops 5%, weighing on Japan’s Nikkei 225
JPY carry trades unwinding like we’re in a crisis
You don’t see unwinds of Japanese yen carry trades like we’re seeing right now outside of crisis periods. It doesn’t feel like we’re in a crisis, making me wonder just how long the current bearish move will last? AUD/JPY has been among largest casualties, hammered lower by a combination of China pessimism, large declines on Wall Street and n ..read more
Baby Pips Forum
2d ago
The build-up of hawkish expectations of the BOJ alongside the Wall Street slide certainly made its mark on AUD/JPY which fell to an 11-week low, stopping just shy of the 101 handle. AUD/USD bears made light work of the 200-day MA.
By :Matt Simpson, Market Analyst
The Wall Street selloff caught a second wind following a disappointing start to big tech earnings. Investors are sobering up to the eye-watering numbers being spent on AI by Alphabet and Tesla to chase lacklustre results, which saw Wall Street nurse its heaviest single-day losses of the year. The Nasdaq 100 tumbled -3.7% during its wo ..read more
Baby Pips Forum
3d ago
Is this the www.innercircletrader.website of ICT, also known as the Inner Circle Trader? I am new to ICT trading. Can anyone guide me on where to start learning ICT trading concepts? Are there any good resources for learning?
1 post - 1 participant
Read full topic ..read more