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Babypips

@Babypips

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The beginner's guide to currency trading Official Telegram Channel:

Foreign Exchange
Joined October 2008
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@Babypips
Babypips
3 years
Always find yourself wondering when the forex market opens and closes? When the main trading sessions are and how it relates to your own time zone? We gotchu covered. 😎 Explore our new Forex Market Hours tool here:
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@Babypips
Babypips
3 years
Harmony $ONE hits the crypto watchlist this week as both short-term and long-term setups pop up on the radar. Check it!
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@Babypips
Babypips
8 years
Economic Snapshot: The United States
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@Babypips
Babypips
2 years
The inverted hammer that occurs when price has been falling suggests a reversal. The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising. Learn more about them here:
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@Babypips
Babypips
4 years
Do you know what these two triple candlestick patterns are and what they mean? #babypips #forexlesson
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@Babypips
Babypips
4 years
When a support or resistance level breaks, the strength of the follow-through move depends on how strongly the broken support or resistance had been holding. Learn more about support and resistance here:
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@Babypips
Babypips
10 months
The hammer is a bullish reversal pattern that forms during a downtrend. It is named because the market is hammering out a bottom. The hanging man is a bearish reversal pattern that can also mark a top or strong resistance level. Learn about them here:
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@Babypips
Babypips
2 years
The ABCD: the simplest harmonic pattern. #forexlesson #babypips
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@Babypips
Babypips
3 years
The Elliott Wave Theory doesn't just work on bull markets. You can see it work on bear markets, too. #babypips #elliottwavetheory
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@Babypips
Babypips
6 years
Descending triangles are generally bearish signals. To take advantage of this, our goal is to position ourselves to go short if the price should breakout below the support level. #descendingtriangles #babypips
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@Babypips
Babypips
3 years
#ForexLesson : Evening and Morning Stars are reversal patterns that can be recognized through three characteristics:
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@Babypips
Babypips
3 years
Do you know what these two triple candlestick patterns are and what they mean? #babypips #forexlesson
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@Babypips
Babypips
5 years
Building wealth through trading takes time and practice to build the skills and experience needed to be successful.
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@Babypips
Babypips
5 years
The inverted hammer that occurs when price has been falling suggests a reversal. The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising. Learn more about them here:
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@Babypips
Babypips
3 years
Online trading may seem like an easy job to outsiders. To them, all traders do is sit in front of a computer, read a bunch of news articles, put up some lines on a chart, and then money will magically appear. But every forex trader will tell you that this is not the case.
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@Babypips
Babypips
4 years
Do you know what these two triple candlestick patterns are and what they mean? #babypips #forexlesson
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@Babypips
Babypips
1 year
Here’s a pip “map” to help you to learn how to read pips… Learn more about pips and how to calculate its value in this School of Pipsology lesson: #forexlesson #babypips
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@Babypips
Babypips
4 years
The hammer is a bullish reversal pattern that forms during a downtrend. It is named because the market is hammering out a bottom. The hanging man is a bearish reversal pattern that can also mark a top or strong resistance level. Learn about them here:
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@Babypips
Babypips
3 years
As time went by, the popularity of the Gartley pattern grew and people eventually came up with their own variations. Are you familiar with these patterns?
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@Babypips
Babypips
4 years
The morning star and the evening star are triple candlestick patterns that you can usually find at the end of a trend. Do you know what they mean? #babypips #forexlesson
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@Babypips
Babypips
2 years
[QUIZ] When starting something new, you have to know exactly how you will make money. The same goes for forex. Put your knowledge to the test by taking this quiz!
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@Babypips
Babypips
1 year
The bullish engulfing pattern is a two candlestick pattern that signals a strong up move may be coming. On the other hand, the bearish engulfing pattern is the opposite of the bullish pattern. Learn more about them here:
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@Babypips
Babypips
4 years
Instead of simply buying right off the bat, we want to wait for it to bounce first before entering. If you’ve been looking to go short, you want to wait for it bounce off resistance before entering. #thebounce
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@Babypips
Babypips
3 years
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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@Babypips
Babypips
4 years
Do you know what these two triple candlestick patterns are and what they mean? #babypips #forexlesson
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@Babypips
Babypips
3 years
#ForexLesson : Evening and Morning Stars are reversal patterns that can be recognized through three characteristics:
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@Babypips
Babypips
3 years
There has always been a constant debate as to which market analysis is better, but really, you need to know all 3. It’s like standing on a 3-legged stool. If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
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@Babypips
Babypips
4 years
As time went by, the popularity of the Gartley pattern grew and people eventually came up with their own variations. Are you familiar with these patterns?
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@Babypips
Babypips
5 years
Greed is often considered the most dangerous emotion for traders; even worse than fear. Fear can paralyze you and keep you from trading, but your capital is preserved. On the other hand, greed PUSHES you to act, in ways and at times when you shouldn’t.
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@Babypips
Babypips
5 years
Do you know what these dual candlestick patterns are telling you? #forexlesson #babypips #tradingbasics
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@Babypips
Babypips
5 years
The hammer is a bullish reversal pattern that forms during a downtrend. It is named because the market is hammering out a bottom. The hanging man is a bearish reversal pattern that can also mark a top or strong resistance level. Learn about them here:
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@Babypips
Babypips
4 years
How to Find Fibonacci Retracement Levels During an Uptrend / Downtrend #babypips #forexlesson
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@Babypips
Babypips
4 years
"Forex is not for everyone. If you are not patient, not prepared to keep learning, not to think long term and not plan and persevere; but you are looking for instant success, shortcuts, 99% success rate. . .forex is not for you." -gp00053
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@Babypips
Babypips
4 years
The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements. Learn more about the three drive pattern in this school lesson. #harmonicpricepattern #babypips
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@Babypips
Babypips
2 years
"Forex trading isn’t a game. It is part of an illusion that it has anything in common with gambling, betting. It is more than just a technical approach to the markets, it is more than just trading a pair up and down - it is hard work." -Dirk F.
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@Babypips
Babypips
3 years
Trading for a living can be a dream come true, but it can also be a nightmare. If you believe trading is easy, you’re done before you even started. Trading is not easy.
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@Babypips
Babypips
2 years
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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@Babypips
Babypips
4 years
Remember that forex trading is a marathon and not a sprint. The bigger your account and the smaller your position size, the longer can keep trading for another day.
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@Babypips
Babypips
2 years
Forex newbies, do you know what these candlestick patterns are telling you? If not, time for you to go and study this School of Pipsology lesson:
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@Babypips
Babypips
4 years
Do you know what these dual candlestick patterns are telling you? #forexlesson #babypips #tradingbasics
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@Babypips
Babypips
6 years
Trading forex is not for the unemployed, those on low incomes, are knee-deep in credit card debt or who can’t afford to pay their electricity bill or afford to eat. #fx #forex #babypips
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@Babypips
Babypips
4 years
How to Find Fibonacci Retracement Levels During an Uptrend / Downtrend #babypips #forexlesson
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@Babypips
Babypips
4 years
A Gartley forms when the price action has been going on a recent uptrend (or downtrend) but has started to show signs of a correction. We cover the characteristics of the “perfect” Gartley pattern here:
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@Babypips
Babypips
4 years
The 5 Things Traders Do to Destroy Their Own Accounts
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@Babypips
Babypips
4 years
#ForexLesson : How to Use Fibonacci Retracement with Trend Lines #babypips
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@Babypips
Babypips
10 months
The morning star and the evening star are triple candlestick patterns that you can usually find at the end of a trend. Do you know what they mean? #babypips #forexlesson
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@Babypips
Babypips
3 years
The 5 Things Traders Do to Destroy Their Own Accounts
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@Babypips
Babypips
9 years
In the mood to trade the Loonie? I've spotted setups on USD/CAD, CAD/JPY, and EUR/CAD! http://t.co/7tfTLC0y6i #forex
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@Babypips
Babypips
4 years
When plotting support and resistance, you don’t want the reflexes of the market. You only want to plot its intentional movements. Plot your support and resistance lines around areas where you can see the price forming several peaks or valleys. #babypips
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@Babypips
Babypips
4 years
The three inside up candlestick formation is a trend-reversal pattern that is found at the bottom of a DOWNTREND. This triple candlestick pattern indicates that the downtrend is possibly over and that a new uptrend has started. Learn more about it here:
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@Babypips
Babypips
4 years
When a double top or double bottom chart pattern appears, a trend reversal has begun. In this forex lesson, we teach you how to identify these chart patterns and trade them.
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@Babypips
Babypips
6 years
Reversal patterns are those chart formations that signal that the ongoing trend is about to change course. If a reversal chart pattern forms during an uptrend, it hints that the trend will reverse and that the price will head down soon.
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@Babypips
Babypips
5 years
"Forex is not for everyone. If you are not patient, not prepared to keep learning, not to think long term and not plan and persevere; but you are looking for instant success, shortcuts, 99% success rate. . .forex is not for you." -gp00053
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@Babypips
Babypips
4 years
#ForexLesson : How to Use Fibonacci Retracement with Support and Resistance #babypips
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@Babypips
Babypips
4 years
In times of slow markets, you’ll have to think of yourself as a spider. That is, instead of moving around to find prey, a spider simply builds a web and waits patiently for its food to fall into it.
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@Babypips
Babypips
2 years
"Plan your trades WELL before they happen, meaning it should have an entry, stop-loss and take-profit. Make sure you stick to your plan thru thick and thin, meaning of course, win or lose…stick to the plan!" -Butch B.
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@Babypips
Babypips
3 years
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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@Babypips
Babypips
5 years
Ever wanted to keep a trading journal but just haven't found the motivation to do it? This giveaway might just do the trick!
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@Babypips
Babypips
2 years
There has always been a constant debate as to which market analysis is better, but really, you need to know all 3. It’s like standing on a 3-legged stool. If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
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@Babypips
Babypips
4 years
When plotting support and resistance, you don’t want the reflexes of the market. You only want to plot its intentional movements. Plot your support and resistance lines around areas where you can see the price forming several peaks or valleys. #babypips
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@Babypips
Babypips
4 years
How to Find Fibonacci Retracement Levels During an Uptrend / Downtrend #babypips #forexlesson
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@Babypips
Babypips
2 years
#ForexLesson : The three inside down candlestick formation is found at the top of an UPTREND. It means that the uptrend is possibly over and that a new downtrend has started. Details on this candlestick pattern here >>
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@Babypips
Babypips
3 years
In this School of Pipsology lesson, you will learn how to use single candlestick patterns to identify potential market reversals. #babypips
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@Babypips
Babypips
6 years
"Forex is not for everyone. If you are not patient, not prepared to keep learning, not to think long term and not plan and persevere; but you are looking for instant success, shortcuts, 99% success rate. . .forex is not for you." -gp00053
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@Babypips
Babypips
2 years
Do you know what the 3 cardinal rules of the Elliott Wave Theory are? #babypips #elliottwave
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@Babypips
Babypips
4 years
Trading for a living can be a dream come true, but it can also be a nightmare. If you believe trading is easy, you’re done before you even started. Trading is not easy.
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@Babypips
Babypips
2 years
The key to being a successful forex trader is coming up with trading plan that enables you to withstand these periods of large losses. And part of your trading plan is having risk management rules in place. #riskmanagement #babypips #forexlesson
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@Babypips
Babypips
3 years
The hammer is a bullish reversal pattern that forms during a downtrend. It is named because the market is hammering out a bottom. The hanging man is a bearish reversal pattern that can also mark a top or strong resistance level. Learn about them here:
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@Babypips
Babypips
4 years
Do you know what these dual candlestick patterns are telling you? #forexlesson #babypips #tradingbasics
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@Babypips
Babypips
4 years
How to Use Fibonacci Extensions to Know When to Take Profit #fibonacci #forexlesson #babypips
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@Babypips
Babypips
8 years
Happy Pip see a potential Triangle Breakout on USD/CAD after the BOC statement
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@Babypips
Babypips
3 years
"Forex trading isn’t a game. It is part of an illusion that it has anything in common with gambling, betting. It is more than just a technical approach to the markets, it is more than just trading a pair up and down - it is hard work." -Dirk F.
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@Babypips
Babypips
6 years
For the first time in many years, we’re releasing another set of limited edition shirts! 💥 Only select members get to keep them though. If you’d like to rock this beautimous shirt too, stay tuned! We have something come up in a few days. 😉
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@Babypips
Babypips
4 years
According to Elliott, there are 21 corrective ABC patterns ranging from simple to complex. Are you familiar with these formations? #babypips
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@Babypips
Babypips
3 years
The morning star and the evening star are triple candlestick patterns that you can usually find at the end of a trend. Do you know what they mean? #babypips #forexlesson
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@Babypips
Babypips
5 years
Your trading capital is used to earn money. You should treat each dollar is like a newborn baby. Your first and foremost responsibility is to protect it. If you lose it, you have less to help you earn money.
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@Babypips
Babypips
4 years
#ForexLesson : How to Use Fibonacci Retracement with Trend Lines #babypips
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@Babypips
Babypips
5 years
"Forex is not for everyone. If you are not patient, not prepared to keep learning, not to think long term and not plan and persevere; but you are looking for instant success, shortcuts, 99% success rate. . .forex is not for you." -gp00053
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@Babypips
Babypips
5 years
The simplest way to play breakouts is to buy or sell whenever price passes convincingly through a support or resistance zone. Read more about this method here:
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@Babypips
Babypips
4 years
#ForexLesson : Evening and Morning Stars are reversal patterns that can be recognized through three characteristics:
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@Babypips
Babypips
5 years
Forex will not make you rich in the short term. It will likely take years before you’re trading well enough to leave your day job. Forex is a career and in the long run, if you’re successful, it can give you a very relaxed life.
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@Babypips
Babypips
4 years
How to Use Fibonacci Extensions to Know When to Take Profit #fibonacci #forexlesson #babypips
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@Babypips
Babypips
5 years
The bullish engulfing pattern is a two candlestick pattern that signals a strong up move may be coming. On the other hand, the bearish engulfing pattern is the opposite of the bullish pattern. Learn more about them here:
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@Babypips
Babypips
2 years
Here’s a pip “map” to help you to learn how to read pips… Learn more about pips and how to calculate its value in this School of Pipsology lesson: #forexlesson #babypips
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@Babypips
Babypips
5 years
According to Elliott, there are 21 corrective ABC patterns ranging from simple to complex. Are you familiar with these formations? #babypips
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@Babypips
Babypips
4 years
"Forex is not for everyone. If you are not patient, not prepared to keep learning, not to think long term and not plan and persevere; but you are looking for instant success, shortcuts, 99% success rate. . .forex is not for you." -gp00053
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@Babypips
Babypips
4 years
Do you know what these two triple candlestick patterns are and what they mean? #babypips #forexlesson
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@Babypips
Babypips
3 years
Thoughts? 🤔
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@Babypips
Babypips
2 years
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.
Tweet media one
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@Babypips
Babypips
4 years
"Forex trading isn’t a game. It is part of an illusion that it has anything in common with gambling, betting. It is more than just a technical approach to the markets, it is more than just trading a pair up and down - it is hard work." -Dirk F.
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@Babypips
Babypips
6 years
Forex trading is a career, not a get rich quick scheme. If you want to be rich quick hit the casinos. You have a better chance of winning there.
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@Babypips
Babypips
4 years
Forex will not make you rich in the short term. It will likely take years before you’re trading well enough to leave your day job. Forex is a career and in the long run, if you’re successful, it can give you a very relaxed life.
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@Babypips
Babypips
6 years
#Forex Lesson: Hidden Divergence
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@Babypips
Babypips
4 years
When plotting support and resistance, you don’t want the reflexes of the market. You only want to plot its intentional movements. Plot your support and resistance lines around areas where you can see the price forming several peaks or valleys. #babypips
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