Forex Forum
Discuss the foreign exchange market, specific currency pairs and trading strategies with other currency traders.
Is anyone else feeling nervous about the FOMC meeting on June 11th/12th? The Fed's decision on interest rates could really shake things up, and I'm not sure which way the dollar is going to jump. I'm thinking of holding off on any major trades until the dust settles. Anyone have any insights or predictions?
Has anyone used the RSI to trade Forex with success? I've heard mixed reviews about it.
What's the best time to trade GBP/USD in your opinion? This currency pair could appreciate when the Fed starts cutting interest rates.
When is the best time to trade Forex? I'm looking for ways to optimise my trading strategy.
Thoughts on scalping?
Hey everyone! I'm pretty new to Forex trading and I've been reading up on different strategies. I came across something called "scalping" and it sounds interesting but also a bit overwhelming. Has anyone here tried it? How effective is it, and what should a beginner like me watch out for?