I need to see real growth in metrics like customer acquisition and trading volume before making a deeper commitment. From what I can tell, the news about EDXM will only be positive for Coinbase if it helps to expand the pie for the crypto industry as a whole. That's right -- they think these 10 stocks are even better buys. Independent nature of EDXM would also restrain the firm from the possibility of conflicts of interest. EDXM needed to prove its utility to stay relevant within the crypto space though. For now, I'm taking a wait-and-see backed crypto exchange with Coinbase. Meanwhile, the EDX exchange would work to accommodate both private and institutional investors.
Alexa rank: 4, Despite ostensibly being a forum for MT5 users, there is just as much if not more content surrounding the more popular Metatrader 4, and quite a lot of general forex trading discussion for users of all platforms, particularly in the Trading Discussion area of the forum. Babypips Forum Alexa rank: 7, As one of the foremost Forex trading educational websites, it is natural that this discussion board focuses on the needs of beginner traders, although some of the conversations might be of interest to more experienced traders too, especially the Analyst Arena sub-forum.
There are dedicated sections for different disciplines, such as fundamental analysis and technical analysis, day and swing trading strategies, and automated trading. A great place to further your knowledge and find answers to your specific questions. It contains 20 different forums related to different aspects of forex trading, including Technical and Fundamental Analysis, Trading Systems and Strategies, Forex Brokers, and Forex Education, a section dedicated to Metatrader, and sub-forums in non-English languages such as Russian, Chinese, and Spanish.
This makes it a little trickier to find the topics that you are looking for, but only a little, and it has the knock-on effect of making the forum more inclusive. This means that, whenever you post something new, it will be seen by the whole community, and you will be more likely to get a quick response.
Trade2Win Forums Alexa rank: 24, Although this forum purports to cater for traders in all markets, most of the traffic comes from forex traders, and these sections are by far the most popular in terms of viewer and post numbers. The sub-forums — of which there are many — are divided into categories such as T2W Community, Trading Career, Trading Tools, Trading Control, Trading Methods, Trading Brokers, Trading Choices, and New Traders, but it is the Forex discussion in the Trading Choices sub-section that will be of most interest to FX traders, and this is coincidentally the most popular section of the forum.
This can be beneficial in learning the different types of trading philosophies and techniques that can be applied to the Forex market. But how does a novice trader choose among all the different options that are out there? This can seem like a daunting task, especially for those getting started and have little experience to go by. To help in this regard, we have listed the seven highest quality Forex trading blogs on the web.
This list of top Forex forums include some that are geared more towards discretionary trading and also a couple that are more focused on automated and systems trading. Traders are encouraged to visit each of these top forex forums that made the cut, to see which one or two suits their preferences the best.
This is because it can be quite overwhelming to follow more than one or two. Doing so can sometimes lead to information overload and paralysis analysis. Keep in mind there are many other novice and inexperienced traders within these trading forums trying to find their own way.
As such, the best advice would be to take in as much knowledge as you can, but you should always test any ideas for yourself in a demo or practice account before committing your hard-earned dollars to it in the market. Many beginning traders also make the mistake of focusing solely on the strategies or set up sections of a forum, often ignoring other important threads such as those related to trading psychology , risk control, and money management.
Babypips Babypips is a top-notch Forex trading forum that was founded in and has served as a steppingstone for thousands of newbie Forex traders. Babypips offers both the traditional forum format, along with a special educational section. The educational section takes users through the most important concepts related to trading the Forex market.
This education section is often referred to as the school of Pipsology. It includes different levels based on the difficulty of the learning objects. For example, their preschool section covers basic areas such as, what forex trading entails, and how to buy and sell currency pairs. Moving on from there is the elementary section that teaches traders about support and resistance and trendlines.
After that would be the kindergarten section which describes the different broker models and the process of opening a Forex account. This is followed by the high school, middle school, and graduation level materials which get progressively more in depth, respectively. The education section also includes quizzes that will help you to test your knowledge and see which areas you have grasped, and which areas that you need to spend more time learning about.
Now getting to the heart of the Babypips website is the forum section. There is an, introduce yourself section, that allows you to provide some background on yourself and let the community know where you are in your trading journey. This includes beginner questions, trading discussion, trading systems, community, broker discussion, trading tech and tools, bitcoin talk and crypto, global markets, commercial content, and the lobby.
Each of these primary topic areas will include additional subtopics. As an example, one of the most popular topic areas is the trading discussion section. Within the trading discussion subforum, you will find discussions on currencies, economics, risk management practices, trade journals , trading lifestyle, and more. Another interesting aspect of the Babypips website is the Babypips tools section.
This includes a host of calculators that can help traders make better trading decisions. Currently, they offer the pip value calculator, pivot point calculator, position sizing calculator, and a gain and loss percentage calculator. Many users rely on these calculators on a regular basis and will refer to them prior to initiating any potential trade.
Users can participate in any and all of the subforums, and they can opt to receive notifications via email based on mentions, replies, or other types of actions. Forex Factory Forex Factory is one of the oldest and most recognized Forex trading forums for beginners in the industry. It has tens of thousands of active users on the platform that regularly contribute to various content threads and discussions. But the Forex factory website goes well beyond a traditional forum platform.
As with most other Forex market forums, you will first need to become a member before you can gain access to all of its features. Becoming a member is a breeze and there is no cost or charge to do so. It is completely free to use. Now before you become a member, you will need to review their requirements for remaining in good standing.
This includes a code of conduct which forbids posting spammy information, engaging in any unethical practices, and blatant self-promotion, to name a few. The primary topic areas within the Forex Factory forum section include interactive trading, trading systems, trading discussion, platform tech, broker discussion, trading journals, rookie talk, and commercial content. Of these the platform tech and trading discussion sections are the most active with over 10, threads in each of these two categories.
Click Here To Join Within trading discussion, threads that are related to technical analysis, primarily price action analysis is quite active. Within the platform tech category threads related to coding and programming expert advisors within the MetaTrader platform is quite popular. As a member in good standing you will be able to access all the available subforums, post and receive messages both publicly and privately, subscribe to specific threads, and enjoy using the myriad of trading tools available on the site.
One of the best-known features within the Forex factory platform is its economic calendar. An economic calendar is an essential tool for virtually every Forex trader, regardless of whether they engage in trading based on technical or fundamental analysis. Knowing what economic events and reports are scheduled for a trading day or week will help you to avoid getting railroaded on potential trades. Within the Forex Factory economic calendar, you are able to apply specific filters which will allow you to narrow or expand your search results.
For example, one of the more useful filter settings is based on economic report impact.
New users are restricted in terms of actions and have yet to earn the trust of the admin. This is a common way to maintain quality discourse in the forum. A positive, however, is that new members can already contribute valuable insights through adding new topics. How to Sign up for a BabyPips Membership babypips has an easy sign up process.
To get started follow these simple steps: Go to babypips. Upon confirming, you are good to go! Elite Trader is a free web-based platform for traders of any experience levels. About the Forex Forum According to the website, The Elite Trader forum now has , threads containing over 4 million posts.
This showcases the abundance of activity that the forum generates. Elite Trader accommodates a variation of financial instruments as topics. Traders can actively contribute on the topic of Stocks, Futures, Options, and Currencies. Elite Trader has a group of different sponsors that offer their own proprietary resources.
Forex Forum Structure Elite Trader has two ways of displaying threads. Firstly, a list of threads will appear. I will indulge in this in the next section. If you are interested in topics that are currently relevant, such as trade ideas and political issues.
Elite Trader has a multitude of threads that cater to this type of need. Many contributors share trading ideas and insights about current market conditions which can be very helpful for onlookers searching for a trade opportunity. Zooming out, the Elite Trader forum has a vast library of topics — from geopolitical issues that may tip over the balance of market conditions to stocks making the biggest moves.
Every topic that grapples with the vast world of financial markets can be discovered here. Here are some of the general categories along with thread topic samples: General Topics — this includes thread about Trading, Journals, Wall St. By date By name of the member who posted Elite Trader Forex Forum Population According to its website, Elite Trader has over a hundred thousand members with over , threads.
Generally, users can take part through reading, following and interacting with the various different topics and the insightful Elite Trader members. Read for Leisure or Learning What makes Elite Trader a successful forum since is the vast library of financial topics and the ever growing number of threads that talk about the latest events, whether politically, economically or company-driven.
Nearly, if not all, topics about the financial world are talked about in the forum. Members can read or sift through these threads for leisure or to enhance knowledge. Begin your reading just by selecting a category then a thread that interests you. You can do this by simply clicking, which will automatically display the posts within this thread.
Take part of keeping conversations alive by sharing your insights through a post on a thread. Unlike other forums, Elite Trader is a tad bit more lenient when it comes to moderating. Members can freely post thoughts without being warned about language.
Reply Clicking Reply will immediately quote the selected post on the textbox below. Share Clicking share will automatically generate a permalink for the selected post. To share, copy this link and paste it on your social media via post or tweet.
Active Sponsorships — Full house of sponsors which offers a variety of resources — from free trading journals to trading platforms. Social Network Vibe — The less stringent moderation creates a social network vibe where members freely interact with each other. Cons Less Stringent Moderation — This can be an advantage as well as a disadvantage.
Allows users to speak their minds. Less focus on educational resources — This forum may not be the best resource for beginning traders who are seeking to learn the ropes. Despite this, the application is still quick and easy. EarnForex Established in , EarnForex. Other than this, EarnForex is also committed to providing free educational resources. The team is composed of qualified writers, coders, and editorial staff. Most of the team members are directly involved in the world of currency trading.
EarnForex is web-based. Its core focus is forex-related topics. Discussions on currency markets are quite vast with threads about two main analyses in trading forex — fundamental and technical — as well as general forex education and newbie questions. Experts believe that the risks of recession in the German and European economies continue to rise in the current situation. Meanwhile, the EU intends to soon agree on the next sixth package of sanctions, which limits the import of petroleum products from the Russian Federation and blocks supplies by sea, but so far, a decision cannot be made due to the blocking of the Hungarian ambassador.
It is noted that the governments of countries such as Hungary and Slovakia will have an extended deadline for the implementation of the oil embargo until the end of , and the Czech Republic until June of the same year due to heavy dependence on Russian resources. Still, officials said they were already considering options such as reducing purchases from the Russian Federation.
On the daily chart, Bollinger bands show a moderate decline: the price range is narrowing, reflecting the emergence of ambiguous trading dynamics in the short term. MACD tries to reverse into the downward plane, keeping its previous buy signal and above the signal line. Stochastic shows a more active decline and is currently rapidly approaching its lows, indicating that the euro may become oversold in the ultra-short term.
AdMarket News Just Got Easier to Navigate! Check Out Our Upgraded Website Experience Today. Tune in to TDA Network During Periods of Volatility for Real-Time Market Insights. Sep 27, · Tell us your suggestions to make this forum a better place for everyone, report problems, and ask any questions here. Posts (EAs) to be coded from scratch. The EAs . Oct 16, · Our Forex forum gives Forex traders an opportunity to get and share FX-related information and communicate with other currency traders.