FOR 10 YEARS, BabyPips.com was been the premier destination on the Web for learning how to trade the Forex market. In 2005, we started providing content in the form of educational articles and lessons, having since evolved into offering so much more. We now offer daily articles on Forex news, trading strategies, and market analysis on important Forex topics and events, the School of Pipsology lessons and quizzes, a Forex Forum of 200,000+ members and 500,000+ posts, an economic calendar to stay on top of important Forex events, and a collection of Forex tools to aid you in finding a forex broker or performing Forex calculations. Everything you need to get started in trading Forex is right here.
School of Pipsology
BabyPips.com offers an easy-to-understand guide for teaching beginners how to trade the foreign exchange – Forex – market. The foundation of the website has always been the School of Pipsology, the first and most comprehensive collection of Forex lessons on the web, which starts with the basics of Forex, such as Forex brokers, fundamental and technical analysis, Japanese Candlesticks and support and resistance levels, and then advances readers to other topics, such as chart patterns, Fibonacci, risk management, time-frame analysis, position sizing, using a trade journal, setting stop-losses and identifying your trading style. Along the way, readers are tested on their retention and understanding of the material by taking lesson-ending quizzes. With over 43 lessons and their accompanying quizzes, there’s no shortage of learning potential.
Our Blogs authors cover the Forex market from different angles, ensuring you have plenty of reading material for the day. With over 13,000 posts already made, stay updated on the following forex topics and more:
- Developments in the forex industry, such as changing broker regulations, new currency
- Finding, developing, backtesting, and rating of different mechanical, expert advisors (EA)
- Finding the best looking short term currency trade setup for the upcoming
- Follow Pip Surfer as he trades his Cowabunga System
- Commentary for each forex trading session on economic news & data, shifts in sentiment, and upcoming FX events to watch out for
- Forex Gump discusses macroeconomics, forex trading, pop culture, and everyday life
- Technical analysis discussion that will show currency price action playing out in the markets and chart patterns forming in real-time.
- Price action analysis of the Australian Dollar, New Zealand Dollar, and the Canadian Dollar, as well as their respective economies, and how commodities prices may affect their long term movements.
- Follow Huckelkiwi Pip, a Forex beginner (or noob) journey on the use of classical charting methods, as well as her development of her own mechanical system. Not only will she talk about Forex, but she’ll also share how her day of trading went.
As a member of BabyPips.com, you get access to one of the largest Forex Forums around. Over 300,000 members make the Forums their home, having posted over 500,000 times. Many threads have been around for years and are still active today,
Use the Forums to seek out experienced Forex traders, ready to lend a helping hand in developing your trading skills and answering your questions. You’re easily not the first Forex trader with questions about how to trade, when to trade, what to trade, and who to trade with. The Forums are filled with answers and experiences to those same questions from the Forex traders before you. Use what they’ve learned in the past to become a better Forex trader today.
WE KNOW YOUR PAIN. When we first started trading forex, it was extremely hard to find information online for beginner traders in general, but even harder to find anything educational that could be applied to our own trading. If we did find something interesting, the content only covered a handful of forex-related topics and few sources specialized in forex – everything was scattered. We were left to learn about topics such as support and resistance on one website, about MACD on a second website, trading psychology on yet another website, money management on a 10th website…you get the idea.
We knew there was a better way.
The first stop on our journey was creating BabyPips.com, so new traders such as yourself had a single place to go to for all things Forex. We created BabyPips.com to be the complete and quality educational resource for all forex traders anywhere on the Web.
Make Pips. Keep Pips. Repeat.
THE FX-MEN ORIGIN STORY
Born with no super powers (except for supreme Tetris skills and killer crossover dribbles), after being exposed to a strange market called the Foreign Exchange, we mutated from super hunky underwear models into stud-muffin currency traders, and the FX-Men was formed.
While we don’t claim to possess supertrader abilities (not yet anyway) or market wizardry, we have developed the ability to generate positive pips in the currency markets. And while we also lose pips in the market, we possess the incredible power of making more pips than we lose.
But we’re not here to project pocket hole-burning bolts of “hot tips” at oblivious victims.
We, the FX-Men, are here to use our awesome abilities to protect newbie traders from losing all their money in the Forex market either from their own poor trading decisions or from the Brotherhood of Evil Marketing Wizards, the Forex’s equivalent of snake oil salesmen who lure the innocent with foolish claims of easy money and holy grails.
You’re probably wondering to yourself…”Just how are they going to be able to offer such protection without superhuman abilities?”
Since we can’t fly house to house and trade with you individually, or have freakish strength to keep them evil marketing wizards away from you, or transfer our thoughts to you using strictly our minds, we will use something more powerful…education. We’re gonna educate you through BabyPips.com.
MEET THE FX-MEN
Dr. Pipslow is an ancient and revered trader of currencies. He doesn’t look like it but he’s actually 600 years old. Dr. Pipslow traded pounds when it actually weighed pounds. He is the wisest and most powerful member on BabyPips.com and has trained or partially trained every member. He achieved the status of Forex Trader at age 50 and the rank of Forex Master at 100. Following his training, Dr. Pipslow is said to have spent 100 years in self-imposed solitude, attempting to attain a higher level of understanding for the Forex. As a BabyPips.com contributor, Dr. Pipslow draws on his own experience of costly mistakes as well as the observation of others to identify and develop methods for conquering self-defeating trading behaviors, what he calls your dark side. He believes the most significant action that you can do to improve trading profits is to work on yourself. Really understanding yourself and how you think can give you an edge that others in the market don’t have. And he wants to help you get that edge.
Big Pippin was born to parents whom we can only assume were the coolest cats on their block back in the day. This smooth talking, overconfident kid was someone who knew that in order to get the Bling Bling he always wanted, he would have to go beyond working the typical 9-5. Then on one magical day, he came across an advertisement regarding the Forex and instantly he knew that this was his way to getting all the Ice he ever dreamed of. However it wasn’t instant success for BP. Seeing how he was overconfident, he began trading like a maniac and he soon realized that he was actually gambling with his money. If there’s one thing Big Pippin doesn’t do, that’s gamble with his money. He started to read and learn everything about the trade and discovered Dr. Pipslow. Under the tutelage of Dr. Pipslow, along with knowledge he amassed himself, he has evolved into the true Big Pippin of the Forex.
Pipcrawler was born in Pipbuktu. He lived as an orphan, losing his parents in an oil market crash. He was taken in by a wealthy man, secret central bank robber, Mr. George Pipros, who raised him as a currency trader. Pipcrawler eventually found out his foster parent’s deep and dark secret and decided he also wanted to become a notorious central bank robber. Because Mr. Pipros wouldn’t share his secrets, Pipcrawler set out on his own. After traveling vast lands in search of another central bank robber to learn from, he ran into a monk named Pipdhi. The monk convinced him to give up his aspirations to rob central banks and to return to trading currencies. He introduced Pipcrawler to his longtime friend Dr. Pipslow who performed his voodoo mental magic on Pipcrawler. Through this process, Pipcrawler became one weird Forex trading freak. With his tremendous natural agility, Pipcrawler is able to quickly trade back and forth between currency pairs pulling positive pips at a high percentage.
Pip Diddy was originally a famous super underwear and sock model. He changed his name to avoid the pestering paparazzi but his real name is synonymous with “whitey tighties”. He grew tired of partying with gorgeous models, driving fast cars with spinning rims, and wearing large diamond chains. He wanted to start a new life (while keeping the Ice). One night at a popular disco club, he met Big Pippin. BP was kickin’ it in the VIP lounge when he saw PD from afar and wanted to introduce himself to see if he could hustle some free socks. After a few minutes of conversation, Pip Diddy told Big Pippin, “I like yo style. How do you make yo paper?” And the rest was BabyPips.com history. One of the first students of the School of Pipsology, Pip Diddy was a natural forex trader and after a year of intense effort, he began to bag positive pips left and right. Don’t be fooled by his good looks. There is a brain behind that beauty. If the foreign exchange had the equivalent of a ladies’ man, he would be it. Everywhere he goes, he gets mobbed by pips. He’s like a super pip magnet.
Forex Gump is his incognito name. His real name is Feras Gimp. When he was a kid, his parents would make him hunt and gather food. So every day, he would go fish at a nearby lake and gather corn from the fields. This process took him all day and left no time for him to play. Play time actually didn’t matter because he had no friends to play with anyway because they all to busy hunting and gatheing food as well. One day, while resting under an apple tree, an apple fell and hit him on the head. He came up with an idea where if he focused on just fishing and he could find somebody to focus on just gathering corn, maybe they could finish working faster and have enough time left to play. So he tried it and it worked. He wanted to fully understand why this worked and that’s where he discovered his love for economics. He later became a senior macroeconomics professor at Pipvard University in Pipston, Pipsachusetts. After several decades there, one day he decided to stop teaching. Leaving campus that afternoon, as he reversed out of the parking lot, he reversed into a pristine Bentley. It was Dr. Pipslow’s car. He had been invited by the school to demonstrate his ability to float currencies. When they met each other, Dr. Pipslow already knew who Feras was. He told Feras not to worry about his whip and explained to him that BabyPips.com needed a macroeconomics expert and wondered if he was interested. Feras was. So the following day, Feras changed his name to Forex Gump and created Piponomics.
Looking for more information?
Have a read of our Frequenty Ask Questions.