Testimonials
Thank you for this amazing website, a genuinely free resource that has benefited me and countless traders. In my opinion, it’s the top forex website available! So, thank you BabyPips and the entire team; your excellence is truly appreciated! A free site that teaches people to actually succeed in forex feels like striking gold! – Jason
Your school is incredible. I advanced to middle school in just one day! What a fantastic style. I couldn’t stop reading, but I need to get some sleep. Thank you so much for this. – Bassam O.
Thank you BabyPips for educating us about Forex trading. I’m really enjoying it. – P. Museza
I want to express my gratitude for your easy-to-understand yet thorough site. I’ve been exploring many sites for the past six months, and I believe yours is the best I’ve encountered! – Regil Kumar
You guys are amazing! Thank you so, so much for creating this site! You’ve presented everything in such an easy and enjoyable way! I’ve learned things in the past few days that I’ve been trying to grasp for MONTHS!!! – Alisha Richardson
I just came across your site and I want to say “well done!” What a fantastic site. It’s refreshing, cheerful, humorous, educational, and to the point. What stands out is your method of sharing and explaining this information. I’m very impressed. I’ve saved it to my favorites, and you’re at the top of my list. It’s exactly what I’ve been searching for. – Matthew Dalziell
Thank you very much for creating this site. It’s even better than all six books I purchased to learn about forex. – DQ Tran
I discovered forex a few months ago, and I’m really passionate about it. Everything changed when I found BabyPips.com! You’ve done an outstanding job here, and I want to thank you for it. It transformed my perspective on forex, and it’s the best resource I’ve found. Thank you very much. – Razvan Stanciu
Thank you for the information you’ve shared on your site. I’ve learned so much just from your tutorials, and I’ve been able to increase my winning percentage! – Nico Osorio
Your site is fantastic! I love the information you provide, the organization, and especially the entertaining and light-hearted way it’s presented. I’ve read plenty of dull texts on Forex, but yours has personality, making it much easier (and more enjoyable) to read! Thanks for all the effort you’ve put into this and for sharing your knowledge with us! – Charlie Sumpter
You guys are incredible!!!! I recently found your website through a popular Forex discussion board. I’ve learned more from your School of Pipsology than from a well-known Forex training course I paid $297 for!!! I’ve absorbed so many trading strategies that I can’t wait to try them out. I’ve already had a few profitable trades on my demo account thanks to you. Thank you for the free information and the hard work you do for us ‘newbies’ in trading! – Christopher Sinisi
I wanted to take a moment to thank you for the excellent job you’ve done with your informative forex site. I’ve looked at several different forex sites and feel that yours is by far the best. You get straight to the point, explain topics clearly and simply, connect all the pieces, and do it with a great sense of humor. Keep up the fantastic work; it’s greatly appreciated. – David Skinner
Your site is by far the best I know (and I can tell you I know hundreds!) I sincerely hope you’ll be around for a long time. Thank you once again. – Arnaud H.
I just wanted to let you know that I’ve been on many forum sites and directed to numerous “forex for beginners” websites, and I can confidently say that yours is far above the rest. In just a few days of going through the School, I’ve gained so much understanding of the entire forex landscape. – Brett Reeve
I’ve been trading since last year, and I’m grateful to have found your website. Your chart analysis confirmed that I’m on the right track (our charts look almost identical), and the information on the site clarified some things I didn’t know before. Keep up the great work and the good jokes. – Goozman
Just a quick “thanks” for your website!! You are a valuable mentor. I believe there are thousands who truly appreciate what you’re doing! – Brett Bus
I wanted to let you know that you’re doing a fantastic job with your site. I usually don’t write this kind of email, but I felt compelled to tell you that you’ve made a difference in my understanding of the forex market. I’ve never traded before, but thanks to your site, I’m gaining a better grasp of the market. Expect to hear from me more often. Again, kudos for a job well done. I’m eternally grateful for all the information. – E.N., Round Rock, Texas
OMG!!! I wish I had discovered this site three months ago! I’ve been overwhelmed by all the FX information out there; it’s daunting reading message boards of people spending ALL that money on trading programs that haven’t worked… everything is starting to look like a scam. I LOVE this site!! It’s wonderfully simple to understand and concise, pulling together many things I didn’t understand how they related. THANK YOU so much!!! – Bonnie
I just wanted to take a moment to tell you what a fantastic website you have. It’s easy to understand and navigate, while also being humorous. I look forward to continuing to access your site and discovering what it takes to be a user. Thanks again for the great information and the many laughs! – Pip Pursuer
Thank you! Thank you! Thank you! This is the most informative and well-presented Forex site I’ve visited in two years. You’ve provided help and guidance for which many Forex gurus charge hundreds or even thousands. I lost 20% of my account in the past year… had to stop, think, and reconsider my objectives, or else face the consequences. So, I had to start over, learning everything anew… I’ve been doing that for the past several months. I understood the mechanics of Forex, but not the process. Your “class” on money management is the best I’ve seen. I also appreciate how you discussed moving averages and oscillators. Everything is beautifully presented… it has given me new hope. – J. Burdette
I unfortunately know most of this information already, but had I found your site earlier, it would have saved me a good 6-9 months off my learning curve (and doing it the hard way)! I often revisit your articles and have fine-tuned my trading as a result, and I frequently direct beginners to BabyPips when they come to me with questions, as you explain it so much better (and faster) than I could ever hope to. – A. Silvermint
When it comes to forex education, BabyPips.com is the best website I’ve ever found! – C. Coon
Recommendation
Taiwan New Dollar (TWD)
The Taiwan New Dollar (TWD) serves as the official currency of Taiwan. The currency code for the Taiwan New Dollar is TWD, and it is commonly represented by the symbol “NT$” or “元“.
Tajikistan Somoni (TJS)
The Tajikistan Somoni (TJS) serves as the official currency of Tajikistan. The currency code for the Somoni is TJS, and it is commonly represented by the symbol “ЅМ” or “сомонӣ.” The National Bank of Tajikistan oversees the issuance and management of the country's money supply, along with the establishment and execution of monetary policy.
Take Profit (TP)
Take Profit orders are crucial instruments for traders aiming to secure their profits at a set price point. By placing a Take Profit order, traders can guarantee that their positions are closed at a beneficial price, minimizing the risk of losing profits due to market volatility.
Tankan Survey
The Tankan Survey is a detailed and significant economic report released by the Bank of Japan (BOJ) that offers important insights into the nation's economic state. This survey is closely monitored by policymakers and analysts as it provides a snapshot of Japan's business sentiment and acts as a leading indicator of the country's economic performance. It is regarded as a major market influencer for JPY currency pairs.
Tanzania Shilling (TZS)
The Tanzania Shilling (TZS) serves as the official currency of Tanzania. The currency code for the Tanzania Shilling is TZS, and the commonly used symbol is “TSh” or “x/y.” The Bank of Tanzania oversees the issuance and management of the country's money supply, in addition to establishing and executing monetary policy.
Tariff
A tariff is a tax levied by a government on goods and services brought in from other nations. Tariffs have several functions, such as generating government revenue, shielding domestic industries from foreign competition, and shaping trade policies. In addition to being a revenue source for the government, tariffs can regulate foreign trade and impose taxes on foreign products to promote or protect domestic industries. Tariffs are among the most commonly used tools of protectionism, alongside import quotas, export quotas, and other non-tariff trade barriers. The term "tariff" comes from the French word tarif, meaning 'set price', which is derived from the Italian tariffa, meaning 'mandated price; schedule of taxes and customs'. Ultimately, this term traces back to the Arabic word taʿrīf, meaning 'notification'.