BabyPips is a site that takes a child-like view on the world of Forex. Perhaps that phrase could be misconstrued as a negative when in fact I meant it as a positive. It uses bold colors and clever graphics to hightlight the informative text.
The site has a School section where newcomers are introduced step by step to the world of
Foreign Exchange trading principles through discussions of terminology, chart reading,
psychology, news analysis, supporting indicies, and then proceeds to advanced topics.
That was the theoretical side. For the practical side, there are a number of site blogs
where the writers provide summaries of the trades for the day, why they did what they did,
and how it worked out. Other site blogs provide mini-discussions on relevant topics to help
round out the education.
There is a related forum section where site readers can provide feedback and ask
questions on foreign exchange trading.
A Forexpedia, a form of a Wiki is also present where knowledgeable members can write and
contribute articles regarding foreign exchange.