In forex trading your profits and losses are measured in forex pips. Obviously it is very essential to understand what is a forex pip. In simple terms a PIP is the smallest value (price) increment a currency can make. Forex PIP allows us to determine a rise or fall in foreign exchange values in percentage terms as an alternative of measuring in dollars and cents.
Can I trade forex and make money? How can I start forex trading? Here is an excellent guide on who can do the forex trading, why you should do currency trading and how can you get started in the forex markets to make big profits.
If you are new to forex trading you might have heard the term forex pairs or currency pairs. What exactly is the meaning of this forex term? Let’s us learn about forex pairs today.
What is a Forex Pair and What are the major Currency Pairs to Trade?
A forex currency pair is the two different currencies [...]
The basic principle behind the technical analysis is that if you consider the historical data of foreign exchange rate movements in the past, you will be able to distinguish trends and tendencies. How do I read the forex charts? Before we go in deep about analyzing the charts, let’s take at the types of charts.
Forex fundamental analysis and technical analysis are essentially the two types of foreign exchange trading. Which one of this trading is better for me to make money? Let us find out what is meant by forex fundamental analysis and technical analysis.
