The beginner's guide to FX trading
The most common increment of currencies is know as the “pip.” It is the smallest value change in a currency pair exchange rate.
For instance, if the EUR/USD moves from 1.2250 to 1.2251, that is ONE pip. A pip is the last decimal place of a quotation. A positive or negative pip value is how you measure your profit or loss.
Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
Scalping or short-term trading involves making dozens or hundreds of trades a day, trying to scalp a small...
An index that measures the change in price of a representative basket of goods and services such as food,...
In trading, correlation is a measurement of the relationship between two assets. A positive correlation...
A type of stop loss order that moves relative to price fluctuations. In example, setting a 50-pip trailing...
Of this I am certain, nothing great in this world was ever accomplished without passion. Georg Wilhelm Friedrich Hegel
