What Is a Forex Currency Pip?
Whenever you look into specialized field there are always going to be words and phrases that you cannot understand; in this case it is the forex currency pip. So what is the forex currency pip? In the forex market prices fluctuate primarily by the last two decimal places of a currency value, these last two decimal places are often below the lowest denomination of a currency value.Forex Lessons: The Foreign Exchange Market – An Introduction
This is the first in a series of articles comprising forex lessons for novices. By novice we mean those who are considering trading in the foreign exchange market for the first time.Forex Trading – Does Leverage Make or Break Your Business?
Global economic crisis does not necessarily reduce the opportunity in Forex trading. The only problem with high leverage is if uneducated forex traders use poor risk management. Forex Traders who understand proper risk management will also typically not risk more than 2-5% of the capital in the account even with high leverage available.What Is Forex Automated Chart Trading?
Investing in the forex market has become one of the most popular forms of trading, mainly because of its 24 hour access and the fact that there is always a bull market available- a concept that is rather attractive today. But what if you don’t want to become a full-time trader?Forex Trading – Trading the AUD
According to the International Monetary Fund, in 2010 Australia ranked thirteenth globally in terms of GDP, twentieth for the value of its exports, and fiftieth for the size of its population. Yet, despite only having 0.33% of the world’s population, the Australian dollar is one of the five most frequently traded currencies in the forex market. The popularity of the AUD among forex traders is due to geology, geography and government policy.Overcoming the Economy (Part 1)
Over the last few years, if you have been keeping up with the global news, you have seen that our world is in financial chaos. Greece is falling apart; Iran and Saudi Arabia are trying to mass produce oil to outdo each other; the UK is trying to stay alive; the US Housing Market is falling apart; global tension and the rest.Learning Forex Is The Key
Ya’ll know that I am ALWAYS talking about the necessity of a good Forex education. As a Forex educator, I realize that most people fail in the Market because they NEVER received a good education.How Newbie Traders Can Survive Without Hiring A Forex Broker
The price and exchange rate of currencies all over the world took a massive hit during the recession. Now, most currencies are rising in a steady, upward, pattern. This fact alone has contributed significantly to the rise in currency trade all over the world. Currently, a person can easily come across a large number of websites offering forex trade accounts. These online sites have rapidly replaced the need to hire a land-based forex broker.Overcoming The Economy (Part 2)
I am back talking about the economy again. So far, we have seen that there are many people who are concerned about the state of our economy, but have no idea what to do about it.PAMM Managed Accounts
Undoubtedly the currency market offers excellent opportunities to invest and make money. It is an investment instrument so leveraged and volatile that even with little money the earnings potential is quite substantial. However, the same can be said about the losses that the market can produce.Basic Approaches to Forex Technical Analysis!
Technical analysis is the term which you would hear very often while trading forex currencies and obviously as a forex trader you should be familiar with the term technical analysis or forex technical analysis. A technical analysis is a study of price movements of various currencies. In a forex technical analysis, the analyst will use many tools, techniques and strategies for prediction of future movements of currencies. A forex analyst could be anyone, a forex trader, a broker or any investor. So the basic purpose of technical analysis in forex trading is just to predict future currency prices using past data or other tools.