A pip, or point, is a way to measure price movement in the Forex market and determines the profit or loss of the trade. A pip in most currencies is 0.0001. For example, at the…
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The Greenback Was Supposed to Rise… Forex Week in Review
Review of the week 10th-15th July 2017. Last week was supposed to be a strong week for the USD but instead, it turned into a devastating one for the greenback currency. For example, check out…
Slow Trading Ahead Of 2017 | Forex On Vacation
As expected during the last week of the year, Forex liquidity is spread thin and we are mostly seeing tight ranges and small movements across the board with all the major Forex pairs. The only…
FOMC Minutes – Dovish or Hawkish
Experienced Forex Traders Keep An Eye On FOMC Eight times a year, the Federal Open Market Committee (FOMC) meets to discuss employment, interest rates, and other topics related to the economic health of the United…
Central Banks Decisions Uneventful, Forex Reacts
Forex Reacts to Central Banks The past couple of days has seen several central banks coming together, and then deciding not to change a thing. The FOMC left rates unchanged yesterday, as did the Bank…
Forex Trading – Will March Be The Pivotal Month?
As we roll into March, I believe the Forex chips will start to fall into place. We start with the all-important question; will Global equities find the footing they are so desperately looking for? Oil…
CURRENCY PROFILE: What you need to know when trading the Cable (GBP)
Now that you have learned the essentials of trading the USD and trading the CAD, it is time to focus on the Great British Pound (GBP) Forex traders love to trade the GBP because of its…
CURRENCY PROFILE: Learn The Essentials of Trading the Loonie (CAD)
Seasoned Forex traders know the traits and characteristics of each major Forex currency as well as they know their friends. For example, if you know that your friend is deathly allergic to peanuts, you would…
FOREX TRADING OUTLOOK: Oil Paves The Way
How does the recent decline in oil affect the Forex market? Also, don’t be caught unaware of this weeks major market events with the upcoming FOMC and BOJ. And what can you do in a choppy, sideways…
FOREX TRADING OUTLOOK: After the “Perfect Storm”
A Recipe for a Financial “Perfect Storm” Last week saw the Global Equity markets, Oil, stocks and other markets come under heavy pressure. It was a combination of all the criteria required for the “Perfect Storm”…
