Currency Pairs

What is a pip in forex trading?

What is a pip in forex trading? In forex trading, a pip stands for “percentage in point” or “price interest point.” It’s a standardized unit of measurement for expressing the change in value between two currencies. Most currency pairs are quoted to four decimal places, with the pip being the smallest incremental move. For example, […]

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What is forex trading and the forex market?

Forex Trading Forex trading, or foreign exchange trading, is the act of buying and selling currencies on the foreign exchange market with the aim of making a profit. The forex market is the largest and most liquid financial market globally, where currencies are traded against each other. Participants in the forex market include banks, financial […]

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Most Common Forex Trading Strategies

Most Common Forex Trading Strategies What are the most common Forex trading strategies trader employ? Forex trading strategies are varied and cater to different trading styles and risk tolerances. Traders employ these strategies to make informed decisions on entering and exiting positions. The number of traders using each specific strategy in the forex market is […]

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