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Effective risk management in forex trading revolves around controlling how much of your capital is at risk on any given trade and ensuring t... -
In forex, currencies are traded in pairs. The first currency in a pair (highlighted down the picture in green) is called the BASE CURRENCY... -
Trading Checklist: 1. Down Trend iyang Market Structure (4H timeframe) 2. Naay 3 consecutive Break of Structure (see picture above) 3. Ang ... -
BID PRICE is the price of forex trader willing to SELL a currency pair for. ASK PRICE is the price of trader will BUY a currency pair... -
Now that we have discussed what a LOT is, it's time to discuss what a PIP is worth. You will remember from our second educational blog ... -
Since we cover about the MAJORS and the CROSSES , now its time to look at the final group of currency pairs which they are called EXOTICS . ... -
A SPREAD is the difference between the ASK PRICE and the BID PRICE . For example, if the EURUSD (Euro to U.S Dollar) is trading with an... -
A Point in Price - PIP for short is a measure of the change in the exchange rate of a currency pair. It is the smallest unit of measurem... -
The Seven most traded currency pairs in forex are called the MAJORS . They are: 1. EURUSD (Euro to U.S Dollar) 2. USDJPY (U.S Dollar to... -
Now that we understand a little more about currency pairs and how their value is derived, lets talk about how they are traded! Currency pair...
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