Currency exchanges are built around buying foreign currencies. For example, buying Euros with dollars, on the expectation that the Euro will rise against the dollar, allowing you to sell it later (and recoup a profit).This type of pairing is called a currency pair, and the current price of a pair of currencies (how many dollars [...]
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Forex Trading – Understanding PIPS?
Posted by admin on April 17th, 2010
Posted in Articles 
Tags: Amount Of Money, Buying Euros, Currency Brokers, Currency Exchange Rates, Currency Exchanges, Currency Transactions, Currency Unit, Day Trader, Exact Ratio, Exchange Rate, Fluctuations, Foreign Currencies, Formula 1, Increments, News Item, Pip, Rate Exchange, Rise Against, Ten Thousandths, Thousandth 
No Comments »Understanding Forex Pips
Posted by admin on February 13th, 2010
Pips and ‘pips values’ represent one of the most misunderstood concepts in Forex trading. Newbies, especially, often have trouble grasping the idea behind pips — but, a solid understanding of pips is crucial to successful Forex investing.If you have had trouble with pips, then today may be your lucky day. I’m going to attempt to [...]
Posted in Articles Tags: Basis Point, Basis Points, Currency Pairs, Decimal Currency, Decimal Places, Exception To The Rule, Exchange Rate, Financial Instrument, Forex Markets, High Volume, Increment, Interest Rate, Japanese Yen, Lucky Day, Minute Shifts, Percentage Point, Pip, Ten Thousandths, Thousandth, Usd Jpy No Comments »