About: anakin

What is a pip value, and how is it calculated? To answer the question, you’ll need this information: the lot size you’re trading, the quote currency, and your account currency. Allow me to explain. The Lot Size As you are probably aware, there are many lot sizes in the forex market, such as standard lot,Continue Reading

Pips and pipettes are terms commonly used by traders. Here’s what they mean. What is a pip? PIP stands for Percentage In Point. It is a way to measure how much a currency pair has changed in value. We used to say a pip was the slightest change in the price of currency pairs, butContinue Reading

The US Dollar is the most frequently traded currency in the world. As a result, most currencies are quoted against it. However, different types of currency pairs are used when referring to Forex trading, each of which is split into groups depending on the amount of trading activity and liquidity. These are known as majors,Continue Reading

(In comparison to other markets) The forex market is the world’s largest, and it offers numerous advantages that attract traders. The following are some of the primary reasons to give forex trading a try. Unparalleled liquidity The foreign exchange market is highly liquid, which is another way of saying that other traders are always availableContinue Reading

Although this month was a favorable month for US equity, quarterly it decreased mostly owing to the FED’s threat to reduce inflation and affected by conflict situations in Ukraine. According to MT4 VT Markets data, the SP500 was down 1.32 percent daily and down 5 percent quarterly, the NAS100 was down 1.22 percent and downContinue Reading