A forex scalping trading strategy might involve a profit target of only 10 or 20 pips. However, the scalper would initiate many trades or add to the position size of each trade to maximize profits.
(If the amount traded was €1 million versus the USD, each pip would be worth $100.) Stop-loss: As you are testing the waters in regard to forex trading, you set a tight stop-loss of 50 pips on ...
Like many areas of finance, forex trading has its own lingo. Key terms to know include spot trading, currency pairs, lots, leverage and pips. Spot trades are transactions in which the buyer ...
Swing trading has also become popular among forex traders because of its more ... 0.6900 for a gain of 0.7600 - 0.6900 = 0.0700 or 700 pips and reverse it to establish a long position at 0.6900.
Place a stop-sell order a few pips below the support level ... responsibility of the Commodity Futures Trading Commission (CFTC). That said, the forex is a global decentralized market with no ...
Regulation, trading costs like commissions and spreads ... 1.3 pips AUD-USD: 1.6 pips FOREX.com has all three proprietary platform options, namely desktop, web and mobile. It also offers the ...
DailyForex has been the trusted forex broker authority, establishing an unrivaled reputation for rigorous researc ...