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Learning Archives - The Forex Pips- Forex Trading Signals Provider- 14 Days VIP Free Trial

Category: Learning

30th December, 2021

Which Forex Currencies Can I Trade?

Forex is the most widely traded market in the world, with more than $5.3 trillion* being bought and sold every single day. Traders will speculate on the future direction of currencies by taking either a long or short position, depending on whether you think the currency’s value will go up...

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30th November, 2021

5 Common Forex Trading Mistakes

Trading forex can be a rewarding and exciting challenge, but it can also be discouraging if you are not careful. Whether you’re new to forex trading or an experienced veteran, avoiding these trading mistakes can help keep your trades on the right track. 1. Not Doing Your Homework Currency pairs...

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30th October, 2021

Understanding Market Gaps

Gaps are sharp breaks in price with no trading occurring in between. Gaps can happen moving up or moving down.   In the forex market, gaps primarily occur over the weekend because it is the only time the forex market closes.   Gaps may also occur on very short timeframes...

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12th September, 2021

Quiz Play- Calculate The Forex Trading Profit or Loss

Assume all examples are buy transactions. Example 1 A $350,000 trade involving the EUR/GBP pair is closed at 0.8714 after gaining 29 pips. Number of GBP per pip: 350,000 × 0.0001 = 35 Per Pip Value: 35 ÷ 0.8714 = 40.17 EUR per pip Trade Profit / (Loss): 29 pips...

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30th August, 2021

Forex Pips in Practice Mode

This is an example with the U.S. dollar as the base currency, as in USD/JPY In this case, the value of one pip depends on the USD/JPY exchange rate. So, using the same example: You buy 10,000 U.S. dollars against the Japanese yen at 106.20 and you earn $0.94 for...

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30th July, 2021

Measuring Forex Trading Value Change

Traders often use pips to reference gains, or losses. A pip measures the amount of change in the exchange rate for a currency pair, and is calculated using last decimal point. Since most major currency pairs are priced to 4 decimal places, the smallest change is that of the last...

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30th June, 2021

The Importance of Pips in Forex Trading

Pip Values for U.S. Dollar Accounts The currency you used to open your forex trading account will determine the pip value of many currency pairs. If you opened a U.S. dollar-denominated account, then for currency pairs in which the U.S. dollar is the second, or quote, currency, the pip value...

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31st May, 2021

Forex Pip Value Calculator

Our pip value calculator will tell you the value of a pip in the currency you want to trade in.   This information is crucial in determining if a trade is worth the risk, and in managing that risk appropriately.   How does the pip calculator work? The value of...

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30th April, 2021

What is a Pip in Forex?

You’ve probably heard of the terms “pips,” “points“, “pipettes,” and “lots” thrown around, and now we’re going to show you how their values are calculated.   This information is required for all forex traders knowledge. Until you are comfortable with pip values and calculating profit and loss, only go for...

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29th March, 2021

Forex Trading Strategies

The most basic forms of forex trades are a long trade and a short trade. In a long trade, the trader is betting that the currency price will increase in the future and they can profit from it. A short trade consists of a bet that the currency pair’s price...

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