Weekly Price Action Trade Ideas – 10th July Markets Discussed in This Week’s Trade Ideas: EURCAD, CHFJPY, AUDCAD and GBPAUD. EURCAD Daily Chart Major Sideways Range Breaks Aggressively Price on the daily chart of the EURCAD has finally broken out and lower through it’s sideways …
What is a Pip in Forex Trading?
What is a Pip in Forex Trading? When you are first starting to trade the Forex market understanding what a ‘pip’ is can be quite confusing. Pip stands for percentage in point or price interest point and is used as unit of measurement between two currencies. Each currency pair is normally …
What is Risk to Reward Ratio and How to Calculate it in Forex Trading
TRADE NUMBER WIN AMOUNT LOSS AMOUNT TRADE 1 $200 Cell TRADE 2 Cell $100 TRADE 3 $200 Cell TRADE 4 Cell $100 TRADE 5 $200 TRADE 6 $100 TRADE 7 $200 TRADE 8 $100 TRADE 9 $200 TRADE 10 $100 …
