Different Types of Forex Charts - Bar, Line and Candlestick Traders at all levels use charts to analyse the markets direction and decide whether or not to place a trade. The most common and popular types of charts that are used are in today’s trading are; Line charts Bar charts …
Beginner Trading Lessons
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 Forex Trading?
What is Forex Trading? The word “Forex” is an abbreviation for the words “Foreign Exchange” and it’s the relative value of one currency versus another currency. The foreign Exchange market is the biggest market in the world with daily turnover (buying and selling) of up to 5 trillion dollars! A …
