Exchange Rate Graph
Exchange Rates
Archive for the 'Forex Signals & Terms' Category
FX - Tip of the Week
Trading Off-Peak Hours - Professional FX traders, option traders, and hedge funds have an advantage over small nickel and dime traders during the off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and transfer funds when there is a reduction or lower trade volumes. During these periods their risk is […]
What is a PIP?
In the Forex market, prices are quoted in pips. Pip stands for “percentage in point” and is the fourth decimal point, which is 1/100th of 1% or one basis point.
In EUR/USD, a 3 pip spread is quoted as 1.2400/1.2403
This standardized size helps to mitigate huge losses. For example, if a pip was 10 basis […]
Common Forex Market Terms
Want to sound like an expert Forex Trader? Familiarize yourself with these terms:
Ask: Price at which broker/dealer is willing to sell. Same as “Offer”.
Bid: Price at which broker/dealer is willing to buy.
Bid/Ask Spread (or “Spread”): The distance, usually in pips, between the Bid and Ask price. A tighter spread is better […]
