Forex Q&A
Answers to all your Forex Related Questions!
What is a PIP? A Forex Pip stands for “percentage in point”. Technically speaking, this percentage in point will represent the smallest value of measurement for currencies on the forex market and is the 4th decimal point in the forex market. The easiest way to explain this is using the following example: A bid might [...]
What is Forex Scalping? Forex scalping is basically a trading strategy for currency which is done on very short times – For example: 1 to 5 minute charts. A forex scalper will perform many quick buy and sell transaction that will extract as little as 2 pips from the session. The very quick transactions are [...]
