These three currencies are too important because of the news which will come from USA, England and Canada. Especially in England, some rates will be explained and these have high importance. Also there will be a speak from King. So stay on your position in this currency and if you are not sure, do not [...]
2 comments admin | Currencies, Forex, Money, Trading |
As you know that the rate went on to 1.3600 around. It is really very bad for Europe. The main problem which is seen on is Greece and Portugal. Some of them say that Greece must be out of Euro and back to Drahmi.
In Greece, the goverment of this republic made some decision about their economic [...]
0 comments admin | Currencies, General, Resources, Trading |
As I told you before, there is a movement through 1.4100 – 1.4150 on EURUSD position. After 2009, everything changed in Europe and this new year will be worse than the year before.
In Forex Trading Platform, we always look for “buy” or “sell”. These two kinds of investment methods will make our fortune. On these [...]
0 comments admin | Currencies, Forex, Trading |
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%.
In EUR/USD, a 3 pip spread is quoted as 1.2500/1.2503
Among the major currencies, the only exception to that rule is the Japanese yen. In USD/JPY, the quotation is only taken [...]
The Stop Loss
A stop loss should be entered for each and every trade you ever make on the foreign exchange market. A stop loss prevents you from runaway losers, due to the fact that it will automatically close a losing position before your account balance is depleted. It would never be recommended to trade without [...]