FX, also known as foreign exchange or forex trading, is the conversion of one currency into another. It is one of the most actively traded markets in the world, with an average daily trading volume of $5 trillion.
A margin call is usually just a warning. It appears in your trading platform when your position in the terminal turns red. It informs you that you have exceeded your margin limits.
Pivot points are used as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can be an effective trading tool.
Understanding the term "PIP" is very important as it is used frequently to describe the price movements of the assets in the market.
A pip is the smallest price movement that can be registered in the forex market. For the majority of the currency pairs in the market, one pip equals 0.0001...
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