Currency pair in forex, is refer to a pair of currencies that put together, comparing in value, and make a foreign exchange rate. Currency pairs show as two abbreviation of currency names with a slash between. For example EUR/USD (Euro/U.S. Dollar).

Author Topic: Lesson 7 - Quotes: pips and big figures  (Read 3210 times)


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on: December 15, 2018, 05:38:35 PM
To get to this section you need a Forex Trading account first (You can open it for FREE). For how to open a Forex trading Account and a video, go to How to open a trading account

This video is about Quotes: pips and big figures, Made by FBS. Every starter should watch this video series before start trading Forex.

Basic of Forex Video Series (FBS)

Lesson 1 - Introduction to Forex (FBS)

Lesson 2 - What is Forex trading?

Lesson 3 - What are the advantages of Forex market?

Lesson 4 - What are the risks in Forex Market?

Lesson 5 - How much money can I make trading Forex?

Lesson 6 - Currency pairs

Lesson 7 - Quotes: pips and big figures

Lesson 8 - Bid and ask price. Spread

Lesson 9 - Lot in Forex trading

Lesson 10 - Calculating value of a pip

Lesson 11 - Brokers and practice accounts

Lesson 12 - Transaction, profit, loss. Types of orders in Forex

Lesson 13 - Swap and rollover in Forex

Lesson 14 - Definitions in Forex

Lesson 15 - Principles of technical analysis in Forex

Lesson 16 - Fundamental Forex analysis

Lesson 17 - Economic calendar in Forex

Lesson 18 - Combining TA and FA in Forex

Lesson 19 - What is risk management in Forex?

Lesson 20 - Margin, Leverage in Forex

Lesson 21 - Position size, level of risk in Forex
« Last Edit: December 16, 2018, 01:09:47 PM by ForexFacoil »


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Reply #1 on: December 16, 2018, 11:15:52 PM
This is great


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Reply #2 on: November 21, 2019, 07:58:49 AM

Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense - that of people converting one currency to another for financial advantage - forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at Bretton Woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.


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Reply #3 on: April 12, 2020, 09:14:10 AM
I like to make money with forex trading


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Reply #4 on: April 27, 2020, 05:57:11 AM
The US dollar has strengthened against major currencies. In trading at the New York Stock Exchange last night (20 April) as investors bought the dollar as the safest and most liquid currency. After the price of oil fell sharply Including anxiety about the effects of the Covid-19 virus That is spread around the world

The dollar strengthened against the yen at 107.64 yen from the 107.59 yen level and appreciated against the Swiss franc at 0.9678 francs from the level of 0.9676 francs. In addition, the US dollar also appreciated against Canadian Dollars at the level of 1.4133 Canadian Dollars from the level of 1.4022 Canadian Dollars

The euro depreciated against the US dollar at $ 1.0861 from $ 1.0867, while the pound fell to $ 1.2445 from $ 1.2482, while the Australian dollar fell to $ 0.6348 from $ 0.6353.

Investors buy dollars as a safe currency After the price of WTI crude oil fell to the negative level for the first time since oil futures trading in the NYMEX, as investors are still worried that The government around the world uses lockdown measures. Will result in the demand for oil to subside.

Investors are keeping a close eye on the situation of the covid-19 epidemic, as the latest worldometer, a website compiled by public health agencies around the world, shows that the number of people infected with the covid-virus 19 Around the world is now 2,419,206 people and the death toll is 165,775 people.

For US economic data disclosed last night. The Federal Reserve (Chicago) Fed said the Chicago Fed National Activity Index (CFNAI) dropped to -4.19 in March after touching +0.06 in February.

The CFNAI is a weighted index of 85 economic activity indicators in the United States. Positive CFNAI indicates higher economic growth than the trend, while the negative CFNAI indicates Indicates the growth of the economy that is below the trend

Other US economic data scheduled for this week include second-hand home sales in May, home price index for February, the number of weekly jobless claims, the purchasing manager index ( PMI) April gross production from Maritimes, Purchasing Managers' Index (PMI) April gross service sector from Margit, new home sales in March , Durable goods orders in the month have. C. And consumer confidence in March from the University of Michigan.


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Reply #5 on: July 26, 2020, 03:06:32 AM
thank youuu

daser fer fx

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Reply #6 on: August 04, 2020, 06:29:22 AM
I like this vid.


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Reply #7 on: August 24, 2020, 01:41:12 PM


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Reply #8 on: November 18, 2020, 09:58:05 AM
That is very lovely.


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Reply #9 on: December 05, 2020, 01:32:59 PM
pips explaination makes senses


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Reply #10 on: December 24, 2020, 02:31:09 AM
I love to trade in the forex market.


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Reply #11 on: February 20, 2021, 01:36:17 PM
Swing trading is a style of trading that attempts to capture short- to medium-term gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities.


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Reply #12 on: June 26, 2021, 01:22:48 PM
Swap is an interest fee that is either paid or charged to you at the end of each trading day. When trading on margin, you receive interest on your long positions  Every currency has its own interest rate, which is determined by the country's central bank. In Forex trading, the interest rate paid or received by Compare and review forex broker swaps. Find the highest and lowest swap paying forex brokers.

Ibrahime YS

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Reply #13 on: November 13, 2021, 03:29:51 PM


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