Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of the most fundamental: pips, and how to calculate pips in Forex. A pip, short ...

A forex pair moves in increments of pips. The pip in most cases is the 4th decimal place or the ten-thousandths place in the quoted exchange rate. If the exchange pair is quoted in Japanese yen then a ...

There are many terms that are commonly used in forex, and it's important to know them in order to properly understand what is going on. There are many terms that are commonly used in forex, and it's ...

No forex trade is free. Many forex brokers charge commissions for each trade, but there is a silent cost that also impacts your forex profits. Spreads represent an extra expense for each trade. It’s ...

Trading the foreign exchange (forex) markets can be difficult at the best of times. Researching trades and exchange rates, planning the best execution, deciding on stop-loss and take-profit ...

Pips per Month - Is your goal realistic? I see '50 pips a day', or even '20 pips a day' as goals and it's hard to see anyone besides Jim Simons achieving such a feat. Pips per month may be a better ...