Pip and pips are general terms in the trading industry. In this article, we will explain the basic concept. What is a pip in forex trading? PIP is the acronym for the phrase "percentage interest...
Category: Forex terms
Bullish Meaning in Forex! – What is Bullish and Bearish in Forex?
In the world of trading, the movements of market prices are often described using various synonyms that encapsulate the direction and momentum of trends. A rising trend, indicating increasing prices,...
Liquidity Providers, often large banks, ensure market liquidity by providing bids and requesting quotes for assets like currencies. When traders initiate a market order, brokers with STP or ECN...
I read some financial reports about currency trading and found one term, "forex UPL." It is not a regular term in trading, but pro traders like abbreviations. So, in trading jargon, Forex UPL means...
A trader's journey is rarely a straight ascent; instead, it is characterized by a series of peaks and troughs, victories and setbacks. No trader, irrespective of their skill or experience, can boast...
Trading is a fascinating and rewarding endeavor that has captured the imagination of many individuals worldwide. From amateur investors to seasoned professionals, the allure of making fortunes from...