Forex trading is decentralized—currency trades ... Some currencies use a different definition for pips, however. Currency pairs involving the Japanese yen, for example, define a pip as 0.01.

The foreign exchange market is the most actively traded market in the world, with trillions of dollars in currencies changing hands each day. Foreign exchange markets exist in major cities around ...

Forex markets do not operate in isolation. The AUD, for instance, is strongly correlated with commodity prices. A rise in ...

There are different forex trading strategies for each time horizon ... A day trader will, for a lack of a better definition, trade for the day. These are market participants that will usually ...

Success in forex trading depends heavily on risk management ... Each trade entry requires a clear definition of risk against potential reward. The standard ratio between trading capital and ...