IN: COMMODITIES, DAY TRADING, LEARN ABOUT HEDGING, ONLINE TRADING How To Trade Currency And Commodity Correlations Correlations between the world’s most heavily traded commodities and currency pairs are common. For example, the Canadian dollar (CAD) is correlated to oil prices due to exporting, while Japan is susceptible to oil prices because it imports most of its oil. Similarly, Australia (AUD) […]
IN: DAY TRADING, FOREX, ONLINE TRADING, WHAT IS FOREX A “PIP” stands for Point In Percentage. More simply though, a pip is what we in the FX would consider a “point” for calculating profits and losses. When trading a mini lot (10k units of currency), each pip is worth roughly one unit of the currency in which your account […]
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I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel
*** Maya Angelou ***
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