In forex trading, leverage, margin, free margin, and equity are important concepts to understand, as they all relate to the amount of capital that a trader has available to trade with and the risks associated with trading. Leverage: Leverage allows traders to control larger positions in the market with a smaller amount of capital. It […]
Difference between Pips and pipettes?
In forex trading, a pip is the smallest unit of measurement used to express the change in the value of a currency pair, and it represents the fourth decimal place in most currency pairs, except for some currency pairs that have a Japanese yen as the quote currency, where a pip is represented by the […]
What is Pips in forex?
In forex trading, a pip is the smallest unit of measurement used to express the change in the value of a currency pair. A pip stands for “percentage in point” or “price interest point”, and it represents the fourth decimal place in most currency pairs, except for some currency pairs that have a Japanese yen […]
Forex Trading Currency Pairs
Forex trading involves buying and selling currency pairs in order to profit from changes in their exchange rates. A currency pair is a financial instrument that represents the value of one currency in terms of another currency. There are dozens of different currency pairs that can be traded in the forex market, but some of […]
What are the meaning of Lot Size in Forex Trading?
In Forex trading, “lot size” refers to the volume or quantity of a particular currency pair that a trader buys or sells in a single transaction. The lot size is important because it determines the potential profit or loss on a trade. Forex brokers typically offer several different lot sizes for traders to choose from, […]
Foreign Exchange Management Act (FEMA)
FEMA stands for the Foreign Exchange Management Act. It is an Indian law that was introduced in 1999 to consolidate and amend the laws relating to foreign exchange in India. The act was passed to facilitate external trade and payments, promote orderly development and maintenance of the foreign exchange market in India, and to conserve […]
is Forex Trading legal in India?
Yes, forex trading is legal in India. However, there are certain regulations and restrictions in place. The Reserve Bank of India (RBI) is responsible for regulating the forex market in India. Individuals are allowed to trade in forex markets, subject to certain conditions. For instance, forex trading is allowed only through authorized dealers, who are […]
ADX (Average Directional Index) Indicator in Forex Trading
The Average Directional Index (ADX) is a popular technical indicator that is used in forex trading to measure the strength of a trend. The ADX is a smoothed line that oscillates between 0 and 100, and it is used to determine whether an asset is trending, as well as to quantify the strength of the […]
Candlestick Charts Indicator in Forex Trading
Candlestick charts are a type of financial chart that is commonly used in forex trading to visualize price action. They are comprised of “candlesticks,” which represent the price movement of an asset over a set period of time, usually one day. Each candlestick is comprised of a body, which represents the difference between the opening […]
Pivot Points Indicator in Forex Trading
The pivot points indicator is a technical analysis tool that is commonly used in forex trading to identify potential levels of support and resistance. It is based on the idea that prices tend to move in a predictable pattern around a central pivot point. The pivot point is calculated using the average of the high, […]