There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry.
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Contagion refers to the spread of financial or economic issues from one sector or market to another.
In derivatives trading, the expiration date indicates the date on which options or futures contracts end.
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A cross rate refers to a Forex transaction that values two currencies against a third one, involving two transactions.
A correspondent bank helps two financial institutions in two parts of the world process a transaction.
Key Features, Delivery Months, Codes. Essential for Forex, commodities trading. Delivery month critical for asset settlement.
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A pip, short for percentage in point, is a Forex term that refers to the fourth decimal in all currency pairs, except for Japanese Yen currency pairs, where a pip refers to the second decimal.
MetaTrader 4 remains the industry leader for algorithmic trading, and TradingView is the market leader for social traders featuring modern charting software. Which trading solution is the best choice for active, profitable traders?