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What is the Last Decimal Place of the Exchange Rate?
What is the Last Decimal Place of the Exchange Rate?
2024-07-02
The last decimal place of the exchange rate, also known as "point" or "pip", generally represents a small change of one millionth, and is the basic unit in foreign exchange transactions. In most currency pairs, the last decimal place of the exchange rate is usually 0.0001, which is 1 point per pip.
Calculation of MACD Formula
Calculation of MACD Formula
2024-07-02
Uncover the MACD formula and calculation method for insightful trading strategies. Master MACD calculation to improve investment decisions in forex.
Difference Between Unrealized and Realized PnL
Difference Between Unrealized and Realized PnL
2024-07-02
Understanding the difference between unrealized and realized P&L in forex market. Learn how each type of profit and loss impacts your trading strategy.
Tips for Settings Up Stop Loss Orders
Tips for Settings Up Stop Loss Orders
2024-07-02
Learn how to set up a stop-loss order in forex trading with these tips. Protect your investments and minimize risks with effective stop-loss strategies.
The Important of Stop Loss Order in Trading
The Important of Stop Loss Order in Trading
2024-07-02
Stop-loss orders are vital for risk management for traders. In this article, there are a few tips to guide traders on how to execute stop-loss orders.
What's the Difference Between Forex STP and ECN?
What's the Difference Between Forex STP and ECN?
2024-07-02
The ECN model may be more suitable for large and professional traders as it can provide better liquidity and lower trading costs, while small and novice traders may prefer the STP model as it can provide better quotes and a simpler trading environment.
The Difference Between CFDs Trading and Spread Trading?
The Difference Between CFDs Trading and Spread Trading?
2024-07-02
Explore the contract for difference trading and spread trading with our comprehensive guide. Understand the unique features of each trading method.
What is the Different Between Forex CFDs and Futures?
What is the Different Between Forex CFDs and Futures?
2024-07-02
Explore the differences between Forex CFDs and futures to understand their respective trading roles and gain insights into the Forex market.
Understanding the Risks Associated with Futures Trading
Understanding the Risks Associated with Futures Trading
2024-07-01
The futures market is a high-risk and high return market, and investors need to carefully understand the risks involved. The futures market risks mainly include: risks in the market environment, risks in market trading entities, and risks in market supervision.
What is Reporting Trading Position?
What is Reporting Trading Position?
2024-07-01
Reporting positions in forex trading informs broker about open trades for transparency, risk management, and regulatory compliance. Learn why it's vital.
Effective Strategies for Scalp Trading in Forex
Effective Strategies for Scalp Trading in Forex
2024-06-28
Learn the scalping strategy in forex trading and capitalize on small prices changes for quick profit. Explore effective technique for maximizing gains.
Understanding Position Settlement in Forex Trading
Understanding Position Settlement in Forex Trading
2024-06-28
Understanding position settlement in trading or investing, and clarifying the difference between closing a position and a closing position.
How to use RSI to Locate Entry Timing?
How to use RSI to Locate Entry Timing?
2024-06-28
Unlock your trading potential with RSI, EBC offers a comprehensive guide on utilizing RSI to pinpoint optimal entry points, complete with expert tips.
How to use Moving Average (MA) in Trading?
How to use Moving Average (MA) in Trading?
2024-06-28
Among technical indicators, the moving average is one of the most widely used and relatively accurate indicators. It is based on Dow Jones theory and digitized to predict the direction of future stock prices in the short, medium, and long term through changes in numbers.
What is Axis Point in Forex?
What is Axis Point in Forex?
2024-06-27
The axis point of the forex is used to identify important support and resistance levels. These tools help forex traders achieve success.