Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
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For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Raj
Kunnukattil
Welcome to TradeMonkey
At TradeMonkey we are passionate about Trading. Our mission is to bring financial independence to people. Forex is the most liquid market. There are more than $5 Trillion transacted every day. The liquid market and the popularity of the forex and the huge volume of transactions create it a great opportunity for you to source a second stream of income.
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I am Raj Kunnukattil and I have been trading Forex and Futures for more than a decade. To be successful in trading, you should be methodical. Treat trading as a business and not as a hobby. Unlike stocks, Forex and Futures can be overwhelming. You need a mentor to guide you through the technicalities. Follow me and I will guide you and make you comfortable trading in the Forex and Futures market.
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Forex and Futures are not for everyone. You need to invest your time and have a passion for the market. It comes naturally if you have the interest and are willing to spend time to learn.
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Subscribe to my blog and my social media channels. I will share techniques and strategies to trade the market.
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