forex secrets
Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point. A common exception is for Japanese yen JPY pairs which are quoted to the second decimal point. BASE CURRENCY: The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. CROSS CURRENCY PAIR: A pair of currencies traded in forex that does not include the U. S. Dollar. All currencies are assigned an International Standards Organization ISO code abbreviation which is often used to convey the particular currencies that make up a currency pair. For example, USD/JPY indicates two currencies: the U. S. Dollar and the Japanese Yen.
foreign currency trading software
Good traders often stick to simple strategies; strategies that make them money.
trading in currency
This is because more than 3 trillion of dollars of trade are exchanged during trade daily.
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forex secrets