Bid Ask Quotes – Free Forex trading course for beginners – Part 10
Currently you should fully understand what are forex pips and what is forex price quotes, but you should know that there are always two prices for the same forex currency pairs. The first price is called “Bid Price” which means how much the market will pay any seller for a specific currency pair at a [...]
Forex Trading Pips – Free Forex trading course for beginners – Part 9
If you entered the world of forex from more than week then you should heard the keyword “forex pips”. If you did not understand it yet then you should know that it means the smallest change in price quotes that you can trade with. For example if the price quotes for USD/ EUR 0.6718 changed [...]
Forex Price Quotes – Free Forex trading course for beginners – Part 8
Today lesson is about how to read forex quotes like professionals. First you should know what the format of the price quotes is? The format of the forex quotes is XXX/YYY. You should already notice that when we talked about forex currency pairs where each currency contains three characters only. The first currency in each [...]
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