Forex Trading Tips

none g asked:


i know that the less pip spreads a forex broker offers the better. but why? how do they make money by offering more or less pip spreads?
thanks in advance.

glaserg4 asked:


I’m considering getting into the Forex market soon and am starting to do some homework. If someone could just lay out how things work and how you actually make (or lose) money, that would be nice. Also, what exactly is a pip and a lot? Thanks in advance.

joebann68 asked:


Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point?

To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny.

How does it work with forex?

fxbootcamp asked:

The British Pound Sterling continued it’s slide throughout the pre-London, and into the London session itself. Although the short on the GBP/USD which many of us caught was the more desirable trend type trade, there was also a counter trend opportunity with a 55-100 pip possibility that presented itself while the GBP/USD pulled back throughout most of early London. While I normally do not like to illustrate an intraday counter trend trade, this one had a very little risk vs high reward setup …

Kurt R asked:


Is there somebody who has experiences with the programme The Ultimate Forex Predictor?

If yes - what means “staking at £10 a pip” then? Does it means that what you have earned is calculated by multiplying the pip with the staking?

InformedTrades asked:

http://www.informedtrades.com/ A lesson on what a pip is in the forex market as well as what fractional pip pricing is for active traders and investors in the foreign exchange market.

BabyPipsDotCom asked:

Daily Recap of the Cowabunga System for Wednesday, 10/22/08

View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/

fxbootcamp asked:

The famous Yogi Berra quote, It’s deja vu all over again, must have been in at least some Forex traders’ minds at the open of today’s New York session. Selling pressure on the US dollar began at that time, as it had on 6 of the previous 7 trading days, and the euro rose to the occasion after a big post-FOMC move the previous day. A bounce at support at the start of the session was the pitch, and it looked like a grapefruit to those traders whose bias was up. The outcome was a 300-pip homer.

BabyPipsDotCom asked:

Daily Recap of the Cowabunga System for Tuesday, 11/17/08

View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/

fxbootcamp asked:

The British pound started today’s London session on a weak note. As visual support on the GBP/USD broke minutes before the open of today’s New York session, the momentum of the pound’s weakness accelerated. Those traders who entered a short trade on the subsequent pullback, then exited the trade at the touch of the daily M1 pivot point, realized a generous 300-pip profit.