A trading Terminal from a reputable broker. A Forex Economic News calendar. A Risk Manager. A measure of currency strengths. A tested strategy. Trade Station. A Trade Timetable. A Market Timetable. Software tools.
A trading Terminal from a reputable broker. A Forex Economic News calendar . A Risk Manager. A measure of currency strengths. A tested strategy. Trade Station. A Trade Timetable. A Market Timetable. Software tools.
A currency pip calculator is a forex trading tool that allows the trader to determine the amount a pip is worth based on the size of their position in their local currency. A typical pip calculator might also show the pip value for a specified currency pair based a Standard lot of 100,000 units, a Mini lot of 10,000 units, and a Micro lot of ... Forex trading can be overwhelming for beginners without the right knowledge and trading strategies. But with the use of trading tools, life would be easier, and you stand a chance to make more ... Disclaimer: Trading foreign exchange (“forex”), commodity futures, options, contract for difference ("cfd") and spread betting on margin (the "investment products") carry a high level of risk, and may not be suitable for all investors. Before deciding to trade using the investment products you should carefully consider your monetary objectives, level of experience, and risk appetite. Forex Correlation Tool: The knowledge of the correlation between a pair of currency is also a must-have for Forex traders. Some pairs of currency may move together, forming a positive correlation. This forex trading tool will compute the corresponding position size and display it in terms of micro, mini, and standard lots. 6. Pivot Point Calculator. Pivot Points are calculated values that serve as support and resistance areas. Forex traders keep these numbers in mind to assess the tone of each trading session.
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