Friday, May 22, 2009

[Analysis] UJ ... again.

Last post UJ broke TL. Well, i loss about 50 pips. Well i you read news about 2 days ago Russia
dump US dollar so USD weak. My prediction, UJ will go to fibo 61.8% 92.57 ...

Good luck. :)
Posted by at

1 comment:

  1. Md Razu AhmedFebruary 6, 2016 at 2:01 AM



    Three FOREX Methods and Concepts
    Pips
    When you trade foreign exchanges certain values are ascertained to
    the currency prices. Those values are referred as pips. The more number
    of pips you gain the higher are your profits. For example if you have
    allotted .1 $ value for a pip and you gain 10 pips on that day then your
    profit can be calculated by multiplying the value of a pip with the total
    number of pips gained i.e. 10* .1 $ =1 $

    Volume
    Volume refers to the extent of trade activities that take place on one
    particular day. In other words it denotes the amount of money transacted
    during the day. These volumes are dependent on how busy the exchanges are
    working. Whenever there is break or less business the volume will be less
    . Since people work by taking different time zones into account the volume
    of these exchanges always tend to be very high.

    Buying and Selling
    They constitute the core activities. You must always buy foreign exchanges
    when the prices decline sharply and sell them when they increase rapidly in a
    stock exchange. However these activities take place differently in a foreign
    exchange. The buyers will get the currencies after anticipating the fall in price
    but they will also sell it at a lower price on the assumption that prices will
    further fall so they can buy them back at a very lower price.


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