Wednesday, 24 December 2014

Pivot Point and Calculator

Well Today I am going to teach you about Pivot Point and Support & Resistance  Levels before going to know about Pivot Point you must understand something about Support and Resistance Level Support  It is the price area below the current price where prices declines for going further down or Stop and Reverse.Like below Chart Resistance  It is the price area above the current price where prices stop for...

Sunday, 21 December 2014

Price Quote in Forex

Price Quote When a currency is quoted, it is done in relation to another currency, so that the value of one is reflected through the value of another. Therefore, if you are trying to determine the exchange rate between the (EUR)  and  the  U.S. dollar, the Price quote would look like this: EUR/USD= 1.4036. This is referred to as a currency pair. The currency to the left of the slash is the base currency, while the...

Friday, 19 December 2014

How to calculate Fibonacci Retracement or Calculator

The Fibonacci Calculator is powered by Investing.co...

What is Forex

What is Forex Market? Before going to trade into Forex Market you must know what is forex or  basic  concept of  forex ?  It is basically describes the buying and selling of currency in foreign exchange market ,especially by traders and investors like you and  me. The familiar saying  “Buy low and Sell high” It is certainly applies to currency trading. In Forex Currency Market traders purchases currencies like...