CURRENCY MARKET

  • You can trade 24/5 hours ( Monday to Friday)
  • Bitcoin, Ethereum ( Saturday, Sunday )
  • No expiry for a trade
  • Leverages are 1:200 (min 1 and max  200)


MAJOR CURRENCIES (TRADING PROFIT VERY HIGH)

  • USD
  •  EUR
  • GBP
  • AUD
  • NZD
  •  CAD
  • JPY
  • CHF

 


PAIR FORMATIONS

*USD                            *NON USD

Major pair

Cross pair

Minor pair

USDJPY

AUDCAD

USDINR

EURUSD

GBPJPY

USDSGD

GBPUSD

EURJPY

 

AUDUSD

NZDCAD

 

NZDUSD

CADCHF

 

USDCAD

EURGBP

 

USDCHF

AUDJPY

 

 

MOVEMENT AVERAGE = 50 TO 70

TYPES OF PAIRS IN THE CURRENCY MARKET


  •  NON JAPANESE YEN PAIR
  • JAPANESE YEN PAIR

 

 

NON JAPANESE YEN PAIR ( 5 DIGIT )

 EURUSD=1.01528

1ST-EUR = BASE PRICE

2ND-USD= QUOTE PRICE

EURUSD=1.01528à PIPPET(NO VALUE)

BUY=1.01528

SELL=1.01935

PROFIT à DIFFERENCE BETWEEN BUY AND SELL

  41 PIPS (PROFIT)

 

JAPANESE YEN PAIR ( 3 DIGIT )

USDJPY=137.952

SELL=137.952à PIPPET ( NO VALUE )

BUY=137.658àPIPPET ( NO VALUE )

PROFIT = DIFFERENCE BETWEEN SELL AND BUY (IN DIGIT)

30 PIPS (PROFIT)

 

 


 

ORDER TYPE 

  •  STANDARD ORDER
  • MINI ORDER
  •  MICRO ORDER

STANDARD ORDER  ( 1 )

     100000/200 = $500

      MOVE 1 PIP = $10 PROFIT

MINI ORDER ( 0.1 )

      10000/200=$50

       MOVE 1 PIP=$1 PROFIT

 MICRO ORDER ( 0.01 )-à TRADE

       1000/200=$5

        MOVE 1 PIP=$0.10 PROFIT

 


HINT:

 GOLD à70000INR

                  $877/200 ($9)

CRUDE OILà 40000INR

                   $500/200 ($5)

 

MONEY MANAGEMENT

·      MIN=$ 500

·      MAX = 3 TRADING PAIR

·      LOT SIZE = 0.04(MAX)