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=1.01528Ã PIPPET(NO VALUE)
BUY=1.01528
SELL=1.01935
PROFIT Ã DIFFERENCE BETWEEN BUY AND SELL
41 PIPS (PROFIT)
JAPANESE YEN PAIR ( 3 DIGIT )
USDJPY=137.952
SELL=137.952Ã PIPPET ( NO VALUE )
BUY=137.658Ã PIPPET ( 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 )-Ã TRADE
1000/200=$5
MOVE 1 PIP=$0.10 PROFIT
HINT:
GOLD Ã 70000INR
$877/200 ($9)
CRUDE OILÃ 40000INR
$500/200 ($5)
MONEY MANAGEMENT
·
MIN=$ 500
·
MAX = 3
TRADING PAIR
·
LOT SIZE =
0.04(MAX)




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