Category Archives: Forex Trading

That is because substitution offers similar benefits as the company provides. So, when examples of substitute goods consumers switch to Pepsi because of lower prices, it can threaten Coca-Cola sales. Because it is an alternative, consumers switch to their substitutes when the price of an item rises. In contrast, when the price of Pepsi rises, […]

Capital goods are fixed inputs that contribute to the production of other goods. Intermediate goods are the links between the raw materials and the final products in a production process. Therefore, these goods have an additional value that cannot be classified with raw materials. An intermediate good or consumer good is a product that is […]

Amid the intricate web of economic activities, the concept of intermediate goods plays a pivotal but often overlooked role. These goods, situated between raw materials and finished products, form the backbone of supply chains, impacting production processes, economic indicators, and overall market dynamics. Understanding the significance of intermediate goods unveils their profound influence on modern […]

Another example of intermediate goods are integrated circuits used by the electronics industry. Others are navigational equipment used in transportation, metal and rubber used by the machinery industry, fertilizer used in agriculture, and girders used in construction. What if you’re not exactly sure what counts as an intermediate good? In that case, we’ve broken down […]

Do not worry if the quote currency is different from your account’s base currency, because the system carries out the conversion automatically. Tools like mobile apps, browser calculators, and MetaTrader plugins can simplify pip calculation. They offer convenience and accuracy, letting you focus on your trading strategy. Forex trading requires knowing how to calculate pips […]

The value of a pip can vary depending on the currency pair being traded and the size of the trade. It is typically the fourth decimal place in most currency pairs, except for Japanese Yen pairs, where it is the second decimal place. This basic unit of measurement is essential for managing risk and understanding […]

When trading forex, “pips” are the most basic unit of measure. You might also want to check out our position size calculator. Jay and Julie Hawk are the married co-founders of TheFXperts, a provider of financial writing services particularly renowned for its coverage of forex-related topics. While their prolific writing career includes seven books and […]

You must define how many pips you are willing to lose or gain in a trade to implement proper risk management. You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they are and show you how their values are calculated. Mastering the idea of pips […]

During this time, many companies also host conference calls to discuss the results and field questions from analysts on Wall Street. As earnings season approaches, many analysts will conduct intrinsic valuations to determine if the current market price of a company’s stock is over- or under-valued. Fundamental analysts will look at the qualitative (business model, […]

For example, you can build an EA to detect mean reversion What to invest in with 10k opportunities on a given currency pair (say GBP/USD) with the use of the 20-day Exponential Moving Average indicator. By incorporating these tools, the Smart Grid EA aims to minimize exposure to high-risk trades, especially when the market is […]