forex-worldtrade-in.blogspot.com
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Thursday, August 27, 2009. How to know how much a “pip” is worth for any pair! Many times, newer traders ask me how they can find out how much a “pip” is worth for any pair. Some will refer to these as pip “costs”, others will say pip “values”, etc. but it’s all the same thing. They all want to know, if my pair moves up one increment or down one increment…how many dollars does that equate to? See both of them below. So one pip of movement for or against you in EUR/GBP is /-$1.66. However, in EUR/...Also,...
forex-worlduk.blogspot.com
forex-world-uk
Monday, August 24, 2009. EURUSD update March 5, 2009 1hr chart. Here is my take. Now remember that B waves are crazy waves, they can go whereever they want to, even a new low, as long as the correction is in 3 waves. My experience the 78.6% fibo usually holds well and it rarely drops below the start of wave A, but this is no guarantee that it will be so in this case. Caution is advised. Dow Jones, will history repeat? I made a comparisment between the DJ of today to the DJ of '29 - '34. Once B is complet...
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