PipHolic.Com

There are many free forex technical analysis distributed over the internet. Be it in a one-man’s blog, corporate’s website, forex forum, mailing-lists or even in your trading platform. I had observed many of those technical analysis and found out that most of them are actually worthless. Some of them are even written to cheat readers.
IMHO, [...]

It is impossible to explain forex trading without mentioning currency pairs. Term “Currency pair” refers to two currencies which is traded one against another. It is written in a mixed codes represent both traded currencies codes.
For example, to represent currency trading of British Pound Sterling against US Dollar, we write and or call it GBP/USD [...]

This is probably the most used word in term of currency trading; Pip. Not only that it is easy to be spelled but also because it is what traders hunt in currency trading. Many trader say that knowing how many pips you gain or lose is more important than knowing how much money you gain [...]

In forex trading base currency refers to the first currency quoted in any currency pairs . Take GBP/USD currency pair for an example, the Great Britain Pound is the base currency and the U.S. dollar is the quote currency. The price represents how much of the quote currency is needed for you to get one [...]