Chat or rant, adult content, spam, insulting other members, show more. Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing, show more. What is the meaning of the 4 majors EU,GU,UC,UJ and 3 minors UCAD,AU,NU currencies in the FX market?

I was reading about the FX market, and I can't figure out what they mean when they say there are 4 major EU,GU,UC,UJ and 3 minor UCAD,AU,NU currencies. What do the symbols mean? Are you sure you want to delete this answer?

Trending Now Lauri Markkanen Victoria Azarenka Cleveland Cavaliers Lars Stindl Ariana Grande Airline Tickets Mel Gibson Reverse Mortgage Rates Honda Cr V Alyssa Milano. FOREX — Foreign Currency Exchange 1. Dollar As you can see, there is a currency on the left and one on the right.

EU, GU AND UJ TRADING PLAN () - ProfitF - Website for Forex, Binary options Traders (Helpful Reviews)

The one on the left is referred to as the base, and the one listed on the right is known as the cross. The format, once again, is as follows. The EUR is the BASE and the USD is the CROSS.

This is the smallest unit price for any Foreign Currency. This is similar to purchasing one stock or one contract in the futures market. A pip is the last digit from the decimal point.

The answer is leverage. The FOREX market is highly leveraged and should be respected. That said, it can also provide for a tremendous return on your investment. The average leverage in the FOREX is to 1. Calculated PIP Calculated PIP — shows the Price Interest Point PIP value for the selected currency pair based upon your trading account margin. FOATING- When the USD is the base currency left side of the pair , the PIP value is based upon the exchange rate of the cross currency i.

Also, the PIP value is floating when the pair consists of foreign currencies i. LOT A lot is the normal unit of trading in the FOREX market. Trades are made in lot increments, similar to share increments in the stock market.

Standard or k FOREX account- has a Mini FOREX account- has a The market is open from Sunday at 5pm EST to Friday at 4pm EST. You can find three different eBooks here: Auto Binary Signals http: Invest in Forex Tips http: You can make money in binary options only if you treat it as a real form of investing. All these are not that difficult but it takes some time.

If you treat it as gambling and just make random predictions then you will obviously not win. Are you prepared to refinance?

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