Foreign Exchange 4U - Currency & Forex

The scratch trade is probably the single most important key to success in short term scalping of the UK horseracing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be used […]

1. Predicting and trading in different timescalesYou must make sure that you match the timescale of your prediction of the price?s direction with the amount of time that you hold your position. For instance, a classic mistake would be if you are trading the favourite?s price 3 minutes before the race is due to start […]

Is Slippage a Problem?Let?s face it, every trader on the Planet has wished at some point during their career that slippage did not exist. I for one have cursed at the top of my voice, let alone under my breath, at slippage on an entry or exit. However, every successful trader on the Planet has […]

Let?s face it, racing isn?t exactly whiter than white. There has always been an accepted culture of insider betting by trainers, jockeys, owners and people in the know on UK horseracing.

It?s inevitable, and horseracing provides a lot of opportunities for someone in the know to profit from, for instance, a horse not running quite as […]

Having found your dream home abroad you may now be in the position where you will need to transfer and pay for the property in a different currency to your own. The method you choose to change and transfer money and timing can have a huge effect on the price you pay for your property.

Firstly […]

With its wonderful landscapes, inviting climate and historical background, Turkey has long been a popular tourist hot spot. So popular, in fact, that many visitors have inquired about buying property there. Until recently, though, if you were a non-resident then you could only buy a property in Turkey if you paid cash. However, with recent […]

Forex trading has fast become one of the hottest topics around these days as a way for people to invest and get rich. But is forex trading really an easy and surefire way to grow rich or is it just another risky venture? Undoubtedly, there are key fundamentals that anyone interested in forex trading should […]

The foreign currency trading market is the trading of one currency against another. Most of the major pairs include the US dollar (USD). The main players are the British pound (GBP), the Euro (EUR), the Japanese Yen (JPY), the Swiss franc (CHF), plus the Australian, New Zealand and Canadian dollars (AUD, NZD, and […]

In general terminology the abbreviation ?pip? may refer to many things like Protective Industrial Products, Picture-in-Picture, Personal Identity Provider, Partners in Protection, Preferred Internet Provider, Performance Index Paper etc.

In currency trading ?pip? stands for ?percentage in point?. This is the smallest increment of change in forex trade. It is the smallest number in quotation of […]

Since the US dollar is the centerpiece of the market,it is normally considered the 'base' currency for quotes. In the “Majors”, this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a […]