ForexTac.Com

Fellow traders, how are your trades going? I apologize for long time neglecting this blog. I have been so busy with my things, including traveled back and forth between Indonesia and Japan. Now that I plan to move this blog to new domain: www.forextac.com.  The migration needs at least two days to have everything properly [...]

Forex pip value refers to the amount of money we gain/lose for each pip we gain or lose in currency trading. This is different with ‘1 pip definition’ I wrote before, so please don’t confuse both terms. In this article I’d like to explain how to find out forex pip value for any currency pair.
The [...]

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 [...]

Today US markets is closed (and so is the Canadian, especially those in Alberta) in observance of Labor Day (or “Labour Day” in Canada). Labor Day is celebrated annually on first Monday in September. This is a federal state holiday in US and all the 50 state have made Labor Day a State Holiday.
According to [...]

Although every investment involves some risk, the risk of loss in trading off-exchange forex contracts can be substantial. Therefore, if you are considering participating in this market, you should understand some of the risks associated with this product so you can make an informed decision before investing.
As stated in the introduction to this booklet, off-exchange [...]

You can read the part 1 of this articles in NFA-Introduction to Forex
How does the off-exchange currency market work?
The off-exchange forex market is a large, growing and liquid financial market that operates 24 hours a day. It is not a market in the traditional sense because there is no central trading location or “exchange.” Most [...]

National Futures Association is a congressionally authorized self-regulatory organization of the United States futures industry. Its mission is to provide innovative regulatory programs and services that protect investors and ensure market integrity.
This article is copied from NFA official release contain some basic information of forex from NFA perspective. It is a good reading to start [...]

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 [...]