All language subtitles for TraderFX9000 - 3

final decimal so this is one
pip second from the right this

it's one pip and when this
moves that's a 100 pip

this next video we're actually
going to talk about how we go

is ten pips and this is 100
pips so a movement from 1. 1875

about doing that and the
different methods we can use to

don't understand we will be
getting into soon so that is it

we're actually trading which is
a cross of one currency versus

that make sense when this moves
it's ten pips when this changes

how we are going to be
essentially deciding where to

orders. We know we can buy and
we can sell a market. So in

put stop losses where to put
targets all of that if you

it moves to 137. 46 we have
gained one pip of value okay if

So for example then if the
market is riding at 137. 45 and

far right. So where it says.
450. And what we actually want

to 1. 1986 would be a 100 and
eleven pip different okay does

to do is ignore the final
decimal. That is one tenth of a

valuations. So One three seven
point four five. We have a

activate our trades. So thank
you for watching and I will see

75 tells us that one euro is
equal to 1. 1875 US dollars

what we actually are then
looking at is this is one pip.

another example here for Euro
USD this is the value of the

now in the next video we're
going to talk about market

focus on is there, okay? The
second from the right. Um and

profit from a price increase or
a price decrease. And we have

okay so the very similar but
there is a difference there

also spoken about pips and how
we actually measure profits. So

if GBPJPY was to increase from
137. 45 to137. 55 that would be

however before we get into all
of the the chart work and the

individual Great British pound.
To count the pips we go to the

trade day to day without any
issues.

currency. So GBPJPY for example
is the Great British pound

basically we want to catch as
many pips as possible but we're

we can basically profit from
upside and downside movements

that the Euro is going to go up
versus the dollar so if we long

value against the US dollar we
will make money if we short

that one currency is equal to
this amount of another

actual methods the learning
that you understand what a pip

is and how we actually measure
our profits so that is how we

a 10 pip increase If GBP JPY
rose from 137. 45-138. 45.

looking to measure our profits
we can do so by measuring pips.

and the fact that we trade
crosses and currency crosses is

Euro is going to fall in value
against the dollar so when we

profits. Can be a little bit
confusing to start with but you

British pound is equal to
1thirty-seven point four five

GBP that is the Euro versus the
Great British pound. GBP AUD

sizes of course we're going to
be covered later on. We will be

difference in these currency
crosses these currency

of the top minor trading pairs
that you can actually go and

long trades and we have short
trades now a long trade is when

the dollar. So that's what's so
great about the Forex market

go short Euro US we will profit
if the euro loses value versus

Australian dollar versus the
Japanese yen. So those are some

currency quote. GBP JPY 137.
450. So what a quote shows is

Euro USD or buy Euro USD and
then the Euro does rise in

bit more clearly hopefully with
this video. Now when we are

Right so we spoke about the
different ways to trade we have

with that $6 trillion dollar
daily turnover the miners do

versus the Australian dollar.
We then have the pound versus

Euro versus the Australian
dollar. CAD is the Canadian

traded currency pairs and the
major trading pairs are Euro

arise with spreads and
commissions. When you actually

the Japanese yen. The Euro
versus the Japanese yen. The

South African rand and the
peso, the Mexican peso. So the

like exotics okay where we
start trading for example the

of an issue with trading the
minor pairs. Um it the issues

Now AUD is the Australian
dollar. So that's the pound

key ones anyways. The best ones
to trade in my opinion. Euro

sell a currency pair at so the
lower the spreads the better it

the buying and selling price
that you can actually buy and

up against the value of the
dollar, we will make money. If

pound versus the US dollar and
USDCHF which is the US dollar

minors and with the amount of
volume that actually trades

pairs we also have minor
currency pairs there are 14

caught out so much by the
broker so the major the most

versus the Japanese yen GBP USD
which is the Great British

minor currency pairs then are
Euro GBP. Here are some of the

trade very very similar to the
majors. So there's not too much

means we can make more money
and it means we don't get

have the best spreads now the
spread is a difference between

it allows us to buy or sell one
against the other. So here's an

pairs are the most traded
currency pairs the pairs with

currency pair, Euro USD and
that means that it is the most

value of the dollar. If the
Price of the Euro does then go

to fall against the price of
the US dollar. So sell trades

are called short trades. Buy
trades are called long trades.

changes. So currency pair is a
crossover of two currencies and

and what that means is we are
expecting the price of the euro

actually profit from it fall as
well. We can sell the Euro USD

the highest volume and these
are the pairs that give us the

dollar. So here's an example
there. When we buy Euro USD we

versus the dollar, we will lose
money, okay? But we can

however, we buy Euro USD and
then the Euro falls in value

for now we've spoken in this
video about currency pairs what

can actually buy a currency or
we can sell a currency to

another we spoke about the
different ways we can trade, we

value of the US dollar. And
that means we can actually buy

are betting that the price of
the euro will go up against the

When we trade the currency
markets we are trading one

currencies. Now specifically we
are trading currency pairs.

currency versus the other and
looking to profit from value

what we would do again is go to
the far right and ignore the

difference so that's how we
measure our pips and that is

Euro versus the US dollar as we
were speaking about this 11. 18

amount of money that flows
through it day to day. So the

traded currency pair with the
highest volume, the highest

Right so hello and welcome back
to Forex Foundations. In this

video we're going to be talking
about what we trade and how we

would measure profits for the
GBPJPY currency pair There's

going to get into all that
later on it is just important

that's going to be a 100 pip
increase in the market okay so

pip. So the one we want to
target on, the one we want to

it falls to 137. 44 however we
have lost one pip of value now

hundred and thirty-seven point
four five Japanese yen in every

Japanese yen. Okay? And these
currency quotes is what we are

trading. We are basically
trying to catch a price

versus Japanese yen. So what
this shows is that one great

doing that by measuring pips.
Now here's an example of a

will get into it. You will
begin to understand it a little

Now when we're looking at stop
loss sizes and profit target

So looking now at pips. Now
this is how we measure our

day to day.

Euro USD okay which is a sell
trade we are betting that the

we buy a market so if we long
Euro USD we're actually betting

dollar. So CADY is the Canadian
dollar versus the Japanese yen.

CHFJY is that Swiss Frank
Japanese yen and odd JPY

through the currency markets as
we mentioned in the first video

move on to some of the the
lesser traded currency pairs

versus the Swiss Frank so as
well as the major currency

USD so the Euro versus the US
dollar USDJPY the US dollar

We'll get a bit more into that
in a moment. Right so. We have

best trade prices so that means
we have the best commissions we

different types of currency
pairs okay the major currency

Euro USD and we are looking for
price to increase versus the US

Euro USD allows us to trade the
value of the Euro versus the

example of that The Euro USD.
Now this is the most major

trade it. So in the Forex
markets we are trading

you over in the next video.