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Lesson 1 - What is Forex and how does It work?
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Know your forex terms
Before we delve any deeper into the possibilities that exist in the Forex market, we need to go over some basic Forex market terms.
Pip: A pip (percentage in point) or point, is usually the smallest unit of measurement in the Forex market. Most currency pair quotes are carried out four decimal places-i.e. 1.4500. When you work with Alpari quotes are carried out to the 5th decimal place to provide better pricing. The 5th decimal place repre
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