What is a Forex Pip?

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Simply put, a forex pip is the smallest price change that a currency pair can make. More precisely, a pip is the change in the fourth digit in a forex quote. Let us look at an example. If you buy the EURUSD pair at 1.3902 and sell it at 1.3905, you have made a (5-2) 3 pip profit, otherwise known as a 3 pip win. On the other hand, if you buy at 1.3640 and sell at 1.3634, you have made a 6 pip loss. I hope you can calculate and see how we have arrived at that figure.

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The Alpha and Omega Forex Trading System

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The Best and Arguably Most Profitable Forex Trading System in the land is now available to all visitors of this website ABSOLUTELY FREE!! It will not cost you a dime to acquire and you can download your copy immediately by clicking the download button at the bottom of this page 🙂

The Fully Packed Trading System that is both Beginner Friendly and Advanced User Scalable has all the features listed below and comes with a comprehensive manual that explains and assists the user make money with it.

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15 reasons why YOU should Trade Forex

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Here are 15 reasons why you should trade forex in Kenya.

For the disciplined trader, there are very many reasons why trading forex is the best thing ever. Of course if you are not disciplined or are greedy or emotional with little or no money management strategy, the forex market will eat all your money in a split second. But if you are calm, composed, focused, disciplined and with a specific target you wish to achieve by trading forex, consider the following 15 reasons a Godsend in your favour;

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Types of Forex Traders in Kenya

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Any Forex Trader you meet whether in Kenya or anywhere else in the world for that matter, will fall into one of these 3 categories. Based on your individual resilience and abilities, you can pick whichever trading style that best suits you and make a fulfilling, enjoyable and life altering full time or part-time career out of it.

These are the 3 types of traders that we have in Kenya, Namely, Scalpers, Day traders and Swing traders.

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