Stay ahead of the market by preparing strategies for the events that move the Currency Commodity & CFDS Markets
The PIP Calculator calculates the USD value of 1 pip based on the deal size that you will execute . For example, if you make a deal of 1,000,000 EURUSD, each pip will have a value of $100. This tool is especially useful when opening trades where the counter currency is not the USD.
The Fibonacci Calculator help to calculates Fibonacci Retracements levels, to obtain optimal levels to realize profits. In basic terms, the Fibonacci Calculator is used to compute the potential support and resistance levels. Once these levels are known, we are able to work out where breaks or bounces are likely to occur in any trade and set stop-loss, take-profit as well as stop and limit orders. The Fibonacci Calculator is an important tool but must be used in conjunction with other trading tools in order to avoid costly pitfalls.
Deal Size Calculator
There is one thing we repeat ourselves about, it is risk management . It is key, and without it, you will just join the rest of the crowd, losing more than you should, which eventually can lead to failure . By taking a second to simply input the values in the deal size calculator, you will never be confused as to how many units of a particular asset to buy or sell.
Pivot points were developed by floor traders in the equity and commodity exchanges. They are calculated based on the high, low and closing prices of previous trading sessions, and are used by traders to predict support and resistance levels in the current or upcoming market. These support and resistance levels can be used by traders to determine entry and exit points for stop losses and profit taking.