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Day: February 11, 2008
February 112008
Rand — Worst Performer so Far
The strongest African economy may soon lose its position at least so tells us its currency. South African rand appears to be one of the worst performing currency of 2008. Rand, being an indicator of the national economys health, was the top loser against the U.S. dollar this January with a loss exceeding 4.4%. Although gold and platinum (South African export commodities) were appreciating fast last month, traders were concerned with electricity […]
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February 112008
Position Size Calculator and Pip Value Calculator
Ive added a new calculator to the Forex tools section of the site its a Position Size Calculator. Its largely inspired by the Forex Position Size Calculator created by Rich Paredes from ForexProject.com. Ive tried to improve it with own vision of the position size calculation and now you can check it out. It calculates position size in units and lots, it also returns the amount of risked money or the risk ratio for your position. Account currency and leverage are stored in the cookies. Pip […]
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