Reading the Screen: Quotes, Pips, and What the Numbers Mean

Описание: Episode 4 completes Part I: Foundations by teaching listeners how to read and understand foreign exchange quotations. David Axtell breaks down the fundamental mechanics of FX quotes, explaining base versus quote currencies, pip calculations, bid-offer spreads, big figure conventions, and common mistakes that even experienced professionals make.

1. Base and Quote Currencies (4 minutes)
2. Pips and Pipettes (4 minutes)
3. Bid-Offer Spreads (4 minutes)
4. Big Figures and Abbreviated Quotations (3 minutes)
5. Direct vs Indirect Quotations (2 minutes)
6. Common Mistakes and How to Avoid Them (3 minutes)

By the end of this episode, you will:

• Understand the difference between base and quote currencies
• Calculate pip values across different currency pairs
• Interpret bid-offer spreads correctly
• Read abbreviated quotations using big figures
• Avoid common execution errors
• Have the foundational knowledge to move into Part II: Spot FX

Reference sites:


learn.rondanini.com






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