TraderCapAcademy

Module 8

Forex Deep Dive

The world's largest market in detail: how currency pairs are built, what drives them, and how each pair tends to behave across the trading day.

6 chaptersStart reading →Watch videos
  1. 1

    Majors, minors and exotics

    How currency pairs are grouped, and the differences in liquidity and cost.

  2. 2

    Pip value calculation

    Working out what one pip is worth on any pair and any account currency.

  3. 3

    Currency correlations

    Pairs that move together or against each other, and how to avoid doubling your risk.

  4. 4

    The Dollar Index (DXY)

    Why the US dollar sits behind most moves, and how to read DXY alongside a pair.

  5. 5

    Interest rate differentials and carry

    How rate gaps between countries move currencies, and how carry trades work.

  6. 6

    Pair behaviour by session

    Which pairs move in which session, and when each one is usually quiet.