What is Pip ?

Apr 17, 2020 at 04:50
1,672 zobrazení
29 Replies
Členem od Apr 01, 2020   231 příspěvků
Apr 17, 2020 at 04:50
What is Pip In Forex, I am learner and asking for this question for learning purposes.
Členem od Apr 04, 2020   38 příspěvků
Apr 23, 2020 at 13:58
Hi,
Actually i am also a new trader in forex. But i research more and i learned that, pips is a symbol of changing rate. If rate change low or high then its called one pip change.
Členem od Oct 25, 2019   27 příspěvků
May 09, 2020 at 10:23
Every beginner who wants to understand the intricacies of trading on the currency market must know what a Pip on Forex is, as this concept is mentioned in the Forex literature quite often.
For currency pairs, a pip or point forex is usually one decimal American dollar. Also, 1 pip can be equated to one basis point or a hundredth of a percent.
A unit of one pip at Forex is a small indicator in the change of one or another currency pair.
So, if you still ask yourself a question: how much is one pip, then you need to understand once and for all that this is the minimum price change of a currency pair or another asset in the Forex market.
Členem od May 11, 2020   74 příspěvků
May 15, 2020 at 07:05
When there is a change in price, we just say one pip change. Maybe this will help you - https://www.babypips.com/learn/forex/pips-and-pipettes
Členem od May 06, 2020   8 příspěvků
May 27, 2020 at 11:02
A pip, short for point in percentage, represents a tiny measure of the change in a currency pair in the forex market. A pip is the smallest fraction that a currency pair can move. Suppose, the eurusd is at 1.09457, then a one pip advance will make it 1.09458
Členem od Apr 01, 2020   231 příspěvků
Aug 11, 2020 at 00:40
mdsh7864 posted:
Hi,
Actually i am also a new trader in forex. But i research more and i learned that, pips is a symbol of changing rate. If rate change low or high then its called one pip change.
Great to hear that you are also new in Forex trading and are learning Forex. Thanks to giving me such a informative answer of my question. I have clear idea of what is pip actually.
Členem od Feb 07, 2020   41 příspěvků
Aug 12, 2020 at 08:44
PIP which stands for “point in percentage” is the smallest difference in the change in the price of two currencies. It is basically a unit of measurement to define the smallest change in the value between two currencies. It is the measurement of currency movement. It is also used for ascertaining loss & gains.
For example- if the price of EURUSD moves from 1.1402 to 1.1403 this would be one pip.
Členem od Sep 30, 2020   28 příspěvků
Oct 08, 2020 at 10:33
A pip is the smallest amount by which a currency quote can change.
Členem od Mar 16, 2020   54 příspěvků
Oct 12, 2020 at 12:04
The point in percentage (PIP) is a standardized unit and it is more commonly referred to as 1/100th of 1%, or one basis point.
Členem od Oct 05, 2020   21 příspěvků
Oct 14, 2020 at 04:32
PIP is the price interest point and it determines the price move in the exchange rate. It is good for traders for analysis the price move in order to alter their trade strategy.
Členem od Jun 15, 2020   59 příspěvků
Oct 14, 2020 at 11:09
It’s how units are measured in Forex trading. It basically shows the difference in value of currency.
Členem od Jul 23, 2020   759 příspěvků
Oct 04, 2021 at 16:38
Pip is the changing value of the price.
Členem od Jul 23, 2020   869 příspěvků
Oct 04, 2021 at 17:37
Pip is the smallest fraction in the price.
Členem od Sep 22, 2018   70 příspěvků
Oct 13, 2021 at 19:51
Dictiony posted:
What is Pip In Forex, I am learner and asking for this question for learning purposes.


A pip, short for 'percentage in point' or 'price interest point,' represents a tiny measure of the change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency
Členem od Sep 22, 2018   70 příspěvků
Oct 13, 2021 at 19:53
A pip, short for 'percentage in point' or 'price interest point,' represents a tiny measure of the change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency
Členem od Aug 17, 2021   94 příspěvků
Oct 16, 2021 at 17:11
Pip is an acronym for 'percentage in point' or 'price interest point.' A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point.
Členem od Jul 19, 2020   751 příspěvků
Jan 01, 2022 at 03:47
Pointingmark posted:
A pip is the smallest amount by which a currency quote can change.
I think trading is not about increasing your daily pips. It is about being disciplined with your trading. You have to create some rules for your trading like risk reward ratio. I personally follow 1:2 risk reward ratio. It means i risk 10 pips against 20 pips profit.
Členem od Apr 09, 2019   538 příspěvků
Jan 06, 2022 at 17:11
As many have mentioned the definition has been given already but I would suggest for help with these sorts of fundamental questions going through something like the BabyPips school as all this jargon and much more is in there and it's free.
If you can't spot the liquidity then you are the liquidity.
Členem od May 25, 2020   20 příspěvků
Jan 20, 2022 at 20:46
Pip is an acronym for 'percentage in point' or 'price interest point.' A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point. A pip is thus equivalent to 1/100 of 1% or one basis point. For example, the smallest move the USD/CAD currency pair can make is $0.0001 or one basis point. I believe that it's very important to understand all the terms in trading because it clarifies you many aspects in this activity, even the most complicated ones.
Členem od Aug 10, 2021   178 příspěvků
Feb 25, 2022 at 02:20
The forex pip refers to the movement of price from one point to another. If the price of eurusd moves up to 1.1610 then eurusd has moved three pips upwards, that's how pip works, and don't forget that we have ask and bit price, if the current price of eurusd is 1.1607 then the bid price will be 1. 16010.
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