Reasons for EURUSD 600 pips drop 22-Jul-2014
Jul 23, 2014 at 06:29
Vues 497
7 Replies
forex_trader_169857
Membre depuis Dec 31, 2013
posts 170
Jul 23, 2014 at 06:49
Maybe there's a problem with your broker. The range on my broker was only about 70 pips.
forex_trader_169857
Membre depuis Dec 31, 2013
posts 170
Jul 23, 2014 at 13:44
Yes, the high of my broker was 1.35290 and the low was 1.34590 so the range of the day was 70 pips.
forex_trader_169333
Membre depuis Dec 26, 2013
posts 62
Jul 23, 2014 at 14:07
I think his broker has 5 decimal price.that's way 600 pips not 60.so there is no problem with the broker.
forex_trader_169857
Membre depuis Dec 31, 2013
posts 170
Jul 23, 2014 at 14:21
(édité Jul 23, 2014 at 14:39)
fxnew posted:
I think his broker has 5 decimal price.that's way 600 pips not 60.so there is no problem with the broker.
The 4th digit after the decimal is known as pips regardless if its 5 decimal quote or 4 decimal quote. 1 pip = 10 points. If its referred to as 600 on a 5 decimal quotes broker, then it's called 600 points not 600 pips.
Jul 24, 2014 at 19:02
MyFxTrader posted:fxnew posted:
I think his broker has 5 decimal price.that's way 600 pips not 60.so there is no problem with the broker.
The 4th digit after the decimal is known as pips regardless if its 5 decimal quote or 4 decimal quote. 1 pip = 10 points. If its referred to as 600 on a 5 decimal quotes broker, then it's called 600 points not 600 pips.
Its 600 Points | Thanks for teaching me | I have learned the difference 😇|
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