What is Pip ?

Apr 17, 2020 at 04:50
Vues 1,800
29 Replies
Membre depuis Apr 01, 2020   posts 231
Apr 17, 2020 at 04:50
What is Pip In Forex, I am learner and asking for this question for learning purposes.
Membre depuis Apr 04, 2020   posts 38
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.
Membre depuis Oct 25, 2019   posts 27
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.
Membre depuis May 11, 2020   posts 74
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
Membre depuis May 06, 2020   posts 8
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
Membre depuis Apr 01, 2020   posts 231
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.
Membre depuis Feb 07, 2020   posts 41
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.
Membre depuis Sep 30, 2020   posts 28
Oct 08, 2020 at 10:33
A pip is the smallest amount by which a currency quote can change.
Membre depuis Mar 16, 2020   posts 54
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.
Membre depuis Oct 05, 2020   posts 21
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.
Membre depuis Jun 15, 2020   posts 59
Oct 14, 2020 at 11:09
It’s how units are measured in Forex trading. It basically shows the difference in value of currency.
Membre depuis Jul 23, 2020   posts 759
Oct 04, 2021 at 16:38
Pip is the changing value of the price.
Membre depuis Jul 23, 2020   posts 869
Oct 04, 2021 at 17:37
Pip is the smallest fraction in the price.
Membre depuis Sep 22, 2018   posts 70
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
Membre depuis Sep 22, 2018   posts 70
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
Membre depuis Aug 17, 2021   posts 94
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.
Membre depuis Jul 19, 2020   posts 751
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.
Membre depuis Apr 09, 2019   posts 538
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.
Membre depuis May 25, 2020   posts 20
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.
Membre depuis Aug 10, 2021   posts 178
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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