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What is Pip ?
May 09, 2020 at 10:23
Anggota Sejak Oct 25, 2019
27 pos
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.
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.
May 15, 2020 at 07:05
Anggota Sejak May 11, 2020
74 pos
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
Anggota Sejak May 06, 2020
8 pos
May 27, 2020 at 11:02
Anggota Sejak May 06, 2020
8 pos
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
Aug 11, 2020 at 00:40
Anggota Sejak Apr 01, 2020
231 pos
mdsh7864 posted: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.
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.
Aug 12, 2020 at 08:44
Anggota Sejak Feb 07, 2020
41 pos
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.
For example- if the price of EURUSD moves from 1.1402 to 1.1403 this would be one pip.
Anggota Sejak Sep 30, 2020
28 pos
Anggota Sejak Mar 16, 2020
54 pos
Anggota Sejak Oct 05, 2020
21 pos
Anggota Sejak Jun 15, 2020
59 pos
Anggota Sejak Jul 23, 2020
759 pos
Anggota Sejak Jul 23, 2020
869 pos
Oct 13, 2021 at 19:51
Anggota Sejak Sep 22, 2018
70 pos
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
Anggota Sejak Aug 17, 2021
94 pos
Oct 16, 2021 at 17:11
Anggota Sejak Aug 17, 2021
94 pos
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.
Jan 01, 2022 at 03:47
Anggota Sejak Jul 19, 2020
751 pos
Pointingmark posted: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.
A pip is the smallest amount by which a currency quote can change.
Anggota Sejak Apr 09, 2019
538 pos
Jan 06, 2022 at 17:11
Anggota Sejak Apr 09, 2019
538 pos
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.
Jan 20, 2022 at 20:46
Anggota Sejak May 25, 2020
20 pos
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.
Anggota Sejak Aug 10, 2021
178 pos
Feb 25, 2022 at 02:20
Anggota Sejak Aug 10, 2021
178 pos
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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