What is Pip ?

Gewgaw

Tham gia từ Jan 21, 2022 57bài viết

Mar 01, 2022 at 07:21

Tham gia từ Jan 21, 2022 57bài viết

Pip measures the amount of change in exchange rate of a currency pair and is calculated using the last decimal point. Knowing the pip value of a currency pair gives a trader a more precise assessment of how many pips of risks a trader is taking.

HeavLeighGill26

Tham gia từ Aug 05, 2021 394bài viết

Mar 01, 2022 at 17:12

Tham gia từ Aug 05, 2021 394bài viết

I see that there are already several explanations with the answer to your question, but I wanted to point out that the Babypips website would probably help you out. They have a lot of content that focuses on beginners. I also was confused about pips at first but the site explains things in a way that is easy to follow.

ceceliagreerr

Tham gia từ Jan 20, 2022 30bài viết

Mar 02, 2022 at 05:37

Tham gia từ Jan 20, 2022 30bài viết

In forex trading, pip is an acronym that denotes ‘percentage in point’ or ‘price interest point’. It is the smallest price move that an exchange rate makes on the basis of forex market convention. Generally, all the currency pairs are priced out to four decimal places while the pip change is the last decimal point.

LyudmilLukanov

Tham gia từ Jul 23, 2020 816bài viết

Mar 02, 2022 at 05:47

Tham gia từ Jul 23, 2020 816bài viết

Dictiony posted:
What is Pip In Forex, I am learner and asking for this question for learning purposes.

I see you already have your answer! In your trading, you should set your SL and TP according to the Pip calculator; don’t set your TP randomly, always try to set this position according to the market chart!

TroyTheTrader

Tham gia từ Jun 21, 2021 33bài viết

Mar 07, 2022 at 11:03

Tham gia từ Jun 21, 2021 33bài viết

refer image for pips:

Đính kèm:

Diptote

Tham gia từ Feb 18, 2022 15bài viết

Mar 14, 2022 at 07:53

Tham gia từ Feb 18, 2022 15bài viết

In order to make profitable trades, traders have to catch pips. They are referred to as the minimal changes in the price of a currency pair. For instance, Say EUR/USD was quoted at 1.7581 when you bought this pair. After a while, due to market’s volatility, its value changed to 1.782. So if you look closely at the price, the last digit has increased by 1. That’s what is called a pip. Generally, a pip is the fourth value after the decimal (0.0001). But there are exceptions; all pairs formed with the Japanese Yen follow 0.01.

shortant

Tham gia từ Nov 02, 2021 73bài viết

Apr 05, 2022 at 04:54

Tham gia từ Nov 02, 2021 73bài viết

In forex trading, the pip is the amount by which the currency pair has moved. It refers to the smallest change in the price of a currency pair. It is the minimum amount that the price can move, either up or down.

Bigmouth

Tham gia từ Mar 22, 2022 24bài viết

Apr 08, 2022 at 08:14

Tham gia từ Mar 22, 2022 24bài viết

Pip is a point in percentage, it determines a price move in an exchange rate. It mostly happens when the market shifts. To get a better idea, watch a few informative videos.

Salsitude

Tham gia từ Mar 21, 2022 47bài viết

Apr 11, 2022 at 06:39

Tham gia từ Mar 21, 2022 47bài viết

Pip is the smallest price fluctuation that a currency price can make. On the currency market, a pip is the smallest price movement of one currency versus another. It is usually represented in decimal digits.

davemack

Tham gia từ Feb 20, 2021 77bài viết

Apr 25, 2022 at 10:42

Tham gia từ Feb 20, 2021 77bài viết

The pip is the minimum price movement possible in one transaction. One pip is equal to one tenth of 1%. Usually Forex quotes are in pips, which makes it easy to compare the rate of one currency to another, as well as one currency pair to another.

EURUSD	1.13021	GBPUSD	1.33066	AUDUSD	0.64115
USDJPY	145.42	USDCAD	1.38209	USDCHF	0.82956

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