Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Page 4 of 4 ... 2 3 4
    Results 31 to 32 of 32

    Thread: What is a pip in forex trading?

    1. #31
      Forex in the blood
      I am:
      ----
       
      freya22 is on a distinguished road freya22's Avatar
      Posts
      266
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      263
      Thanked 353 Times in 113 Posts

      Default

      In the forex trading market, pips is how every trader knows whether or not they loose or win.
      A pip measures the amount of change in the exchange rate for a currency pair, and is calculated using last decimal point. Since most major currency pairs are priced to 4 decimal places, the smallest change is that of the last decimal point.

      Though, there are situation where the pairs are in 5 decimal place, in the this case the second to the last figure is the indication of pips change in a pair example gbpusd at 2.35677 if the price move up by one pips then the price will look this way 2.35687. Conversely if the price move down by one pip it will be 2.35667


    2. For the posts posted after 26.04.19 the likes will be displayed after 26.06.19.
    3. #32
      MT5 Addict
      I am:
      ----
       
      mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544 is a splendid one to behold mayo76544's Avatar
      Posts
      505
      Accumulated bonus
      139 USD (What is this?)
      Thanks
      379
      Thanked 1,522 Times in 363 Posts

      Default

      The point in Forex is the smallest price movement that a given exchange rate makes on the basis of a market agreement. Since most major currency pairs have been identified into four decimal places, the smallest change is the last decimal decimal point, and for most currency pairs, 1% or 1 basis point, for example, is the smallest movement the USD / CAD pair can make at $ 0.0001 or a single base point. The point in the forex market can be calculated mathematically as $ 0.0001, which means that every 1000pip is equal to $ 1 and in the same way, the point is equal to 1/100 of the cent, meaning that every 100 points equals 1 cent. But after you open a deal buy or sell, the most important thing is currency prices .. !! Because based on price action it will be determined whether you are winning or losing.


    Reply to thread
    Page 4 of 4 ... 2 3 4

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts