oussama94
05-28-2017, 02:58
A pip is the smallest price/rate change movement.
Example 1 – (EURUSD)
1 pip in EURUSD is quoted as .0001 U.S. dollars; if you are trading 100,000 units
that would make one pip worth 10 U.S. dollars. (100,000 X .0001) = $10.
Example 2 – (USDJPY)
1 pip in USDJPY is quoted as .01 Japanese yen; if you are trading 100,000 units
that would make one pip worth 1,000 Japanese yen. (100,000 X .01) = 1,000 yen.
Example 1 – (EURUSD)
1 pip in EURUSD is quoted as .0001 U.S. dollars; if you are trading 100,000 units
that would make one pip worth 10 U.S. dollars. (100,000 X .0001) = $10.
Example 2 – (USDJPY)
1 pip in USDJPY is quoted as .01 Japanese yen; if you are trading 100,000 units
that would make one pip worth 1,000 Japanese yen. (100,000 X .01) = 1,000 yen.