what is pips forex

By admin 　

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what is pips forex
forex help?

can someone explain what i PIP is in forex? and do i want – pip or +pip?

thanks

Pip (or Points) – The term used in currency market to represent the smallest incremental move an exchange rate can make. Depending on context, normally one basis point (0.0001 in the case of EUR/USD, GBD/USD, USD/CHF and .01 in the case of USD/JPY).

http://www.piptrader.com/forex_education/basic_forex_education/forex_glossary.asp

130+ Pip Winner Trading the Ichimoku Cloud – FOREX -GBPH4


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This entry was written by admin, posted on February 15, 2010 at 6:58 pm, filed under Online Money and tagged , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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