(MENAFN- Daily Forex) The first thing that a novice trader finds unusual when initially using the MetaTrader 4 platform is calculating pip values and converting them to dollars. In general, we gauge ...
(MENAFN- Daily Forex) A pip, short for percentage in point, is a Forex term that refers to the fourth decimal in all currency pairs , except for Japanese Yen currency pairs, where a pip refers to the ...
It helps you make informed decisions about where to enter and exit trades, and how much to risk on each trade A pip is a unit of measurement for a currency pair’s value change in the foreign exchange ...
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