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Tag Archives: U. S. Dollar

What is a Pip – Not All Pip's Are The Same

Posted on September 8, 2011 by Brad
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In today’s world we see the word “PIP” used in several places, so what is a PIP you might ask? Shopping for televisions you will understand it as a “Picture-In a “Picture”. With some fruits such as apples and pears, you will find it used to represent the seed or pit. But what is a pip in Forex trading?

 

In our business it represents “Percentage-In-Point.” and is used to quantify a currency rate to a very detailed and small amount well below whole numbers. Different currencies are traded around the world and using this system helps equalize each currency against the other for much more accurate measurement. Continue reading →

Posted in Forex Indicators | Tagged Currency verse another, Euro, Forex, forex hedge, Managed Forex Account, PIP, Trading strategy, U. S. Dollar, what is a pip | Leave a reply

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