What Is A Pip In Forex?

source: youtu
18

Every trader must learn about pips so as to travel easy through the financial markets, when it comes to setting profit target, stop loss and measure growth in general as a Forex trader. Simply put: A pip is the basic unit of measurement in Forex. It shows us the change in value between two currency pairs. In other words, movement in the exchange rate is measured by pips. As a new trader you should also learn how to set up Mt4 alerts to phone

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