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is that pip?

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iswandi

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Pips are the smallest unit of the mention of the value of prices, can also be referred to as a general form of an increase in the value of foreign exchange.
#31 - May 24, 2019, 05:29:48 AM

Devi11

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Quote from: Fxortrader on February 23, 2019, 02:06:07 AM
Pip is short of "percentage points" and is the smallest increase in forex trading. In the forex market, the price is quoted to the fourth decimal point. For example, if a bar of soap at a pharmacy is valued at $ 20, in the forex market, the same soap will be quoted at 1.2000. Changes at the fourth decimal point are called 1 pip and are usually equal to 1/100 of 1%. Among major currencies, the only exception to this rule is the Japanese yen. One Japanese yen is now worth around $ 0.01. So, in the USD / JPY pair, the quote is only taken for two decimal digits (ie at 1/100 yen, as opposed to 1/100 with the other major currencies)
in the world of forex pip, it is the same as a replacement price as stated, so if it is written according to the price and not replaced with lots, it will be difficult later when trading
#32 - May 24, 2019, 11:10:38 AM

apollo

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pips are usually used to target a profit target, for example my profit target this week is 50 pips, pips are points.
#33 - May 24, 2019, 11:21:03 AM

gandasuli

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Quote from: apollo on May 24, 2019, 11:21:03 AM
pips are usually used to target a profit target, for example my profit target this week is 50 pips, pips are points.
if the target can also be a percentage or currency not just pips, friend. but indeed pips are more commonly used to refer to a profit.
#34 - May 24, 2019, 11:25:18 AM

Tatang

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pips is the unit of points in trading.
#35 - July 27, 2019, 03:26:35 AM

Krisantimum

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pips is the target achieved by a trader and is related to profit.
#36 - July 27, 2019, 03:54:46 AM

Ninfi

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pips can also be called points, often used by traders to set targets for both profit targets and target losses.
#37 - July 27, 2019, 05:20:48 AM

Timlo

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basic knowledge about PIP, don't reverse it between PIP and PIPS. because the two dogit count differently.
#38 - August 06, 2019, 01:02:45 AM

dumdum

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On a 5 digit pip platform it also means the same as a point. If you trade at a 5 digit broker the accuracy increases or is more accurate in its reading because there is an additional 1 digit as a fractional value.
#39 - August 06, 2019, 01:13:13 PM

bersih88

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this discussion about pips is very basic and there are many in my opinion.
#40 - October 13, 2019, 12:32:50 AM

brajamana

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Pips are the achievements of a trader, depending on the target.
#41 - October 13, 2019, 01:28:08 AM

Libra

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pips is the smallest unit in a 4 digit account, but in a 5 digit account there is still another smallest unit called a pippette or one tenth of a pips and is usually used in a 5 digit account.
#42 - November 05, 2020, 05:39:06 AM

OjoL2904

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pips is the last number of 4-digit accounting, apart from pips there are still more smaller than pips, namely pippette or one-tenth of the pips and it is usually used on 5 digit accounts.
#43 - November 11, 2020, 04:18:06 PM

FzFx

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pips is a unit of price movement, 1 pips is equal to 1 point and that is what we often hunt in forex trading.
#44 - November 11, 2020, 05:33:48 PM

Billy Atkinson

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pips is a target that is often achieved by a trader, for example, my daily target is 100 pips, so pips is the unit to measure the profit target.
#45 - November 12, 2020, 01:27:45 AM
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