Category: Forex

What is PIP? How to Calculate the Value of Each PIP in Forex Trading If you’re new to forex trading, the term PIP can be confusing. So, what is a PIP and how do you calculate the value of each PIP in forex trading? Here is a detailed answer for you. What is a PIP? PIP stands for “Percentage in Point.” It is used to measure the smallest change in the value of a currency pair. For currency pairs with 5 decimal places after the dot, the PIP unit is…

Detailed and comprehensive guide on how to play Forex for beginners, important terms, popular trading strategies and trading experience to win in this market Detailed and comprehensive guide on how to play Forex for beginners, important terms, popular trading strategies and trading experience to win in this market 1. Basic Forex and how to play Forex for beginners Today I will present the most basic information on how to play Forex for beginners. ✅What is the foreign exchange market? The foreign exchange market (also known as Forex or FX) is…