Sep 18 2018

Pips in Forex Trading—What Are They, forextrading.#Forextrading

Forex Pips Definition—What are Pips? The term pips is an acronym for percentage in point, although it s sometimes also called a price interest point. If that leaves you scratching your head, here s a better explanation that s a little less technical. Pips represent the smallest movement that a currency pair can make. This is typically equal to 1 basis point, but not always. About Forex Trading You can t understand pips until you understand Forex trading. Forex is shorthand for the foreign exchange market. Currencies must be exchanged to facilitate international trade and business, and this is the …