📏Pip is a measurement of the price change in a currency pair trading on the forex market. In most cases, pip is the equivalent to 1/100th of 1%.
That rule is applicable to all the currency pairs quoted to the 4th decimal place like EURUSD.
➡️Current EURUSD price is 1.1696
6 is the 4th decimal place representing a pip.
🎡 FOREX MARKET MANIPULATION 👾
What is the first thing you learned when you started your journey in the forex market?
I will answer for the majority, Support/Resistance, trendlines, chart patterns and etc
Have you ever asked yourself why is it so common?
When we are introduced to the foreign exchange, we are thrown in a deep ocean with a lot of...