Welcome to our blog where we write about everything related to Forex Signals, Markets & Trading.
- Saturday, October 24 2020
By Dominic Gilbert
WHAT ARE PIPS? First off, "PIP" stands for Point In Percentage. In all pairs involving the Japanese Yen (JPY), a PIP is the 1/100th place - 2 places to the right of the decimal. In all other currency pairs, a pip is the 1/10,000th place - 4 places to the right of the decimal. Let me give you a simple... Continue Reading