Wednesday, 8 November 2006
Forex Day Trading System - Answering a question
Wednesday, 8 November 2006
Forex Day Trading System - How much does a pip corresponds to!!??One of a visitor has asked me what is a pip and how much money does it mean. So Lets focus on that to learn forex trading onlineA pip is the last decimal place of a forex quote. The pip, is how a profit or loss is measured. For example if EUR/USD = 1.2506, it means that 1 EUR = 1.2506$. As each currency has its own value, it is
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