Thanks, Rhodytrader for clarifying your answer.
Thanks to Daydreamer65 for your hyperlink - gone to my favourites. You certainly do have a way of making things especially simple - I like it.
Not that I did not know what a 1 micro pip was - but I wanted to see what you people had to say.
It is clear then, that a 1 micro pip value depends not only on the micro lot but also on how many of these lots you are trading.
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