BabyPips.com Forum

How to calculate Pips

Beginner Questions

Bipin1800 October 12, 2020, 5:57pm 10

Hi JennLaf. Please go through this wonderful explanation by Clint.

How to calculate the Pip Value Beginner Questions

Okay, fasten your seat-belt, and let’s do a pip-value calculation the old-fashioned way – by hand. Let’s begin with a solid understanding of what a pip is. In individual currencies – For all major and minor currencies EXCEPT the JPY, one pip is 1/10000 of one unit of currency. For the USD, one pip is 1/10000 of one unit of USD (that is, one pip = $0.0001) For the GBP, one pip is 1/10000 of one unit of GBP (that is, one pip = £0.0001) …and so forth For the JPY, one pip is 1/100 o…

show post in topic

Home
Categories
Guidelines
Terms of Service
Privacy Policy

Powered by Discourse, best viewed with JavaScript enabled