Hi from Italy…i am studing in the course and now i have difficult ti undestand the pip valour…how to calculate the value of the pip…can you help me with the formulation?
Easy way would be to use the calculator here on babypips.
Yes but i didn’ t undestand the formulate
For all but jpy
For jpy use .01 instead of .0001
So:
Example:
EUR/ USD. 1,1520
,0001/1,1520
X 1k 10 k.
Forse yen.01
I have the pip valor
Hello @davide333! Check out Clint’s explanation here on how to calculate the value of a pip Calculating Pip Values
Hope it helps!