Just what are Pips?
#pips #forex #forexprofitaccumulator #trading #forexlearning #riskmanagement You may have heard the term 'pips' in relation to Forex Trading. Understanding the value of pips is critical in managing your money when trading…..and managing your money is the MOST important factor. The unit of measurement to express the change in value between two currencies is called a ‘pip’ If EUR/USD (‘currency pair’) moves from 1.1050 to 1.1051, that .0001 rise in value is ONE PIP. One pip is