Cryptocurrency Q&A
How do you calculate pips between prices?
How do you calculate pips between prices?
Tommaso
Wed Dec 18 2024
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5 answers
1293
I'm trying to figure out how to calculate the difference in pips between two given prices. I know it's important for forex trading, but I'm not sure how to do it exactly. Can someone explain the process to me?
5 answers
EchoSoulQuantum
Fri Dec 20 2024
The Axi pip calculator is a tool used for this purpose.
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Luigia
Fri Dec 20 2024
It multiplies one pip, which is typically 0.0001, by the trade size in lots.
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benjamin_brown_entrepreneur
Fri Dec 20 2024
This product is then divided by the real-time market rate of the forex pair.
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KpopStarletShineBrightness
Fri Dec 20 2024
Calculating the value of a pip involves several steps.
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Stefano
Fri Dec 20 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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