Back to Basics: How to Calculate Pips on Forex Pairs
📌 Back to Basics: How to Calculate Pips on Forex Pairs 💱📊
Every Forex trader needs to understand pips—it’s the foundation of measuring movement in currency pairs.
✅ On most pairs, 1 pip = the 4th decimal place (0.0001).
✅ On JPY pairs, 1 pip = the 2nd decimal place (0.01).
In this quick video, I’ll break down exactly how to find the pip, how to count them, and how to use them when setting your entry and take-profit (TP) levels.
Perfect for beginners or anyone who wants a simple refresher!
✨ Trading made simple.
👉 Watch now and build your Forex foundation the right way.
⚠️ Disclaimer: This video is for educational purposes only and should not be considered financial advice. Trading carries risk, and you should only trade with money you can afford to lose. Always do your own research before making any trading decisions.
Every Forex trader needs to understand pips—it’s the foundation of measuring movement in currency pairs.
✅ On most pairs, 1 pip = the 4th decimal place (0.0001).
✅ On JPY pairs, 1 pip = the 2nd decimal place (0.01).
In this quick video, I’ll break down exactly how to find the pip, how to count them, and how to use them when setting your entry and take-profit (TP) levels.
Perfect for beginners or anyone who wants a simple refresher!
✨ Trading made simple.
👉 Watch now and build your Forex foundation the right way.
⚠️ Disclaimer: This video is for educational purposes only and should not be considered financial advice. Trading carries risk, and you should only trade with money you can afford to lose. Always do your own research before making any trading decisions.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.