Pip? What is pip?
Pip is “Percentage In Point”.
One pip is .0001
At the time of this writing…
1.00 EUR = 1.55309 USD
Let’s say you buy EUR/USD at 1.55309 and
then you sell at 1.55359 one week later.
Then, you made profit of 5 pip.

So…
What is Forex?
I am complete newbie and just started studying about Forex.
Forex is abbreviation of foreign exchange market or currency exchange.
Forex is THE Biggest market in the world!
Forex Market is approaching 2 trillion dollars!
Forex is The most liquid financial market!
Forex market never sleeps!
As for me, I don’t care about definitions.
All I care about is that […]