what is pip in forex in urdu



In this video what is pip in forex you must understand what is a pip and how to calculate its value if you want to trade successfully. A pip stands for "Price Interest Point" and "percentage in point". It is smallest unit of Price by which you can make profit or loss on basic of pip in your forex trade. Let me introduce in details about pip, when standard currencies are quoted, they mainly quoted to fourth or fifth decimal places as well as Japanese yen which are qouted to two or three deicmal palces. Look at example GBP/USD pair and see it move from 1.4383 to 1.4384 it has moved 1 pip (because the fourth decimal point has increased by 1). For my full beginner forex training course information in technical analysis and trading, go here: http://www.urduforextraining.com you can watch more professional forex training videos from here: go to https://www.youtube.com/watch?v=hR4lNozt4I8 Kindly Subscribe and Comment. All the best. :)http://www.youtube.com/user/ https://www.facebook.com/Intellectualorganization https://twitter.com/UrduforexVideos +92-345-3423650

Comments

  1. Thanks
  2. Salam dear sir it is very nice video about pip


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Duration: 6m 58s

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