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Search: Posts Made By: Wikmar

Forum: Currencies

October 3rd, 2014, 08:13 PM

Replies: 8

What is 1 pip ( tick ) worth

Views: 7,037

Posted By Wikmar

So, you agree. Pip is the acronym for...

So, you agree.

Pip is the acronym for "Percentage in Points". When this term became popular, currencies were traded with 4 decimal places (2 decimal places in the Yen crosses).

Later, the 5...

Forum: Currencies

October 1st, 2014, 08:51 PM

Replies: 8

What is 1 pip ( tick ) worth

Views: 7,037

Posted By Wikmar

Let me try for if (all of) you agree: pip =...

Let me try for if (all of) you agree:

pip = usual in FX.
tick = usual in futures, but it's correct if you use it in FX.

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