The full bar represents the currency pair's complete trading variety as well as horizontal marks on the sides reveal the opening (left) and the closing prices (suitable). Line charte. several pips) can quickly add nearly a substantial profit. Of course, such significant trading volumes signify a small spread may also equate to significant losses. T… Read More

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That is a result of the truth that you need to convert pip value into your accounting currency to check it with the pip value of your other positions. In practice, this means that the numerical pip value for the trade in EUR/GBP, for example, will commonly be higher than for pairs with the U.S. dollar as the base currency since the pound sterling (… Read More