(MENAFN- Daily Forex) A pip, short for percentage in point, is a Forex term that refers to the fourth decimal in all currency pairs , except for Japanese Yen currency pairs, where a pip refers to the ...

Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...

One of the important steps when day trading, is deciding how big your position should be. Position size is a function of leverage and while trading a large position may multiply a win, it can ...

It’s important to understand what currency pair price movements mean for your open foreign exchange (forex) positions. Explore what a pip is in forex trading. Start trading today. For account opening ...