Wh?t ?r? *PIPS* ? Currencies ?r? traded ?n ? price/ point (pip) system. E??h currency pair h?? ?t? ?wn pip value. Wh?n ??u ??? ? FOREX price quote, you'll ??? ??m?th?ng listed l?k? this: EUR/USD 1.2210/13 Explanation: a) If ??u w?nt t? BUY th? EUR/USD ( meaning ??u BUY EUROS ?nd SELL US$ ) ??u buy 100,000 EUROS ?nd ??u SELL 122,130 US$, ?r ?n ?th?r words ??u receive
122,130 US$ f?r 100,000 EUROS. B) If ??u w?nt t? SELL th? EUR/USD ( meaning ??u SELL EUROS ...
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