The financial price of Every single pip is dependent upon 3 variables: the currency pair remaining traded, the size in the trade, plus the exchange price. According to these things the fluctuation of even only one pip can have a big impact on the value with the open up placement.
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Most pairs go out to 4 decimal spots, but there are numerous exceptions like Japanese Yen pairs (they go out to two decimal sites).
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When the forex you are changing to would be the counter forex with the exchange price, all You need to do is divide the “discovered pip benefit” because of the corresponding exchange rate ratio:
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