Welcome to episode 17 of the Forex Answers podcast. If you are new to Forex trading, this is a great resource for you to start learning about Forex. Each episode is going to cover one brand new question. And our podcast is 7 days a week.
We just want to take this time to thank you all for helping this show take off. And hopefully we can provide you with valuable content in each and every episode.
In today's episode, we outline what a Forex pip is. You might be surprised at how people still get confused looking at what pips are.
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Enjoy the show...
IN THIS Episode:
What is a pip
How knowing how to accurately read pip movement is significantly important
What pip really stands for
- An example with the Eur/Usd
A real life example of how pips can be difficult to understand if not giving it full attention
- Why some blame in reading pips should go to Forex brokers
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Forex Answers Episode 4 - The episode where I share my personal story and how/what products were great to learn Forex trading
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