This information has the power to become a nexus point in your trading journey.
A nexus point is where your destiny and opportunity collide…
For example, if the EUR/USD forex pair moves from 1.1608 to 1.1609, that is one pip of movement.
For forex pairs that contain the JPY, one pip of movement occurs at the second decimal place. If the USD/JPY moves from 109.16 to 109.15, that is one pip of movement.
For example, daily average volatility at the time of writing is 100 pips per day. The average daily movement could increase to 130 pip per day, which means each hour is likely to see slightly higher pip movement. Or average daily movement could drop to 75 pips per day.
To get the value of one pip in a currency pair, an investor has to divide one pip in decimal form (i.e., 0.0001) by the current exchange rate, and then multiply that number by the notional amount of the trade
The Result Being Your Major Breakthrough To The Trading Big Leagues.
Trade 1 – GBP/JPY Trade 2 – EUR/USD Trade 3 – EUR/AUD
Long entry at 172.50 Short entry at 1.3491 Long entry at 1.4058
Exit at 172.87 Exit at 1.3191 Exit at 1.3058
Profit/loss = +20 pips Profit/Loss = +151 pips Profit/Loss = +29 pips
Trade 4 – GBP/USD Trade 5 – USD/CAD
Long entry at 1.6077 Short entry at 1.0863
Exit at 1.6007 Exit at 1.0830
Profit/Loss = +49 pips Profit/Loss = +34 pips
You may have noticed that in all the examples above, the pip is either in the fourth or second decimal place. For example, on EUR/USD the pip is the fourth decimal, on GBP/JPY the pip is the second decimal. The fourth and second decimal place are the standard in Forex. Virtually every pair you trade will have the pip as either the fourth or second decimal.
Everyone wants to experience that a-ha moment where you transition from being a losing trader into a winning trader.
Michael Nurok is going to show you how YOU can become that person.
This Is Cutting Edge Information And a Proven Strategy That’s Working Today… You Cannot Afford To Miss This.
Watch The Video Here And Download The Accompanying Secret Reports:
A LONG TERM realistic money goal. The most critical aspect of trading, and the one that many traders overlook. Instead, they focus on the short term goals-daily, weekly, monthly, and not about where they should be in a year or five years down the road. Having a longer term goal also helps keeps trader focused on the prize, not the day to day ups and downs. Goal setting goes hand in hand with trade planning and strategy design
P.S. This free training will only be up for a limited time. This is how new money can start making consistent returns for you today.
Go And Click The Link Below For This Amazing Strategy And Earn At Good
This is your wake up call: