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Forex question What are pips for?
avatar Catkathy
Question by: Joseph - 18 Mar 2016, 09:03:11
What are pips for?
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Answers (1)
avatar user 8879
Answer by: Samanthar - 18 Mar 2016, 09:07:24

In the trading terminal, the trading distance for predefined orders is specified in pips, but not in ticks compared to current quotes. Therefore, ticks are applied when predefined orders are placed.

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