How do I calculate 1 pip value in currency trading?

Last Updated on Saturday, 20 December 2008 10:43 Written by Gary.L Thursday, 18 December 2008 09:20

chadbonin1 asked:

Specifically for the Austria Schilling/USD cross currency pair

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Tags: Currency Trading, Pip, Schilling

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2 Comments

cha_choy | Sunday, 21 December 2008 at 10:57 am
you can find your answer here. It is great trading platform

Good Luck
flying_eagle | Monday, 22 December 2008 at 12:25 am
A pip is a hundredth of a cent. So if there are 100 cents in a schilling, a pip is 0.01 cents of the schilling.

Good luck!

How do I calculate 1 pip value in currency trading?

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