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@  Shahram : (22 September 2019 - 10:20 AM) Does anyone has experience with dukastcopy?
@  Shahram : (22 September 2019 - 10:18 AM) dukascopy
@  gabrielscama... : (21 September 2019 - 12:25 PM) mt5
@  Tripack : (21 September 2019 - 12:12 PM) Heh
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@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol

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How much is a pip worth on M1?

forex pips binary options

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6 replies to this topic

#1 traderguy45

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Posted 02 July 2017 - 03:58 PM

So this is a potentially silly sounding question but in terms of Forex trading how much is a pip worth on M1? say if I opened a trade on a candle that was at 1.26936 and it ended up at closing at 1.26912 how much would I have made depending on the investment amount?



#2 s3791

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Posted 02 July 2017 - 04:25 PM

Some usufull material here

 

 https://www.babypips...ps-and-pipettes


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#3 traderguy45

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Posted 02 July 2017 - 08:47 PM

Thank you that was actually a very helpful article



#4 traderpusa

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Posted 03 July 2017 - 04:13 AM

it's a good question and many new traders struggle with it.

And in fact it is not so easy to calculate because on forex the pip value depends on your account currency, and an exchange cost

will be added by your broker.

So not only do you have commission, tax and swap cost, but also exchange rate costs.

 

I will paste here a link to an indicator that will give approximate value.

Be aware, it only works for forex and not for CFD (Dax for example).

 

https://www.mql5.com/en/code/12418


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#5 MrPorch88

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Posted 03 July 2017 - 04:33 AM

As far as I know a PIP has the same "worth" on every timeframe. How worthy is the pip depends on the lot you use. Then you should also take into account possible deductions such as: spread, commissions etc... . But the timeframe doesn't affect pip value. It's just the way you scale the chart and how you see the price moving.


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#6 MTH2014

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Posted 03 July 2017 - 04:45 AM

Some Forex pairs PIP values and how they calculate..

 

https://www.mataf.ne...tools/pip-value


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#7 traderguy45

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Posted 03 July 2017 - 12:45 PM

You guys are freaking rockstars, this is all such helpful information.


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