A pip is a unit of measurement for price movements of currencies in foreign exchange markets. The term “pip” stands for “percentage in point” or “pric ...

Like equity options, forex traders can combine several options ... an in the money put option): 1 contract February 1.0200 @ 120 pips Profit potential for this trade is infinite.

My previous AUD/USD signal on Tuesday last week produced a nicely profitable short trade from the bearish reversal at the ...

Like many areas of finance, forex trading has its own lingo. Key terms to know include spot trading, currency pairs, lots, leverage and pips. Spot trades are transactions in which the buyer ...