Assalamu Alaikum dear members
What is Pips & Micro Pips
"Pips stand for Percentage in point" jesy k ap janty hain k world war 1995 countries hain aur hr country ki apni curency hoti hai to jitni b countries hain un ki curency ma decimal point k bd digit zurar hoty hain kuch countries ma decimal point k bd 4 digit hoty hain kuch ma 2 digits hoty hain for example as pakistani agr hum apni curency ko dekhen to pakistani curency ma decimal points k bd 2 digits hain to iss ko bilkul agr me basic se samjhany ki koshish kron to pakistani 1 rupees ma 100 paisa hoty hain 100 paison se mill k 1 rupees banta hai mtlb agr pakistani curency ma 1.50 likha ho to ye banta hai 1 rupess & fifty paisa aur agar isi thra hum dollar ki baat kren to 100 cent mila kr 1 dollar banta hai aur dollar ma b 1.50 dollar likha ho to uss ma b decimal point k bd wali value count ki jati hai jiko cents khty hain isi thra agar dekha jaye aur baki countries ki curencies ko to hr decimal point k bd anny wali amount ko yaad krny bath jayen to bht problem ho jayegi iss liye forex ma asani k liye iss ko forex ki zuban ma Pips kha jata hai ''
How to calculate pips
for example GBP/USD pair hai apke pass hai me koshish krta hon apko baat sahi thra se samjhany ki k acctucally pips count kis thra se hoty hain aik pair apke pass hai GBP/USD aue isski value uss time ho market ma $1.35361 GBP & secend $1.35371 USD ki to ap hamesha ap apne mind ma aik bat rakh len k decimal point k 4th digit k bd pips counting start hoti hai jaisa k me ne ap ko upar for example ma aik value di hai to iss k mutabik agar baat kren to pips jaisa k 4th digit se start hota hai aur micro pip 5th digit se lekin iss time hum pip ki baat kr rhy hai agar GBP ki value dekhi jaye to 1.35361 & USD 1.35371 hai to ap dekh sakty hain k point ka difference a rha hai dono figures ma in after decimal point ka 4th digit aik ma 6 aik ma 7 arha hai to jaisy he 7 se 6 pr value ati hai 6 se 7 pr value jati hai to yahan pr 1 pip ka difference ata hai iss ka mtlb hai k curency ma 1 pip ki movement hui hai lekin jaisy he decimal mpoint k badd agr 3rd digit ma movement ho for example 3 ki jagha 4 ajaye ya 3 ki jagha 2 ajaye to phr hum kahenge k 10 pips ki movement hui hai aur issi thra aur 2nd digit change ho to 100 pip ki movement hui hai
What is Pips & Micro Pips
"Pips stand for Percentage in point" jesy k ap janty hain k world war 1995 countries hain aur hr country ki apni curency hoti hai to jitni b countries hain un ki curency ma decimal point k bd digit zurar hoty hain kuch countries ma decimal point k bd 4 digit hoty hain kuch ma 2 digits hoty hain for example as pakistani agr hum apni curency ko dekhen to pakistani curency ma decimal points k bd 2 digits hain to iss ko bilkul agr me basic se samjhany ki koshish kron to pakistani 1 rupees ma 100 paisa hoty hain 100 paison se mill k 1 rupees banta hai mtlb agr pakistani curency ma 1.50 likha ho to ye banta hai 1 rupess & fifty paisa aur agar isi thra hum dollar ki baat kren to 100 cent mila kr 1 dollar banta hai aur dollar ma b 1.50 dollar likha ho to uss ma b decimal point k bd wali value count ki jati hai jiko cents khty hain isi thra agar dekha jaye aur baki countries ki curencies ko to hr decimal point k bd anny wali amount ko yaad krny bath jayen to bht problem ho jayegi iss liye forex ma asani k liye iss ko forex ki zuban ma Pips kha jata hai ''
How to calculate pips
for example GBP/USD pair hai apke pass hai me koshish krta hon apko baat sahi thra se samjhany ki k acctucally pips count kis thra se hoty hain aik pair apke pass hai GBP/USD aue isski value uss time ho market ma $1.35361 GBP & secend $1.35371 USD ki to ap hamesha ap apne mind ma aik bat rakh len k decimal point k 4th digit k bd pips counting start hoti hai jaisa k me ne ap ko upar for example ma aik value di hai to iss k mutabik agar baat kren to pips jaisa k 4th digit se start hota hai aur micro pip 5th digit se lekin iss time hum pip ki baat kr rhy hai agar GBP ki value dekhi jaye to 1.35361 & USD 1.35371 hai to ap dekh sakty hain k point ka difference a rha hai dono figures ma in after decimal point ka 4th digit aik ma 6 aik ma 7 arha hai to jaisy he 7 se 6 pr value ati hai 6 se 7 pr value jati hai to yahan pr 1 pip ka difference ata hai iss ka mtlb hai k curency ma 1 pip ki movement hui hai lekin jaisy he decimal mpoint k badd agr 3rd digit ma movement ho for example 3 ki jagha 4 ajaye ya 3 ki jagha 2 ajaye to phr hum kahenge k 10 pips ki movement hui hai aur issi thra aur 2nd digit change ho to 100 pip ki movement hui hai
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