ilmscore | Prediction Details
"so you're telling your broker I want 1,000 units of the euro and they're telling you if you want 1,000 units of the euro we're gonna charge you one thousand and eighty dollars and then you say okay I'm fine with that you exchange it you hold that one thousand euros until the price rises by a hundred pips and when it does you were saying one thousand euros is now worth one thousand and ninety dollars because of that rise in price"
By The Trading Channel (The Trading Channel) | April 2, 2020 | Pending
From video
Forex: How To Calculate The Value Of A Pip (Beginners Must Learn This First) 00:15:14 - 00:15:45
Interpreted Prediction
Buying 1,000 EUR/USD at 1.0802 costs $1,080.20. A 100 pip increase to 1.0902 makes the 1,000 EUR worth $1,090.20, a $10 profit.

Prediction Details

Topic
Forex Trading Calculations

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