If the EUR/USD pair is trading 1.2502 ask by 1.2500 bid, what is the spread in pips?

Thursday, January 2, 2014 , Posted by Ryanita at 3:00 PM

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 on Forex Trading Online - Swiss Forex Broker - MIG Bank
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Jana F


I am learning Forex, can anyone help me with this question? Thanks!


Answer
Hi Jana,

I'd be glad to help you out =)

For every 0.0001 point difference, you get 1 pip (it it is quoted in 4 decimal points). if you are trading JPY, 1 pip = 0.01 since it has a 2 point decimal quotes

that's where they got the 2 pip points. So now you can compute it yourself of you can use a software calculator for that (especially if you'll be trading in bulk).

I can see that you're a newbie. Welcome! I hope you wont be a part of the 85% who fail because they're trading without knowledge (like gambling).

Here's some forums where you can ask questions or read some answers from expert traders (helping newbies like you)

http://forexforums.dailyfx.com/forum/
http://forums.babypips.com/

You can then register for a free account here: http://forexvps24.com/
and trade without any money involve. Don't get into something without much knowledge.

Good luck!

Find the change in cost C for the given marginal. Assume that the number of units x increases by 1 from the?




imawesome


specified value of x.
click on the link for rest of problem. thanks.
http://oi48.tinypic.com/msluvk.jpg



Answer
This is not a question. Is still a post sent by post?

I saw it is talking about Forex value of 1 pip. It depends on how much you traded. Some brokers in TrustedForexBrokers.com provide pip calculator. You can use it to find out the cost change.




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