a unit used to measure the price movement of a financial instrument, typically 0.0001 for most currency pairs. For instance, if the price shifts from 1.30000 to 1.30010, the change is 1 pip. Note that a pip is larger than a point, with 1 pip equal to 10 points.
Pips
Learning
May 20
8 min read
Learn More About CoT Reports: Leveraging Them in Your Trading Strategy
In trading, being ahead of the market is everything, and perhaps one of the most helpful instruments available to traders is the Commitment of Traders report. Every week, the report provides a thoroug...
