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How to calculate a pip value in gold or xauusd pair #forextrading #hindi
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Pips are used in forex trading to measure the smallest price change in a currency pair. The value of a pip can vary based on the currency pair being traded and the size of the trade.
To calculate the pip value in the XAU/USD pair, you first need to determine the pip size. In this case, one pip is equal to 0.01. Next, you need to determine the quantity of the trade. A standard lot size is equal to 100 ounces of gold.
Once you have these values, you can calculate the pip value by multiplying the pip size by the quantity.
#forex #trading #forextrading #hindi
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Disclaimer:- Forex trading is a risky and speculative activity and can result in financial losses. The information provided in the video is for educational and informational purposes only and should not be considered as investment advice.
To calculate the pip value in the XAU/USD pair, you first need to determine the pip size. In this case, one pip is equal to 0.01. Next, you need to determine the quantity of the trade. A standard lot size is equal to 100 ounces of gold.
Once you have these values, you can calculate the pip value by multiplying the pip size by the quantity.
#forex #trading #forextrading #hindi
Connect to Forex Degree:
Disclaimer:- Forex trading is a risky and speculative activity and can result in financial losses. The information provided in the video is for educational and informational purposes only and should not be considered as investment advice.
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