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Forums    February 9, 2012
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Pip Value - Data Universe
Last Post 10-27-2007 11:19 PM by mur ang. 1 Replies.
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Adam Stocks
New Member
New Member
Posts:4

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10-27-2007 09:59 PM
    Please explain the pip value entry in the data universe for Forex pairs.  Is this the pip value in USD or ???  For example, the current pip value for AUD/JPY is 0.88 USD.  Do I enter 0.88?
    mur ang
    Advanced Member
    Advanced Member
    Posts:525

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    10-27-2007 11:19 PM

    Pip value is min move , so it the currency is quoted in .0001 then pip size is .0001 and pip value depends on contract size if it 100,000 Euro for example then .00001=1 Euro.

     

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