Recent content by kew17
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K
Pip Cost
Jason Thank you for your explanation of pip value. It is very clear. To round off, what I had tried to say earlier is that, for each pip change in the exchange value of a currency pair, more GBP profit (or loss) is made from the pip change in the EURGBP currency pair. Unfortunately, the pip...- kew17
- Post #5
- Forum: First Steps in Trading
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K
Pip Cost
Hi Jason Thank you for the welcome. I have read that you are the FXCM guru on Trade2Win and so far your response has been a ray of sunshine. However, I need more sunshine to get a fuller understanding of what is happening in the forex market. A search of Google, Investopaedia, and brokers...- kew17
- Post #3
- Forum: First Steps in Trading
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K
Pip Cost
Account charges levied by a broker are a very important factor to consider especially when trend runs in the short term are of the order of 5-10 pips. I have a GBP account using the NinjaTrader platform with FXCM who, to their credit, have separated their commission charges from spreads...- kew17
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- Replies: 6
- Forum: First Steps in Trading