What is Pip?

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If you are new to forex you probably wonder what pip or rather Percentage In Point is. You may visit Everything about Pip for more information about the concept of pip and its calculations.

I have written an article and also developed an Expert Advisor for MetaTrader 4 that could help those who are new in Forex have a better understanding of this concept.

If you are a seasoned trader you may also find these useful.