Home » Forex » If the EUR/USD pair is trading 1.2502 ask by 1.2500 bid, what is the spread in pips?

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1. 

   10-7-11

   Ian says:

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2. 

   10-7-11

   Drag1 says:

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3. 

   10-7-11

   Marvin Capage says:

   Hi Jana,

   I’d be glad to help you out =)

   For every 0.0001 point difference, you get 1 pip (it it is quoted in 4 decimal points). if you are trading JPY, 1 pip = 0.01 since it has a 2 point decimal quotes

   that’s where they got the 2 pip points. So now you can compute it yourself of you can use a software calculator for that (especially if you’ll be trading in bulk).

   I can see that you’re a newbie. Welcome! I hope you wont be a part of the 85% who fail because they’re trading without knowledge (like gambling).

   Here’s some forums where you can ask questions or read some answers from expert traders (helping newbies like you)

   http://forexforums.dailyfx.com/forum/
   http://forums.babypips.com/

   You can then register for a free account here: http://forexvps24.com/
   and trade without any money involve. Don’t get into something without much knowledge.

   Good luck!

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4. 

   10-7-11

   mammy says:

   You can learn more tips of forex here

   http://www.makemoneyforextrading.org

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