In trading, a ‘pip’ is a very small price movement. The term is short for ‘percentage in point’. Traditionally, a pip is essentially the smallest move that a currency could make in forex trading. It ...

Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

31 pip trading range for the day is now 61 pips. The EURUSD has moved higher in the early NY trading but is already back down. It had to do something. The day started with only a 31 pip trading range.

Last week, the EURUSD remained in a 28 pip trading range for the day. That was the lowest range since March 25th (27 pips). Before that you have to go back to November 26th, 2015 (27 pips). The point ...