Lesson 1, Topic 6
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PIPS and POINTS

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Pips  AUDUSD FROM 0.63150—>0.63140  1 PIP

Points– AUDUSD FROM 0.63150—>0.63140        0.63145 is  5 Points very simple

  • USDJPY is at 104.500 drops too 104.000 that is a 500 pip move (5,000 points)
  • USDJPY is at 104.500 drops too 103.500 that is a 1000 pip move (10,000 points)