I notice that when I exchange with all the USDPLN currency pair, there are a lot of pips in a short time of trading. Is this right? And if so, can someone explain how and why? And if not, how should I count the pips on this pair?
Thanks
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I notice that when I exchange with all the USDPLN currency pair, there are a lot of pips in a short time of trading. Is this right? And if so, can someone explain how and why? And if not, how should I count the pips on this pair?
Thanks
That's because, spread remains very high in this pair due to less liquidity inside this pair. Its one of those minor pairs. So as disperse is high so if any fluctuation or movement occurs, it occurs at high pips.
The profit margin will be calculated in PLN. That you have to convert into usd
As explained previously, USDPLN is traded pair with low liquidity which causes larger spreads, and sharper movements.
You've got numerous free technical tools who calculate pips; you can use some of these! Incidentally, I calculate my TP and SL by using the scrollbar of my mt4 trading platform.
The spread around U/Pln is very big, around 20 pips through times of bandwidth. Are you factoring that in?Quote:
Originally Posted by ;