So, you hear it all the times, but you have no idea what forex pips are?

Forex pips are basically the smallest possible price increment that you see when trading currencies. They are also known currency points. When represented in numerical value, a forex pip is equal to 0.0001 of one unit of the currency exchange rate of EUR/USD.

Furthermore, I am writing this post just to test out whether I can rank for any of the forex words. This time i chose forex pips as my main tester. If you came to this website from a search engine, then it means that my experiment was successful.

Now, since you know what forex pips are, you should be ready to start some trading and make some money. Last two days I made USD39,775 because I shorted EUR against the USD, and it fell for almost 400 pips. This was one of my best moves ever done in the currency exchange business.