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Tuesday 29 May 2012

Using a Pip Calculator in Forex Trading

Among other types of tools, Forex traders can find pips calculators to be very useful, when trading currencies. These calculators are actually very simple, but they are great for all kinds of traders and can allow you to become more organized and aware of what you are doing in the Forex market. A pip, also known as a point, is simply the smallest incremental change that a particular currency pair can make.

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