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(PDF) How To Calculate Pips On Gold

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2K views12 pages

(PDF) How To Calculate Pips On Gold

Uploaded by

Idahosa Bright
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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HOW TO CALCULATE

PIPS
ON

GOLD
WHAT IS A PIPETTE
• A PIPETTE REPRESENTS THE FRACTIONAL OF A PIP, AND HAS A VALUE
OF 1/10 OF A PIP.

WHAT IS A PIP
• A PIP IS THE UNIT OF MEASUREMENT TO EXPRESS THE CHANGE IN
VALUE BETWEEN TWO CURRENCIES.
PIPETTE EXAMPLE:
• If XAU/USD moves from 1890.50 to 1890.51, that .01 USD rise in
value is ONE PIPETTE.
• If XAU/USD moves from 1890.50 to 1890.52, that .02 USD rise in
value is TWO PIPETTE.
• If XAU/USD moves from 1890.50 to 1890.53, that .03 USD rise in
value is THREE PIPETTE.
• If XAU/USD moves from 1890.50 to 1890.54, that .04 USD rise in
value is FOUR PIPETTE.
• AND SO ON……
PIP EXAMPLE:
• If XAU/USD moves from 1890.00 to 1890.10, that .10 USD rise in
value is ONE PIP.
• If XAU/USD moves from 1890.00 to 1890.20, that .20 USD rise in
value is TWO PIPS.
• If XAU/USD moves from 1890.00 to 1890.30, that .30 USD rise in
value is THREE PIPS.
• If XAU/USD moves from 1890.00 to 1890.40, that .40 USD rise in
value is FOUR PIP.
• AND SO ON….
HOW MANY PIPETTE MAKES 1
PIP?
• 10 PIPETTE MAKES 1 PIP.

EXAMPLE:
• LET’S COUNT: 1890.01 = 1 PIPETTE
1890.02 = 2 PIPETTE
1890.03 = 3 PIPETTE
1890.04 = 4 PIPETTE
1890.05 = 5 PIPETTE
1890.06 = 6 PIPETTE
1890.07 = 7 PIPETTE
1890.08 = 8 PIPETTE
1890.09 = 9 PIPETTE
1890.10 = 1 PIP
HOW TO CALCULATE PIPS ON
GOLD
EXAMPLE:
LET’S COUNT:
1890.10 = 1 PIP
1890.20 = 2 PIPS
1890.30 = 3 PIPS
1890.40 = 4 PIPS
1890.50 = 5 PIPS
1890.60 = 6 PIPS
1890.70 = 7 PIPS
1890.80 = 8 PIPS
1890.90 = 9 PIPS
1891.00 = 10 PIPS
HOW TO CALCULATE PIPS ON
GOLD
EXAMPLE 2:
LET’S COUNT:
1801.00 = 10 PIPS
1802.00 = 20 PIPS
1803.00 = 30 PIPS
1804.00 = 40 PIPS
1805.00 = 50 PIPS
1806.00 = 60 PIPS
1807.00 = 70 PIPS
1808.00 = 80 PIPS
1809.00 = 90 PIPS
1810.00 = 100 PIPS
MORE EXAMPLES
• LET’S SAY WE WANT TO BUY(LONG) GOLD
• CURRENT MARKET PRICE/VALUE ON GOLD = 1865.60
• TAKE PROFIT (TP) = 1875.60
• STOP LOSS (SL) = 1862.60

STOP LOSS PIPS


• The calculation will be done using subtraction..
• CURRENT PRICE - 1865.60
• STOP LOSS - 1862.60
• TOTAL SL PIPS - 0003.00 = 30 PIPS SL
CONTINUATION…

TAKE PROFIT PIPS


• The calculation will be done using subtraction..
• TAKE PROFIT - 1875.60
• CURRENT PRICE - 1865.60
• TOTAL TP PIPS - 0010.00 = 100 PIPS TP
MORE EXAMPLES
• LET’S SAY WE WANT TO SELL (SHORT) GOLD
• CURRENT MARKET PRICE/VALUE ON GOLD = 1865.60
• TAKE PROFIT (TP) = 1855.60
• STOP LOSS (SL) = 1868.60

STOP LOSS PIPS


• The calculation will be done using subtraction..
• STOP LOSS - 1868.60
• CURRENT PRICE - 1865.60
• TOTAL SL PIPS - 0003.00 = 30 PIPS SL
CONTINUATION…

TAKE PROFIT PIPS


• The calculation will be done using subtraction..
• CURRENT PRICE - 1865.60
• TAKE PROFIT - 1855.60
• TOTAL TP PIPS - 0010.00 = 100 PIPS TP
IF YOU HAVE ANY QUESTIONS
Just drop me a message on INSTAGRAM @Samueltochi_ng

DON’T FORGET TO FOLLOW ME ON IG @Samueltochi_ng


And SUBSCRIBE TO MY YOUTUBE CHANNEL –
Youtube.com/c/samueltochi

FOR MORE INFORMATION


Visit: www.samueltochi.com.ng

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