The phrase "few pips" refers to a small amount of movement or change in the prices of financial instruments, especially in the foreign exchange market. It represents a tiny fluctuation in the exchange rate, typically measured in decimal points.
Sentences with «few pips»
Buy stop pending order should be few pips above the high of the first inside bar. (priceactiontracker.com)
Sell stop pending order should be few pips under the low of the first inside bar. (priceactiontracker.com)
Most traders enter the trade few pips away from the close of the Outside bar and aim for a target 1 time the range of the outside bar same colour. (priceactiontracker.com)