Sentences with phrase «use pip values»
Not exact matches
You can also use fractional pip values for those brokers that report prices to 3 or 5 digits.
http://forexsmarttools.com/
Exit: A typical Cornflower Blue trade will run around 20 pips, but if there has been news, or it seems particularly strong, you can set your take profit for a higher pip value and just use a trailing stop to get as many pips as you can.
Click below to see a screen shot of the Forex Tester 3 working with the Forex Smart Calculator to allow you to calculate accurate position sizing for your risk profile, even using historical pip values.