Rest assured that I know the difference between a point and a pip.AxlRod wrote: Fri Jun 12, 2020 8:18 am
That's definitely correct from Babypips. But for clarification, no offense meant Bro, allow me to correct u in regards with the measurement of pips reward base from ur chart u've posted. Also for learning recap, here's the FOREX BASICS 101: HOW TO MEASURE PIPS ON CHARTS IN EASY METHOD. Hope u'll be enlightened!
Notice what I saw in your post:
Oh, someone has been found who says that the logical distance that each chart reader knows, is 1400 pips.
He probably meant 140 pips. Oh my God, but that's not more than 88 pips. That is to say, in his own language, 885 pips. On the other hand, I don't know exactly where that indicator is calculated.