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Question: calculate the number of pips entry price 144.830 and stop level 144.193
Asked by Javoh
To calculate the number of pips between the entry price and the stop level, follow these steps: 1. Subtract the stop level from the entry price: 144.830 - 144.193 = 0.637 2. Since you are dealing with a currency pair involving the Japanese yen (JPY), which is typically quoted to three decimal places, multiply the result by 1,000 to convert the price movement into pips: 0.637 * 1,000 = 637 pips. Therefore, the number of pips between the entry price of 144.830 and the stop level of 144.193 is 637 pips.
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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user Javoh's question. Images were generated with OpenAI's AI model, DALL·E 3. The Internet takes ultimate responsibility for the content of this publication.
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