Points VS Pips - page 87

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Vladimir Baskakov:
Here is a reliable source of normal information:
1 pip is the smallest executablechange of 1 decimal (0.0001) for four-digit quotes and 1 hundredth (0.01) for two-digit quotes.

1 pip is the smallest availableprice change of 1 hundred thousandth (0.00001) for five-digit quotes and 1 thousandth (0.001) for three-digit quotes.

From the definition of pips and pips, it follows thatone pip is made up often pips.

  1. What does "reliable" yet anonymous source mean?
  2. For whom is it "reliable"?
  3. "Reliable" just because it fits your beliefs?
  4. And anyway, don't break our Friday night truce!
 
Сергей Таболин:

  1. What does "reliable" yet anonymous source mean?
  2. For whom is it "reliable"?
  3. "Reliable" just because it fits your beliefs?
  4. Anyway, don't break our Friday night truce!
Sorry, I was wrong, but it's Friday.
 
Vladimir Baskakov:
Here is a reliable source of normal information:
1 pip is the minimum availableprice change of 1 decimal (0.0001) for four-digit quotes and 1 hundredth (0.01) for two-digit quotes.

1 pip is the smallest availableprice change of 1 hundred thousandth (0.00001) for five-digit quotes and 1 thousandth (0.001) for three-digit quotes.

From the definition of pips and pips, it follows thatone pip is made up often pips.

ABSOLUTELY TRUE. and it's been discussed here many times!!! :-)

PYSU OIL - to the fire!!!!!!!!!!!!!!!!!!!!!

 
Roman Shiredchenko:

ABSOLUTELY TRUE. and it's been discussed here many times!!! :-)

PYSSY OIL into the fire!!!!!!!!!!!!!!!!!!!!!

The English wiki says otherwise. Where then is it absolutely true and where is it more absolute?

 
Artyom Trishkin:

The English wiki says otherwise. Where then is it absolutely true and where is it more absolute?

If it's not too much trouble, post the English wiki...

PPSS I know for sure that there will be no six-digit quotation - that's for different questions and interpretations here in terms of - millipips - their presence. To wit.

 
Roman Shiredchenko:

ABSOLUTELY TRUE. and it's been discussed here many times!!! :-)

PYSSY OIL into the fire!!!!!!!!!!!!!!!!!!!!!

My arguments are over. And the Pipsoids have provided plenty of evidence.
 
Roman Shiredchenko:

If it's not too much trouble, post the English wiki...

PPSS I know for sure that there will be no six-digit quotation - that's for different questions and interpretations here in terms of - millipips - their presence. To wit.

https://en.wikipedia.org/wiki/Percentage_in_point:

In finance, specifically in foreign exchange markets, a percentage in point or price interest point(pip) is a unit of change in an exchange rate of a currency pair.

The major currencies (except the Japanese yen) are traditionally priced to four decimal places, and a pip is one unit of the fourth decimal point: for dollar currencies this is to 1/100th of a cent. For the yen, a pip is one unit of the second decimal point, because the yen is much closer in value to one hundredth of other major currencies
Percentage in point - Wikipedia
  • en.wikipedia.org
The major currencies (except the Japanese yen) are traditionally priced to four decimal places, and a pip is one unit of the fourth decimal point: for dollar currencies this is to 1/100th of a cent. For the yen, a pip is one unit of the second decimal point, because the yen is much closer in value to one hundredth of other major currencies.[1]...
 
Roman Shiredchenko:

If it's not too much trouble, post the English wiki...

PPSS I know for sure that there will be no six-digit quotation - that's for different questions and interpretations here in terms of - millipips - their presence. To wit.

Anglos say pip at 0.0001.
Russo touristo say a point at 0.0001.
Mexicano español users say pips at 0.00001.

*Programmers say point.
But a point is a point.
 
Aren't you sick of it yourself? 87 pages of nonsense. In context, in 90% of cases the meaning of the term used is clear, and in the remaining 10, as if you can clarify it, no one will falter.
Well there is no clear, unambiguous definition of a pip/item.
Anyway, as the English-speaking brethren write in such cases: lol
 
Vladimir Simakov:
Aren't you sick of it? 87 pages of nonsense. In context, 90% of the time the meaning of the term applied is clear, and in the remaining 10, you can kind of clarify it, no one will break.
Well there is no clear, unambiguous definition of a pip/item.
Anyway, as the English-speaking brethren write in such cases: lol

well... the target is 100 pages long)


Artyom Trishkin:

https://en.wikipedia.org/wiki/Percentage_in_point:

there, the phrase about fractional pips is also noteworthy:

Fractional pips

Electronic trading platforms have brought greater price transparency and price competition to the foreign exchange markets. Several trading platforms have extended the quote precision for most of the major currency pairs by an additional decimal point; the rates are displayed in 1/10 pip.

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