This quiz will test how well you have learnt the lesson on: Pip and Pip value
Practice Quiz • 5 total points
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Question 1 of 5
1. Question
1 point(s)A pip in EUR/USD would be equal to:
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Question 2 of 5
2. Question
1 point(s)A drop of the value of USD/JPY from 142.35 to 140.53 would be equal to:
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Question 3 of 5
3. Question
1 point(s)The equation showing the relation of pip value, position size and pip size is:
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Question 4 of 5
4. Question
1 point(s)A pip is a unit of measurement met:
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Question 5 of 5
5. Question
1 point(s)The position size is always expressed in terms of the base currency, while the pip value is expressed always in terms of the variable currency