How much is a pip in forex

How much is a pip in forex mistaken. This question

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These supply and demand zones can be used in many market scenarios; however, this section will show you two effective yet simple trading strategies to help you use these zones as a practical tool to find profitable trades - range and breakout trading. Supply and demand zones can be helpful in trading a ranging market, as they represent levels where prices are likely to change direction.

During a ranging market, price keeps bouncing from the supply zone to the demand zone, and vice versa. In these scenarios, the best practice is to now long positions ,uch the support or demand levels and short positions how much is a pip in forex the resistance or supply levels. As the price approaches the demand zone, we can expect the market to BUY from this foerx.

Also, consider the same chart trade exchange.

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