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Smart Money Concepts, positioning, seasonality and session timing — written the way the terminal reads them, with the numbers behind every claim.

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Forex Basics
Oct 26, 2026 5 min read

What Is a Pip in Forex? Pip Value, Pipettes and How to Calculate It for Every Pair

A pip in forex is the standard unit of price movement: the fourth decimal on most pairs and the second on yen pairs. This guide explains what a pip is, why the yen pairs differ, what the fifth decimal (the pipette) is for, how to convert pips into money for any pair and lot size, why pip value changes with the quote currency, and how gold and indices are measured instead.

Oct 15 4 min read

Forex Lot Size Calculator: Convert Account Risk Into Trade Size

A lot size calculator answers one question — how many lots does this trade get — from three inputs: the account, the risk you accept, and the stop. This guide gives the formula, a conversion table between standard, mini and micro lots and units, worked examples for USD pairs, yen pairs, crosses and gold, the rounding and broker rules, and a one-line check you can do in your head.

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Oct 13 5 min read

Forex Position Size Calculator: Calculate Risk Before Entry

Position size is the one decision that controls how much a trade can hurt you, and it has to be made before the entry, from the stop. This guide gives the formula a forex position size calculator uses, the pip values for every kind of pair, worked examples in lots, the adjustments for gold and indices, and the mistakes that make a 1% risk turn into 4%.

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