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Brent Oil 74.50 -0.04 -0.05% 10 Year Treasury 2.98% 2.94% Check out the graph of the average daily trading volume for the forex market, New York Stock Exchange, Tokyo Stock Exchange, and London Stock Exchange:
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So for example, we can sell 28,000 units of the GBPJPY currency pair at the rate of 156.016. Each pip movement is ¥ 280 (28,000 * 0.01). We then take our ¥ 280 per pip and change it to the base currency of our account which of course our broker does automatically.
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