بسم الله الرحمن الرحيم
والحمد لله تعالى على نعمة الإسلام
Hi all,
all pairs are not equal. they are different.
reason: their prices are different.
So: their movement velocity and their pip value are different. here is the diffuclty.
we are used to trading EURUSD. we intrinsically sense its velocity. but we seldom trade or even know USDNOK!!
through D-Theory, you can feel USDNOK the same as EURUSD.
EURUSD = 1.09123
USDNOK = 9.07123
if D=1;
والحمد لله تعالى على نعمة الإسلام
Hi all,
all pairs are not equal. they are different.
reason: their prices are different.
So: their movement velocity and their pip value are different. here is the diffuclty.
we are used to trading EURUSD. we intrinsically sense its velocity. but we seldom trade or even know USDNOK!!
through D-Theory, you can feel USDNOK the same as EURUSD.
EURUSD = 1.09123
USDNOK = 9.07123
if D=1;
EURUSD = 1.09123
USDNOK = 9.07123
if D=10;
EURUSD = 1.0912 (Remove Last Digit)
USDNOK = 9.0712(Remove Last Digit)
if D=100;
EURUSD = 1.0912 (Remove Last Digit)
USDNOK = 9.071(Remove Last Two Digit)
hence EURUSD, Max D=10;
now the third decimal figure in USDNOK is the same as 4th decimal in EURSDU.
For example: their pip value are almost the same.
Conclusion:
EURUSD = 1.09123
USDNOK = 9.07123
Forex Philosopher