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Practice tool

The distance in the third box came off a picture · Taiwan

Two figures below are settled before any chart opens. The third is a reading, taken on one screen at one moment — and the size printed is only as sound as that reading.

The pip figure in the third box is not a setting — somebody measured it on a chart. What follows is division, and division is obedient: a distance read off the wrong picture still returns a tidy trade size.

Ceiling in money$1.00
Size under it — Standard—
The same trade — Standard Cent—

The rows assume a dollar-quoted pair such as EUR/USD, where one pip on a full lot is worth $10; other instruments differ. The platform — MetaTrader or the Exness Terminal — states the exact pip value, margin and costs before an order is confirmed. A learning tool, not advice.

Two settled figures, one that had to be read

The box Where its figure comes from
Money held The account line, off the picture entirely
Share one trade may cost A rule settled away from the screen
Distance to the far end Two heights on the price edge of one picture

Only the bottom row is a measurement, and measurements travel badly: the number arrives, the picture stays behind. The words sit in the word list, the units in account types.

What the printed size never learns

  • Which instrument was on screen. The rows price a dollar-quoted pair; measure something else and the pip is worth something else.
  • When the reading was taken. A chart keeps being drawn after somebody looks away.

The check done with the eyes

  1. Name the picture

    Say the instrument and timeframe out loud before typing. Counted on one timeframe and typed under another, a distance is two readings.

  2. Count it back onto the price edge

    Step the pips back from entry. Landing where the reading meant, the number is honest; landing elsewhere, it came from another picture.

  3. Only then read the size rows

    Read them first and the distance gets nudged until the answer pleases.

The arithmetic cannot be wrong. The reading can.

Every figure above is three numbers divided, and division makes no mistakes. What goes astray sits upstream, where somebody read a chart and settled on a distance — practice that on a demo account.

A measured distance describes what is already drawn; it says nothing about what price does next. This site is an independent guide, not a broker — no accounts opened, no money held, no documents taken.

Questions about where the number came from

Which of the three boxes holds an actual measurement?

The third. The other two are known before a chart opens.

The gap was counted on one timeframe, typed under another. Does that matter?

Two different pictures. Count again on the one on screen.

The last shape was still forming. Does the reading count?

Not yet — an unfinished shape gives an unfinished distance.

Counting the pips back from entry lands elsewhere. Why?

A misread height, a stray decimal, or yesterday's distance.

Can I judge the gap by how tall it looks?

No — height changes with the zoom. Only the price edge answers.

An hour passed between reading and typing. Is it stale?

Possibly, and nothing here can tell that it has aged.

What if the pair is not dollar-quoted?

Then the $10 a pip stops applying, and both size rows with it.

Why does nothing here ask when the reading was taken?

It divides three numbers. Provenance stays outside.

The division was flawless. Can the answer still be wrong?

Easily — a tidy figure is no proof of a tidy reading.

Where the reading is learned

Choosing the far end

How the far end gets picked.

Where a stop-loss belongs

Saying the picture out loud

The description a measurement sits in.

Describe one chart

The first measured trade

Where a reading becomes an order.

Place one small trade

Take a reading where a poor one costs nothing.

A free demo puts the same charts on screen with virtual money, nothing deposited.

Open a free demo at Exness