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The last decimal place of the exchange rate, also known as "point" or "pip", generally represents a small change of one millionth, and is the basic unit in foreign exchange transactions. In most currency pairs, the last decimal place of the exchange rate is usually 0.0001, which is 1 point per pip.
Open positions refer to trading positions that have not yet been closed during the trading process. That is to say, these positions were bought or sold at a certain point in the past or current time, but there have been no liquidation operations yet.
The proportional allocation management model is a resource management model, also known as the "proportional allocation method". It is usually used to allocate limited resources (such as budget, time, or manpower) to multiple tasks or projects, where each task or project is assigned a weight or priority.
Among technical indicators, the moving average is one of the most widely used and relatively accurate indicators. It is based on Dow Jones theory and digitized to predict the direction of future stock prices in the short, medium, and long term through changes in numbers.