1 contract = say 110jpy yen or $1.00 USD,
A pip is just the tiny movement.
So if you have 1contract valued at $1.oo USD and it move one tiny pip that is one movement you ave earned $1.00 USD.
If you have 20.00 contract that is $20.00USD when it moves 1 pip or a teensy tic
So If your trade moves 10 pips you have earned 200.00USD
pip versus point?? Depends on how many numbers are after decimal point. Anyway hope thos pips of info help. It is hard