How much is the value per Pip movement (Point)?
For Forex Trading against the USDollar, there are two main kinds of currency commonly traded the same Direct and Indirect.
Example:-Direct: GBP/USD, EUR/USD, AUD/USD, etc. (../USD.)-Indirect: USD/JPY, USD/CHF, etc. (USD/....)
The value Per Pip him: For currencies Direct: Per pointnya is worth $ 10 (for a total of 1 lot of regular use), while for the use of 0.2 lot value is $ 2 per Pipnya, and if you're 15 points profit in EUR/USD with the use of 0.1 lot it means = profit $ 15
For the Indirect currency: Per pointnya worth about $ 7 to $ 9 depending on the kursnya at the time (for the use of as many as 1 lot), while for the use of 0.2 lot values range from $ 1.4 to $ 1.8 per Pipnya, and if you're 15 points profit in USD/JPY with the use of 0.1 lot = it means a profit of about $ 12
How to calculate Profit and Loss we:
Example: Suppose we start trading Forex with an initial capital of US $ 5000, then how to count our transactions are:
For currencies Direct: suppose we trade with capital $ 5000 in as much as 1 lot regular (or quantity contract sizenya $ 100,000) and we did Buy the EUR/USD at 1.2000 and then to diclose take profit at 1.2010 position, then we will profit rate: (1.2010-1.2000) x 100,000 x 1 lot = $ 100 (profit) or vice versa if the loss is also the same count
Currency: e.g. Indirect trade with capital of us $ 5000 in as much as 1 lot regular (or quantity contract sizenya $ 100,000) and we Sell on USD/JPY at 110.10 and position then diclose to take profit at 65.00 position, then we will profit rate: ((110.10-65.00) x 1 lot x 100000)/position close = 65.00 $ 90.91 (profit) or vice versa if the loss is also the same count.
Note: you can follow our Forex Seminar to find out more details and details
I don't have enough money to buy a 10,000 EURO, how?
In a modern type of Forex Trading we are known by the term Margin (collateral), which is the point of margin is like your leverage or Leverage.
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