How To Calculate Pip Value

Discussion in 'Forex Trading' started by Qu|cksilver, Oct 19, 2008.

  1. I learn from other website, to calculate pip value e.g for GBP/JPY

    (0.01/CURRENT PRICE)*CONTRACT SIZE= AMOUNT PER PIP

    What does the "CURRENT PRICE" refer to? BID price or ASK price?
     
  2. pabmove

    pabmove

    depends if you're buying or selling, then calculate from there.
     
  3. Come on guys, be serious :D

    Try this
     
  4. i have a simple template for this.
    just change the price and lot size only.