How To Calculate Pip Value

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

  1. Qu|cksilver

    Qu|cksilver

    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?
     
    #1     Oct 19, 2008
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  2. pabmove

    pabmove

    depends if you're buying or selling, then calculate from there.
     
    #2     Oct 19, 2008
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  3. cabletrader

    cabletrader

    Come on guys, be serious :D

    Try this
     
    #3     Oct 19, 2008
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  4. Yacob Hassan

    Yacob Hassan

    i have a simple template for this.
    just change the price and lot size only.
     
    #4     Oct 19, 2008
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