How to calculate both really benefited or lost in a transaction
Forex trading, as we all know, consists of the buying and selling of currency pairs to earn a profit margin or our transaction. But how to calculate both really benefited or lost in a transaction? Here I want to tell you a simple way to calculate what wins or loses a particular open position.
Let us take an example to show how to calculate expected returns forex trading. Suppose the current price to ask / demand for the currency pair EUR / USD is 2.3240/45. Because of the statement, we believe that with a euro can buy $ 2.3245, and also means that the sale will receive a € can receive $ 2.3240. Suppose you're buying euros and go ahead and do this business. You buy Euro 1,000,000 to $ 2,324,500 in cash and wait for the value of the euro to appreciate.
Suppose that after waiting for some time the value of the euro and the euro appreciates currently estimated at 2.3287/90 against the U.S. dollar. Regarding this situation, you are thinking of selling your Euros 1,000,000 to the selling price of 2.3287 and get 2,328,700. View your purchase and sale, is a difference of 42 pips (2.3287-2.3245), so., A gain of 4,200 and total transaction therefore thus can easily calculate how to win or lose in a transaction . This method can also be applied to the trading session, counting the total number of cores and then with them for the profit or loss for the calculation of the trading session.
To succeed in the Forex market, you must combine scientific knowledge and methods developed and 90% of people not only to being. No access to tips and techniques that are used by expert Forex traders
The Correlation Calculator displays correlations for major, exotic and cross currency pairs. It is a useful analytical tool that helps in making a sound trading decision.
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