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Old 05-07-2005, 15:07   #5
bobnat
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Re: pip value calculation

Quote:
Originally Posted by forexman9
I know this topic has been talked to death. Please bear with me as I am new to this. I am trying to get profit loss value on a historical basis. I have a spreadsheet for 4 years of data on a 1 hour interval. The pairs I am interested in are GBP/JPY EUR/JPY and EUR/GBP
None of these have USD as one of the currencies making the job a little harder. Is there a comprehensive site where I can get exact formulas to calculate the $ P/L at that time of the day? Any help will be greatly appreciated.

Unlike the XXX/USD pairs, the crosses have a variable pip value. You say you want to know what the historical pip value was. The answer you received was wrong, you can look at what your platform is showing as pip value now, but you certainly won't know what the pip value was for GBP/JPY last year unless you do some calculations. It's not hard, but I suggest you do a google search and help yourself. If you do it that way, as opposed to me telling you, I suspect you'll remember how to do it.

Nat
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