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Partizan · 26-07-2005, 01:25

Calculating PIP Value

For GBP/JPY AND EUR/JPY:

1000/(USD/JPY_ASK_PRICE) at the trade closing time.

For EUR/GBP :

10*GBP/USD_ASK_PRICE at the trade closing time.

P.S. USD_ASK_PRICE suggested only for USD nominated accounts. If not, instead of USD we take JPY and GBP crosses with deposit currency.

26-07-2005, 01:25	#8
Partizan level 1 Join Date: Jul 2005 Posts: 11 Downloads: 0 Uploads: 0 Rep Power: 0	Re: pip value calculation Calculating PIP Value For GBP/JPY AND EUR/JPY: 1000/(USD/JPY_ASK_PRICE) at the trade closing time. For EUR/GBP : 10*GBP/USD_ASK_PRICE at the trade closing time. P.S. USD_ASK_PRICE suggested only for USD nominated accounts. If not, instead of USD we take JPY and GBP crosses with deposit currency.