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Old 30-12-2005, 02:22   #31
MickMason
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Re: How much to buy w/2% risk of $1k and w/50pip SL?

Still number crunching kenazen

Ok, try this, I didn't realise you were trying to write a formula.....

USD/? : .0001 divided by the rate = pip value ie USD/CHF .0001/1.3100 = .000076 (or in the case of USD/JPY .01 as it only has two decimal places)

?/USD : .0001 divided by the rate times the rate ie EUR/USD .0001/1.1850 = .000084 * 1.1850 = .00001

?/? : .0001 divided by the rate = pip value, times the USD rate = USD pip value ie GBP/CHF .0001/2.2636 = .000044 * 1.7271 = .000076


Does that help?


Mick
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