Apr 6, 2007

How To Count Forex Transaction Result

How to count results of my transaction in FOREX !

Along with was his method: for FOREX that against USDollar this had 2 kind sorts currency main that was general was traded in that is the Direct kind and Indirectthe Example:- Direct: GBP/USD, EUR/USD, AUD/USD, et cetera(xxx/USD) .- Indirect: USD/JPY, USD/CHF, etc. (USD/xxx).

For Direct currency:
our example trading in the regular Forex account kind that afterwards we inputkan quantity contract size him = US$100,000 and we did Buy in EUR/USD in the position 1.2000 and afterwards in close Sell (take the profit) in the position 1.2010, then we would the profit as big as: (1.2010 - 1.2000) x 100000 = $100 (the profit) or was the reverse if loss also same his Calculation.

For Indeirect Currency:
our example trading in the regular Forex account kind that afterwards we inputkan quantity contract size him = US$100,000 and we did Sell in USD/JPY in the position 110.10 and afterwards in close Buy (take the profit) in the position 110.00, then we would the profit as big as: ((110.10 - 110.00) x 100000)/the position liquid 110.00 = $90.91 (the profit) or was the reverse if loss also was the same his calculation.

INFORMATION:
If you carried out the BUY transaction (offer) from a currency, and afterwards the SELL figure (bid) him was involved in exceeding your BUY figure, then you will get the profit.So also if you did SELL (bid) and afterwards the BUY figure (offer) him moving smaller than your SELL position, then and you too will get the profit.But if being the reverse then you will experience loss (the loss).

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