Calculation of foreign exchange income

The calculation methods of profit and loss are still divided into three categories:

I. Profit and loss of directly priced currency pairs = (closing price-opening price) x number of transactions x number of contracts/closing price. For example, USD/JPY bought at 88.8 1 and closed at 89.8 1, and a * * made 10 standard hand. Then his profit and loss is:

(89.81-88.81) x10x100000/89.81=134.6/kloc-0.

II. Profit and loss of indirect pricing currency pair = (closing price-opening price) x number of transactions x number of contracts. For example, GBP/USD bought at 1.6275 and closed at 1.6375. A * * * made the standard hand of 10, and his profit and loss is the profit of dollars.

III. Exchange rate of cross-currency against the US dollar after profit and loss = (closing price-opening price) x number of lots x number of contracts x "/"Example: EUR/GBP, buy at 0.9036 10 lot, and open at 0.9 136 lot. When the exchange rate of GBP/USD is 1.6320, then his profit and loss is: (0.9136-0.9016) x10x100000x1.