Calculation of Profit and Loss

• For Direct Currency ( which was in the back of USD, for example: EUR/USD, GBP?USD,etc)

Formula :

( Sell - Buy ) x Lot x 100,000
( 100,ooo is derived from the regular contract value )

Example :

Buy 1 lot EUR/USD from 1.4500 to 1.4530
( 1.4530 - 1.4500 ) x 1 x 100,000 = $300

• For Indirect Currency ( which was in front of USD, for example: USD/JPY, USD/CHF, etc )

Formula :

( Sell - Buy ) x lot x 100,000 ) / close price

Example:

Sell 2 lot USD/JPY from 90.50 to 90.00
(( 90.50 - 90.00 ) x 2 x 100,000 ) / 90.00 = $111.11

• For Cross Currency ( which is not comparable with USD , for example : GBP/JPY, EUR/JPY )

Formula :

• if it's currency manifold counter direct

( Sell - Buy ) x lot x 100,000

Example :

Buy 3 lot EUR/GBP from 0.9050 to 0.9100
close price of GBP/USD at that time is 1.6250 ( it's counter currency is GBP/USD )
( 0.9100 - 0.9050 ) x 3 x 100,000 x 1.6250 = $2437,5

• if it's currency manifold counter indirect

( Sell - Buy ) x lot x 100,000 ) / close price it's counter currency

Example :

Sell GBP/JPY 4 lot from 148.50 to 148.30
close price of USD/JPY at that time is 90.50 ( it's counter currency is USD/JPY )
(( 148.50 - 148.30 ) x 4 x 100,000 ) / 90.50 = $883.98