How To Calculate Pip Value

[Qu|cksilver]

I learn from other website, to calculate pip value e.g for GBP/JPY

(0.01/CURRENT PRICE)*CONTRACT SIZE= AMOUNT PER PIP

What does the "CURRENT PRICE" refer to? BID price or ASK price?

 

[pabmove]

depends if you're buying or selling, then calculate from there.

 

[cabletrader]

Come on guys, be serious

Try this

 

[Yacob Hassan]

i have a simple template for this.
just change the price and lot size only.