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trading journal<<< Additional criteria for existing formula

hi all
can somebody help me with this,
i want to combine the two formula into one formula... this formula calculate forex pips, but there are different pairs with different decimal points,
=(M8-J8)*LOOKUP(I8,{"LONG","SHORT"},{1,-1})*1000
=(M8-J8)*LOOKUP(I8,{"LONG","SHORT"},{1,-1})*100

for an example i want to add currency pair name's ( EURUSD, GBPUSD) to this formula so when i write the pair name this formula works for that currency pair
=(M8-J8)*LOOKUP(I8,{"LONG","SHORT"},{1,-1})*1000

and when i wright Yen pairs (USDJPY, GBPJPY) i want this formula to work
=(M8-J8)*LOOKUP(I8,{"LONG","SHORT"},{1,-1})*100

the point is i want the answer on the same column


more details attached
https://preview.redd.it/r5l4u3wuo2p41.png?width=1914&format=png&auto=webp&s=c4a2dd4edb0fbcfaa27594a4defee0d3a1beb29a
submitted by tytwen5656 to excel [link] [comments]

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Forex Profit and Loss - How to Calculate it? submitted by allaboutforexworld to u/allaboutforexworld [link] [comments]

Calculating Pips with basic Forex pairs - YouTube Lesson 6.1: What is swap in forex trading? - YouTube 95% Winning Forex Trading Formula - Beat The Market Maker📈 93. How to Calculate Forex Trading Profits and Losses ... How to Calculate Position Size & Lot Size in Forex - YouTube The Fastest Way to Calculate Risk Reward on a Forex Trade ... HOW TO OPEN A FOREX TRADE AND CALCULATE POSITION SIZE (FOR ... FOREX TRADING - HOW TO COUNT THE PIPS & CALCULATE ...

How to Calculate Forex Gain or Loss. Compared to other financial markets the currency markets are different. Whereas for the stock investment we can say that it is just a bet that you place in a company, and a position of foreign exchange is bet on the whole currency value that is relative to other currencies. For instance, if you’re thinking that the euro will have increased value, you; won ... Forex Calculators which will help you in your decision making process while trading Forex. Values are calculated in real-time with current market prices to provide you with an accurate result. Forex Compounding Calculator. You can use the compounding calculator to calculate profits of the Swap Master Trading System and other interest earning. This allows you to understand better, how your trading account will grow over time. One of the most interesting facts about compounding is, that even a moderate monthly gain turns your initial capital into a serious amount of money over time ... Risk Warning: Forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure . Restricted regions: Trading Point of Financial Instruments Limited does not provide investment and ancillary services in the territories of third countries. Der Investing.com Forex Korrelationsrechner zeigt Korrelationen für Haupt-, Exotische- und Cross-Währungspaare. How to Calculate Risk to Reward Ratio in Forex trading using risk calculator? In this area, we will jump into the mechanics of how to calculate the risk-reward proportion. The equation for computing risk versus reward proportion is generally direct. If you risk 50 pips on a trade and you set a profit focus of 100 pips, at that point your powerful risk to remunerate proportion for the trade ... Before entering a trade, it makes sense that you would want to know what you stand to gain or lose from it. FXTM’s Profit Calculator is a simple tool that will help you determine a trade’s outcome and decide if it is favorable. You can also set different bid and ask prices and compare the results. How it works: In 4 simple steps, the Profit Calculator will help you determine the potential ... FP Markets all in one FX calculator allows you to calculate all the important parameters of your trade such as the pip value, contract size, swap, margin. NEWS: * FP Markets has been named as "Best Global Value Forex Broker" at the Global Forex Awards 2020 (to add to its award in 2019). SPREADS LATEST: ** Data acquired from our server shows our EURUSD spread to be 0.0 pips on average 36.98% of ... Online forex trading offers number of distinct advantages. Besides real time rates, your profit and loss is calculated on real time basis by the forex trading software and is displayed live online. Even though this is an important advantage in forex trading account but I strongly recommend that you must be aware about the methodology to calculate your profit and loss from forex trading.

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Calculating Pips with basic Forex pairs - YouTube

If you learn this one Forex pattern, you will be better off than 90% of all other traders your competing against. This simple strategy is the difference betw... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... Learn how to calculate pips to set your stop loss and take profit. Get the charts: http://www.tradingheroes.com/tradingview Calculating the risk reward on a trade can take some time. If you are tired of taking out your calcu... This is a lesson for beginner traders about how to open a trade in Metatrader (MT4 or MT5) and how to calculate the correct trade position size to control yo... How to calculate position size in forex trading ? Here's a video on forex lot size explained to teach you how to determine lot size and what is position size... http://www.informedtrades.com/ A lesson on how to calculate profits and losses in the forex market for active traders and investors in foreign exchange and c... When you open a trade on the Forex Market, the numbers on the screen will start to change. You need to be able to count the price units also known as PIPS, i...

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