PIPTRADE | Spread Trading | Online Trading | Financial Capital Markets | Trade Forex

SIMULATOR
MARKET COMMENTARY
EXAMPLE
SPECIFICATIONS

The trade is opened when EURUSD is trading at
1.3048 (Selling Price) - 1.3051 (Buying Price)
1 TICK of EURUSD is 0.0001

You think the price is due to
FALL
Sell EURUSD @ $10 per TICK
@ 1.3048

You think the price is due to
RISE

Buy EURUSD @ $10 per TICK
@ 1.3051

With PIPTRADE you can choose the US$ value per tick
according to your risk preference. When you trade at $10 per
TICK, your profit or loss will change by $10 every time the
price of EURUSD changes by 1 TICK (or 0.0001)

The Trade is closed when EURUSD is trading at
1.2974 (Selling Price) - 1.2977 (Buying Price)

Sell EURUSD @ $10 per TICK
@ 1.2977

Buy EURUSD @ $10 per TICK
@ 1.2974

Selling Price: 1.3048
Buying Price: 1.2977

Difference:
(1.3048 – 1.2977) = 0.0071

Your profit on the trade is 71 ticks
Trade Size: $10 per TICK
(0.0001 movement)

71*$10 = $710 Profit

Buying Price: 1.3051
Selling Price: 1.2974

Difference:
(1.2974 – 1.3051) = 0.0077

Your loss on the trade is 77 ticks
Trade Size: $10 per TICK
(0.0001 movement)

-77*$10 = -$770 Loss

Currency Trading Hours

PRODUCT NAME	SYMBOL	TRADING HOURS (GMT)	DAILY TRADING BREAKS (GMT)
EURO VS US DOLLAR	EURUSD	22:01 - 20:00(Sun-Fri)
US DOLLAR VS JAPANESE YEN	USDJPY	22:01 - 20:00(Sun-Fri)
BRITISH POUND VS US DOLLAR	GBPUSD	22:01 - 20:00(Sun-Fri)
US DOLLAR VS SWISS FRANC	USDCHF	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS US DOLLAR	AUDUSD	22:01 - 20:00(Sun-Fri)
US DOLLAR VS CANADIAN DOLLAR	USDCAD	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS BRITISH POUND	AUDGBP	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS CANADIAN DOLLAR	AUDCAD	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS EURO	AUDEUR	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS JAPANESE YEN	AUDJPY	22:01 - 20:00(Sun-Fri)
AUSTRALIAN DOLLAR VS SWISS FRANC	AUDCHF	22:01 - 20:00(Sun-Fri)
BRITISH POUND VS CANADIAN DOLLAR	GBPCAD	22:01 - 20:00(Sun-Fri)
BRITISH POUND VS JAPANESE YEN	GBPJPY	22:01 - 20:00(Sun-Fri)
BRITISH POUND VS SWISS FRANC	GBPCHF	22:01 - 20:00(Sun-Fri)
CANADIAN DOLLAR VS JAPANESE YEN	CADJPY	22:01 - 20:00(Sun-Fri)
CANADIAN DOLLAR VS SWISS FRANC	CADCHF	22:01 - 20:00(Sun-Fri)
EURO VS BRITISH POUND	EURGBP	22:01 - 20:00(Sun-Fri)
EURO VS CANADIAN DOLLAR	EURCAD	22:01 - 20:00(Sun-Fri)
EURO VS JAPANESE YEN	EURJPY	22:01 - 20:00(Sun-Fri)
EURO VS SWISS FRANC	EURCHF	22:01 - 20:00(Sun-Fri)
SWISS FRANC VS JAPANESE YEN	CHFJPY	22:01 - 20:00(Sun-Fri)
US DOLLAR INDEX	SPT_DXY	23:01 - 20:00 (Sun-Fri)	20:00 - 23:01

The British Pound