In MT4, is the swap rate priced in my account currency, or the quote currency of the pair?
My account currency is GBP, in this trade the quote currency is Yen.
Here's a position held from yesterday into today. The swap seems huge. This would be about 1/7th of what I've risked on the trade. I know Wednesday is triple swap, but even if you divide this by 3, it's still excessively large. Below is a similarly sized position (albeit in a different currency) for comparison.
Thanks in advance
My account currency is GBP, in this trade the quote currency is Yen.
Here's a position held from yesterday into today. The swap seems huge. This would be about 1/7th of what I've risked on the trade. I know Wednesday is triple swap, but even if you divide this by 3, it's still excessively large. Below is a similarly sized position (albeit in a different currency) for comparison.
Thanks in advance