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  • Post #1
  • Quote
  • First Post: Oct 18, 2009 5:05am Oct 18, 2009 5:05am
how to calculate pips for Japanese Yen cross?
for the other currency it's quite easy..let say,GBP/USD
1.6280-1.6230=50pips..
but for the Yen currency,how do we calculate it?
let say..
145.15-143.65=?
thanks..
[quote=pali;3155515]
145.15-143.65=?
quote]

= 150 pips

The xxxJPY pairs only have 2 digits to the right of the decimal. If a third digit exists, it is often referred to as a "fractional pip."

Be careful though! The definition of a pip is the smallest incremental movement and that extra decimal may be referred to as a pip by some brokers. Although confusing, they have every right to do this and are technically correct. You should discuss this with your broker specifically.
  • Post #3
  • Quote
  • Edited Oct 19, 2009 3:48am Oct 18, 2009 10:02pm | Edited Oct 19, 2009 3:48am
[quote=philmcgrew;3155709]
Quoting pali
145.15-143.65=?
quote]

= 150 pips

The xxxJPY pairs only have 2 digits to the right of the decimal. If a third digit exists, it is often referred to as a "fractional pip."

Be careful though! The definition of a pip is the smallest incremental movement and that extra decimal may be referred to as a pip by some brokers. Although confusing, they have every right to do this and are technically correct. You should discuss this with your broker specifically.
thanks for replying.
can you please explain to me,how to calculate it?i need to know to plan my trade.
for example:
GBP/USD
1.6280-1.6230

6280
- 6230
-------
50 pips

how about XXXYen? 145.15-143.65=
145.15
- 143.65
----------
Don't let the decimal point confuse you. The number furthest to the right is one pip for every currency pair.

Using your example, 145.15 - 143.65

Drop the decimal, the 1 and 4.

515 -365 = 150 pips which is 1.50 when you put the decimal back.
515 -365 = 150 pips

...I guess I know now why people are making these claims about 100+ pips per day. Sorry, but for me that is a 15 pip move; some things are just too difficult to unlearn. I'll stick with Phil's interpretation that these are fractional pips.
Quoting Dopey
Don't let the decimal point confuse you. The number furthest to the right is one pip for every currency pair.

Using your example, 145.15 - 143.65

Drop the decimal, the 1 and 4.

515 -365 = 150 pips which is 1.50 when you put the decimal back.
thanks..this actually what i'm looking..the way to calculate it.
Quoting CodeMeister
515 -365 = 150 pips

...I guess I know now why people are making these claims about 100+ pips per day. Sorry, but for me that is a 15 pip move; some things are just too difficult to unlearn. I'll stick with Phil's interpretation that these are fractional pips.
i try to find the same value at MT4 chart..using the crosshair function..it shows 150 pips value,i think the Codemeister way is correct.
Quoting pali
{quote} thanks..this actually what i'm looking..the way to calculate it.
why did you drop first two decimal if i am to calculate the pips in between 126.079 and 100.969 then how i will measure.
TALHA607
Quoting tallha
{quote} why did you drop first two decimal if i am to calculate the pips in between 126.079 and 100.969 then how i will measure.
A pip is equal to a 0.01 Yen (1Pip = 0.01 Yen) one fractional pip (or pippete) is equal to 0.001 Yen.
I think tallha was saying that by ignoring the fact that there are decimals, you will simplify the equation of subtracting and then multiplying with 100 to find the number of the pips.
Example (1.10-1.05) * pipsize = (1.10-1.05) x 100 = 110-105 = 5 Pips
MT4 Measures Points, when you use the crosshair and measure distance, divide by 10 to figure out pips, This is the case on all pairs except JPY Pairs, I don't trade much with the JPY Pairs, but the 5th decimal place measures points in all other pairs, JPY would be the 3rd decimal place XX.XXX 87.123

EUR/USD Example:

Pips in Red,
Points in Blue

Buy at 1.11655
Sell at 1.11856
This is a gain of 20Pips and 1 point

I think the JPY pairs measure pips like this:
Buy at 87.121
Sell at 88.121
This is a gain of 100Pips

The "pip" is the measurement of the 4th decimal place, or 2nd in JPY Pairs
EUR/USD 1.11655
USD/JPY 87.12

I know this thread is old, and there will probably be no one to read my response now, I just wanted to explain this, I hope it helps...someone!
Quoting Durandune
MT4 Measures Points, when you use the crosshair and measure distance, divide by 10 to figure out pips, This is the case on all pairs except JPY Pairs, I don't trade much with the JPY Pairs, but the 5th decimal place measures points in all other pairs, JPY would be the 3rd decimal place XX.XXX 87.123 EUR/USD Example: Pips in Red, Points in Blue Buy at 1.11655 Sell at 1.11856 This is a gain of 20Pips and 1 point I think the JPY pairs measure pips like this: Buy at 87.121 Sell at 88.121 This is a gain of 100Pips The "pip" is the measurement of the...
Don't worry. I just read your response. Thanks for helping everyone out
Quoting aleks22
{quote} Don't worry. I just read your response. Thanks for helping everyone out
That’s the power of this community & feel free to ask any question! Happy learning.
  • Post #13
  • Quote
  • Last Post: Jun 11, 2020 11:12pm Jun 11, 2020 11:12pm
Thanks Durandue,

It's still helping
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