Hi, could you give me an help in calculating the profit/loss on the GBPJPY cross, on a EUR account?
For instance: SELL 0.07 @ 134.206 and close @ 134.152, my Fx Pro Platform give me a profit of EUR 3.3.
I tried to calculate the profit in this way: (134.206-134.152) = 0.054 * 100000 = 5.400
5400 / 102.328 (USDJPY cross at the closing time) = 52.77148 * 0.07 = 3.694
What am I missing?
Thank you!
For instance: SELL 0.07 @ 134.206 and close @ 134.152, my Fx Pro Platform give me a profit of EUR 3.3.
I tried to calculate the profit in this way: (134.206-134.152) = 0.054 * 100000 = 5.400
5400 / 102.328 (USDJPY cross at the closing time) = 52.77148 * 0.07 = 3.694
What am I missing?
Thank you!