What currency is the Entry Price quoted in? | Forex Factory

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What currency is the Entry Price quoted in?

  • #1
  • First Post: Jan 8, 2015 5:40pm Jan 8, 2015 5:40pm
The "Entry Price" to buy GBPCAD is listed as being "1.7846". My account uses USD as the base currency.

Of the three currencies (USD, GBP, CAD) which is the entry price quoted in?

How much in USD (without any leverage) would it cost to purchase one standard 100,000 lot of GBPCAD?
178,460 USD or 178,460 GBP or 178,460 CAD?
  • #2
  • Last Post: Jan 23, 2015 1:16pm Jan 23, 2015 1:16pm
Quoting deklin
The "Entry Price" to buy GBPCAD is listed as being "1.7846". My account uses USD as the base currency. Of the three currencies (USD, GBP, CAD) which is the entry price quoted in? How much in USD (without any leverage) would it cost to purchase one standard 100,000 lot of GBPCAD? 178,460 USD or 178,460 GBP or 178,460 CAD?
"How much in USD (without any leverage) would it cost to purchase one standard 100,000 lot of GBPCAD?"
gbp/usd*100,000 (1.5016*100,000=150160)

p.s. if you're more concerned with the value/pip of your transactions, there are some calculators (adjusted to the leverage you'll use).
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