you use a different time frame? This is very important. 3 Factors That Can Control Your Risk Exposure. Conclusion So volume might be able to give us some hints about where price is likely to go next. Caught a bit of good luck on my EUR/NZD short idea, and with the pair going my way by a couple of hundred pips, Im adjusting my plan to take advantage of the momentum! This is the equivalent of 100 pips. Trade Type, buy, instrument, eurgbp, trade Size 1,000 Units, margin Requirement (Leverage).5 (200:1).
Dollar is not"d first, the formula is slightly different. EUR/USD at an exchange rate.1930: (.0001 /.1930) X 100,000.38.1930.99734 rounded up will be 10 per pip. GBP/USD at an exchange rate.8040: (.0001 /.8040) x 100,000.54.8040. Because leverage and lot s are two different things.
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If we were using a US Dollar platform that 5 is automatically converted to dollars by our broker at the current exchange rate for the EUR/USD. Well, let's take a look at a few example to see if it could useful, even if you are only getting part of the picture. So this could be a good hint that price might start to turn around soon. Since volume is more straightforward in stock trading, I'll use that to illustrate how volume can help traders. For starters, there is no way to figure out how much float or how much total currency is traded every day. There are some periods when volume can signal a possible move, but for the most part, volume is too flat to make any real trading decisions. If your account is funded in US dollars a micro lot is 1000 worth of the base currency you want to trade.
Then, towards the beginning of 2009 (points 1 and 2 below we saw two big spikes in volume, during two down days. Here are three factors you CAN control to limit your risk exposure.