Forex Trading Examples
The gross profit on your trade is calculated as follows:
€200,000 x 1.33623 = USD $267,246
€200,000 x 1.32129 = USD $264,258
Gross Profit on Trade
Opening the Position
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.33623.
Closing the Position
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 2 standard lots at 1.32129.