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2/3/12 21:04
Target   3-Mo
4.25 Aust 4.65
0.10 Japan 0.20
0.50 U.K. 1.08
1.00 E-Z 1.10
0.00 Switz 0.08
1.00 Cda 1.39
0.13 U.S. 0.53
2-YR % bp chg
Aust 3.35 14
Japan 0.14 0
U.K. 0.43 3
E-Z 0.20 1
Switz 0.06 4
Cda 1.04 5
U.S. 0.24 1
   
10-YR % bp chg
Aust 3.96 12
Japan 0.96 0
U.K. 2.18 10
E-Z 1.94 11
Switz 0.80 6
Cda 2.02 8
U.S. 1.93 10

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TRADING BASICS

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Calculating Profit and Loss

For ease of use, most online trading platforms automatically calculate the P&L of a traders' open positions. However, it is useful to understand how this calculation is derived.

To illustrate a typical FX trade, consider the following example:


The current bid/ask price for USD/CHF is 1.6322/1.6327, meaning you can buy $1 US for 1.6327 Swiss Francs or sell $1 US for 1.6322.

Suppose you decide that the US Dollar (USD) is undervalued against the Swiss Franc (CHF). To execute this strategy, you would buy Dollars (simultaneously selling Francs), and then wait for the exchange rate to rise.

So you make the trade: purchasing US$100,000 and selling 163,270 Francs. (Remember, at 1% margin, your initial margin deposit would be $1,000.)

As you expected, USD/CHF rises to 1.6435/40. You can now sell $1 US for 1.6435 Francs or buy $1 US for 1.6440 Francs.

Since you're long dollars (and are short francs), you must now sell dollars and buy back the francs to realize any profit.

You sell US$100,000 at the current USD/CHF rate of 1.6435, and receive 164,350 CHF. Since you originally sold (paid) 163,270 CHF, your profit is 1080 CHF.

To calculate your P&L in terms of US dollars, simply divide 1080 by the current USD/CHF rate of 1.6435.

Total profit = US $657.13

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2/3/2012 EURUSD USDJPY USDCHF GBPUSD USDCAD
Close 1.3146 76.55 0.9183 1.5809 0.9939
High 1.3205 76.74 0.9232 1.5860 1.0033
Low 1.3065 76.11 0.9122 1.5749 0.9923
Mov avgs EURUSD USDJPY USDCHF GBPUSD USDCAD
5 day 1.3129 76.28 0.9177 1.5777 0.9994
10 day 1.3113 76.80 0.9197 1.5716 1.0020
20 day 1.2951 76.83 0.9328 1.5560 1.0094
50 day 1.3054 77.33 0.9334 1.5571 1.0176
100 day 1.3348 77.14 0.9169 1.5663 1.0195
200 day 1.3816 78.15 0.8742 1.5945 0.9961
Pivots 1.3139 76.47 0.9179 1.5806 0.9965
Source: Global-View FX Database

Global-View.com Chart Gallery
2/3/2012                
21:04 GMT   2yr bp 10yr bp DJIA 12861 155
USDX 7.53 -7 0.24 1 1.93 10 S&P 1345 20
  USD vs.     Fixed Income   NAS 2906 46
EUR 1.3143 4 0.20 1 1.94 11 DAX 6767 111
GBP 1.5816 13 0.43 3 2.18 10 FTSE 5901 105
CHF 0.9183 18 0.06 4 0.80 6 SMI 6153 0
JPY 76.55 36 0.14 0 0.96 0 NIK 8832 45
CAD 0.9933 60 1.04 5 2.02 8 TSE 12581 46
AUD 1.0775 69 3.35 14 3.96 12 ASX 4251 17
NZD 0.8355 22 HSI 20757 18
CNY 6.3027 10 SSEC 2313 0
  EUR vs.     GBP vs.       AUD vs  
JPY 100.61 44 JPY 121.07 67 GBP 1.4677 75
GBP 83.10 9 CHF 145.24 40 CAD 1.0704 2
CHF 1.2069 20 CAD 1.5713 81 CHF 1.0120 8
AUD 12196 (77)   JPY vs.     NZD 0.0001 0
CAD 13051 (90) CHF 83.36 23 Commodities
  CHF vs. CAD 33.62 -67 Gold 1724.5 34.16
CAD 1.012 77 AUD 82.48 91 WTI 97.70 1.13
                   
                   

 


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