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No you have it all wrong the USD/SEK trades at 8.4 so 1 pip is like 1/10th value of a pip on say AUD/USD.<br />
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So in reality you would be making 535 pips (in terms of pip value against majors) over 3 months. Or 5350$ on a 1 lot trade.<br />
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Its about the percentage change in the currency value not the PIPS. Pip value varies a lot across different pairs.
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</blockquote>I never said anything about any money amount. Because that depends on how much you are willing to risk. And what leverage you are willing to take. Plus, I also mentioned eur/usd. As that one moves pretty much the same as USD/SEK procentage vise. But you are probably right that I should calculate on procentage instead of trying to figure out pips value etc.<br />
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So take the eur/usd for example:<br />
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1 eur on August 3, 2014= 1.3428<br />
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1 eur on November 27, 2014 = 1.2476<br />
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1.3428/1.2476 = 1.07630 = 7.63% increase in value, right?<br />
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So it must be $7630 on 1 lot trade.<br />
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Now lets speculate that you had ice in your stomach and took advantage of the profits made. To see if the EUR would dip even more on the USD.<br />
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1 eur on August 3, 2014: 1.3428<br />
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1 eur today, on April 29, 2015: 1.1026<br />
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1.3428/1.1026 = 1.2178.<br />
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21.78% profit. So on 1 lot trade you made $21,780 in roughly 9 months time. That's not bad trading 1 lot trade. I think. But that's just me.<br />
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According to a Oanda calculator. I had made 9,520 USD with the first trade. And the longer trade. $24,020.<br />
<a href="http://fxtrade.oanda.com/analysis/profit-calculator/" target="_blank" class="link link--external" rel="noopener">http://fxtrade.oanda.com/analysis/profit-calculator/</a><br />
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Edit: If it was the USD/SEK it would be $7,802.99 for 3 months and 3 weeks. And as the USD lost quite a lot on SEK. The profit for today would be: $17,600.23 on roughly 9 months. But if you had gone out a few hours ago it had been $19,373.79.<br />
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So. They don't move exactly the same as I first thought. You had made more profits trading EUR/USD. On the USD. Instead of USD/SEK on the USD.</div>
