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Position value - please help!!!
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08-20-2007, 11:00 AM
rhodytrader
FX-Men Honorary Member
Join Date: Dec 2006
Posts: 1,000
No.
As I said you need to multiply your position size by
GBP/USD
, not by GBP/JPY.
If you multiply a GBP based position by GBP/JPY you get the JPY value of the position.
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