Calculations on windows calculator

I am new to forex and when I tried following the examples given on page [B][U]What is a Pip? What Other Forex Trading Terms Do I Need To Know?[/U][/B]

I get different results.

The formula goes:
USD/JPY:

119.80
.01 divided by exchange rate = pip value
.01 / 119.80 = 0.0000834

My result for this is 8.3472454090150250417362270450751e-5

I am using windows calculator in standard mode (nothing fancy).

This happens with all the examples so I know I must be doing something wrong, but on something so simple as .01 divided by 119.80 how much can really be done wrong? :confused:

I decided to try a different calculator (cell phone) and now I am getting the same as babypips gets. :smiley:

Any ideas folks? :confused:

That is most likely correct. Remember, pip value is meaningless without a position size. So multiply it by your position size.

When I do that we come to the same conclusion, however I am trying to follow along side by side with the examples to help me better understand the system.

My question is really why would this work step by step with a normal calculator and yet windows calculator goes wildly left like that.

Math is a universal constant, 1 plus 1 should ALWAYS equal 2 no matter on what machine its being done on and yet windows calculator gives that result.

Truly puzzling.
Any ideas?

If you’re talking about scientific notation, its just a method to shorten the number. That E-5 implies:

8.347 x 10**-5

oh ok I get it, so there is not that much difference between them. Just the way they look at the math.

Thank you for your help :smiley: I really appreciate it.