School, typo error?

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1

Hi,

You wrote at [B]School > Know Your P�s and L�s[/B] : Know Your P’s and L’s | Pre-School: Forex Basics | Learn Forex Trading

Let�s assume we will be using a $100,000 lot size. We will now recalculate some examples to see how it affects the pip value.

USD/JPY at an exchange rate of [B]119.90[/B]
(.01 / [B]119.80[/B]) x $100,000 = $8.34 per pip

Its a detail, but I presume its 119,80 the right figure.

Have a good day,

Michael

2

Another typo error at same page :

The new quote for USD/CHF is 1.4550 / [B]14555[/B]. Since you’re closing your trade and you initially bought to enter the trade, you now sell in order to close the trade so you must take the 1.4550 price. The price traders are prepared to buy at.

Its a missing dot : [B]1.4555[/B]

3

Thanks…we’ll get that corrected!