In a One Day FX trade what is my potential profit and potential loss if I sell 400,000 units of the AUD/USD pair at 0.67252 with a PIP value of USD40, Stop loss at 0.66549 and Take profit at 0.68049

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 8E: Bell Greenhouses has estimated its monthly demand for potting soil to be the following: N=400+4X...
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In a One Day FX trade what is my potential profit and potential loss if I sell 400,000 units of the AUD/USD pair at 0.67252 with a PIP value of USD40, Stop loss at 0.66549 and Take profit at 0.68049

 

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