Help with an exam question

jstra said:

Hi Guys,
Could someone help me with this question please.
A
"You buy 10 million EURUSD @ 1.1126 and then buy another 20 million @ 1.1159.

Calculate your total position and your average entry price...."

£10,000,000.00 x 1.1126 = £11,126,000.00

£20,000,000.00 x 1.1159 = £22,318,000.00

Tot Pos = £33,444,000.00


Average Price
( (1 x 1.1126) + (2 * 1.1159) ) / 3 = 1.1148




B
then you sell 18 million @ 1.1147 what is your remaining position and have you realised a profit or a loss on the trade ?

Remaining pos.
12,000,000 * 1.1147 = £13,376,400.00

Loss as sale of 18m is at 1.1147 < 1.1148 below average entry price.




C
if EURUSD is now trading at 1.1152 calculate your unrealised profit or loss in pip...

Remaining pos 12,000,000 x 1.1152 = £13,382,400.00

Pos of profit at 3,000 - equivalent to 1 pip above average entry price.


Could someone explane to me how to calculate this please and any relative websites that might help me aswell..

Thanks in advance:smart:

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Atilla said:

Remaining situ wrt to pip...

((18m x 1.1147) + (12m x 1.1152) ) / 30 = 1.1149


All logical guess work. No idea if it's correct. Good luck.:whistling

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