Calculating pip value

tom82

Newbie
3 0
Is there a way we can calculate the pip value of WTI and the other commodities?
As you know we can do the following calculation on fx pairs to find out the value of a pip (when USD quoted first) eg:
(0.0001 / exchange rate) x lot size = pip value

Can we do something similar to work it out for the other products?
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock