# Currency Converting Problem

Discussion in 'General Forex Talk' started by HuckleberryBen, Sep 3, 2010.

1. ### HuckleberryBen Recruit

Joined:
Sep 3, 2010
Messages:
3
0
Hello To All
Been backtesting the USD/JPY.
Here is the problem.
If......Bought 1 lot @ 116.85
Bought 1 lot @ 117.70
Bought 1 lot @ 118.55
Bought 1 lot @ 119.40
Then ..Sold 4 lots @ 120.29

Adding all differnces ...120.29 - 116.85 = 344
120.29 - 117.70 = 259
120.29 - 118.55 = 174
120.29 - 119.40 = 89
866 pips USD/JPY
What is the USD value?

2. ### 5of7 Representative for TheCollectiveFX

Joined:
Apr 7, 2009
Messages:
44
0
You have to do each transaction separately. On each line item, use the execution price to convert back to dollars.

3. ### HuckleberryBen Recruit

Joined:
Sep 3, 2010
Messages:
3
0
thank you

could you please have a look at the thread below named 'easier converting problem'.
i am looking for the complete formula.
regards

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