The forex trading system "Summary
window" sorts all open positions by currency
pair rather than ticket number. When a trader
has multiple positions open for the same currency
pair, the Summary window will automatically compound
these individual trades. This allows multiple
tickets of the same currency pairs to be grouped
together to display information regarding to average
open price and net P/L.
P/L Sell (P/L Buy)
The profit/loss
(P/L) for each currency pair is tracked in real
time in U.S. dollars.
For short (Sell) positions, the "P/L Sell"
column shows the profit/loss of the trade in U.S.
dollars. A minus in front of the "P/L"
and "Gross P/L" indicates the position
has lost value.
For long (Buy) positions, the "P/L Buy"
column shows the profit/loss of the trade in U.S.
dollars. A minus in front of the "P/L"
and "Gross P/L" indicates the position
has lost value.
Because it is not possible to be both long and
short the same currency pair at the same time
on the FX Trading Station, the profit/loss for
each currency pair will always be contained within
either the "P/L Sell" column or "P/L
Buy" column.
Amt
S (K) and Amt B (K)
This
is the cumulative size of all open positions in
the currency pair. The "Amt S (K)" column
displays the number of lots the trader is currently
short for a given currency pair. The "Amt
B (K)" column displays the number of lots
the trader is currently long for a given currency
pair. 1 lot in the standard account is 100,000
units of the base currency. 1 lot in the Mini
account is 10,000 units of the base currency.
"100" in the Amt K column represents
100,000 units of currency (or 1 lot) in the standard
100K account.
Because it is not possible to be both long and
short the same currency pair at the same time
on the FX Trading Station, the cumulative size
for each currency pair will always be contained
within either the "Amt S (K)" column
(for short positions) or "P/L Buy" column
(for long positions).
Av
Sell and Av Buy
The
"Av Sell" column and "Av Buy"
column automatically calculate the average open
price for a given currency pair. The average open
price is determined by adding together the prices
at which individual trades were opened and dividing
this sum by the number of lots currently open.
Because it is not possible to be both long and
short the same currency pair at the same time
on the FX Trading Station, the cumulative size
for each currency pair will always be contained
within either the "Amt S (K)" column
(for short positions) or "P/L Buy" column
(for long positions).
Sell
and Buy
The
"Sell" column shows the current, real-time
sell price for the currency pair in which the
trader is short. This is the price at which trader could rapidly add to a current long or short position.
The "Buy" column shows the current,
real-time buy price for the currency pair in which
the trader is long. This is the price at which the trader could rapidly add to a current long position.
