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Forex Trading Calculators

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  • Forex Trading Calculators
Currency Converter
Fibonacci
Pivot Point
Profit/Loss Calculator
Stop Loss Limit
Margin
Currency Converter

This calculator will convert your desired currency.

Fibonacci
This calculator will help calculate the Fibonacci retracements and extensions based on price points. This is a popular tool among traders used to identify support and resistance levels, and place stop-loss orders or target prices. Simply put, Fibonacci is primarily used to measure how far a market has retracted its primary move. While Fib Retracement refers to a specified price range, Fib Projection values are applied outside the price range. A Fibonacci retracement is created by taking 2 extreme price points and dividing by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%.
Pivot Point

Why you should use a pivot point calculator? A pivot point calculator is used mostly when trading equities and commodities. It is based on the High, Low and closing prices of previous sessions. You can use it to plan your support and resistance points for current or upcoming sessions. Traders often use this tool to plan their entry and exit points for both take-profit and stop-loss.

Profit/Loss Calculator
Stop Loss Calculator is used to determine the price level you should use for Stop Loss/Take Profit orders, how many pips are in each one, and what is the value of each pip. To use our calculator select the currency pair you are trading, enter your account currency, your position size, and the opening price. Select long or short for your trade and then enter the amount of money you are willing to risk before this trade closes.
Stop Loss Limit
A stop limit loss is an order you place to sell or to buy a position that you own if it hits a determined price. It stops you from losing any more money on the position. If you have sold short, you can place a stop order to buy in order to cover if the stock rises to a specified price. It is a fairly easy tool and it’s an integral part of the success of trading.
Margin

If you want to determine an item’s income, this margin calculator will be your greatest friend, provided you are aware of the cost and the required profit margin %. That’s not all, though; any of the other values can be used to compute any of the key factors in the sales process, including cost of goods sold (how much you paid for the items you sell), profit margin, revenue, and profit. Your company’s health is generally determined by your profit margin; if your margins are low, you are operating on thin ice and any adverse changes could spell serious disaster. High profit margins leave a lot of room for mistakes and unlucky circumstances.

We are an Online trading academy designed for home traders and for those who wish to expand their knowledge and understanding about the online trading world.

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© 2024 Toshi Academy. All rights reserved.

Toshi Academy is a company registered in North America with the following information. (1st Floor, The Sotheby Building,Rodney Bay, Gros-Islet,P.O. Box 838,Castries,Saint Lucia)

The content of this site contains personal thoughts and opinions, is for general education purposes, and does not recommend which financial services to purchase. It also does not guarantee current or future transaction performance or results. The methods described on this site are also high-risk transactions, and trading using them may lead to economic loss such as loss of the capital initially invested. When trading, you should seek independent financial advice or consider your level of experience as needed. The completeness, validity and accuracy of the information contained in this material is not guaranteed and we are not responsible for any direct or indirect loss incurred during a transaction or investment based on the content.

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