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ECONOMIC CALCULATORS

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"Economic Calendar shows key upcoming economic events, announcements, and news.

You can set up relevant economic calendar filters in a few clicks, selecting event importance and affected currencies.

Market news tracks the pulse of markets for engaged traders with more than 10 million visitors per month.

We are leading innovator in business by offering news, personal finance information,

real-time commentary, and investment tools and data, with dedicated journalists

generating hundreds of headlines, stories, videos and market briefs a day from bureaus. "

Position Size Calculator

Position Size Calculator widget is provided by DailyForex.com - Forex Reviews and News

Pivot Point Calculator allows you to receive pivot points in four

different popular systems.

The classical or standard pivot point

The classical pivot point is calculated based on the day's high, low and closing price and provides equal weight to all

these prices. The resistance and assistance levels are then calculated based on the pivot point level with reference to

the high and low of the day.

Camarilla Pivot point

The way the pivot point itself is calculated is exactly the same as the classical version. The difference is in the ways

the subsequent resistance and support levels are calculated.

Woodie's Pivot Point

Woodie's pivot calculation gives more weight to the closing price of the period. The way the supports and

resistances are estimated is also different.

Fibonacci Pivot Point

The pivot level is calculated in the similar way as we do for the classical version or for the Camarilla. However, the

support and resistances are calculated using the Fibonacci retracement levels as compared to the pivot level.

Deal Size Calculator

With Aurumpro Deal Size Calculator you can easily calculate your lot size by specifying the account value, the

amount (percentage of your balance) that you are prepared to risk, the stop loss price.

The deal size calculator helps traders to choose an optimum size of the opening lot depending on the accepted level

of risk.

How can you use it

In the "Symbol" field, choose your required instrument.

 

For Aurum Pro, EUR/USD.

In the "Account size" field, indicate your account balance. For Aurum Pro, $100. In the "Risk" field, indicate the size

of risky capital as a percentage of the account size. For Aurum Pro, 10%. In the "Pips to Stop Loss" field, indicate how

many points away should Stop Loss be placed at. For Aurum Pro, 20. To get the results, press "Calculate". With the

values mentioned above, the recommended deal size will equal to 0.05 lot.

Please note, that some Forex instruments are quoted to the fifth or to the third decimal places. However, one

pip/point expresses the change in the value of the fourth and the second decimal places

 

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All investments involve risk, and the past performance of a security, industry, sector, market, financial products, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

 

Any opinions, news, research, analyses, prices, or other information offered by Aurumpro.co is provided as general market commentary and does not constitute investment advice. Aurumpro.co will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

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