Calculator — EURJPY
Risk of a stop, by lot size — EURJPY
PAIR cheat sheet — EURJPY
Key facts — EURJPY
- 1 pip = 0.01 (EURJPY, cross)
- Standard lot: 100000 units of base — pip value ≈ $6.49
- Suggested initial stop: ~30 pips (volatility-based, see note above)
- Sample rate used: 175.25 — replace with a live quote before trading
Trading EURJPY - what to know
A standard lot of EURJPY is 100000 units of the base currency, and one pip = 0.01 on one standard lot. The pair moves mainly during the London (08:00–16:30 UTC), while the JPY side follows Tokyo (00:00–09:00 UTC) plus the London overlap. Yen crosses move fast: 90-120 pips/day. BoJ announcement days and risk-off shocks produce violent reversals. Spreads widen around news and the rollover hour - check your broker's live spread before sizing. This calculator pre-loads a 30-pip example stop and 30:1 leverage as a starting point; always size from your own stop and risk rule.
How this EURJPY calculator works
Position size answers one question: how many lots can you hold so that the distance to your stop costs the risk you chose? For EURJPY, one 1.00 lot is 100,000 units and a one-point move in price (0.01) is worth $6.49 per lot, converted at the sample JPY/USD rate. Multiply that by the number of points in your stop and you have the cost of being wrong.
Worked example — EURJPY
A $10,000 account risking 1% is risking $100. With a 30-point stop that money covers 30 points, so the size is $100 ÷ (30 × $6.49) ≈ 0.513 lots. At 1:30 that position needs about $299,872 of margin at the sample rate of 175.25 — margin is the entry ticket, not the risk. The stop is the risk.
What moves EURJPY
Yen crosses move fast: 90-120 pips/day. BoJ announcement days and risk-off shocks produce violent reversals.
Why the stop sets the size, not the leverage — EURJPY
Raising leverage lets you open a bigger position, which makes the same stop cost more money — it does not make the trade safer or the stop tighter. Size from the chart: find the level that would prove the idea wrong, measure the distance, then let the calculator translate that into lots. If the answer is smaller than your broker's minimum lot, the honest response is to skip the trade, not to widen the stop.
Contract sizes and sample rates follow common CFD specifications; brokers differ, so confirm both on your broker's contract sheet before sizing a live trade.