ets assume that the 6E moved 31 pips in our favor

The " Value " of the 6E is $125,000

To figure out how much we made, do we just multiply........ $125,000 x .0031 ?

And what about or the Micros ...... the 6E micro = $125 ......... so is it $125 x .31 ?

Thanks so much for the help

md1933 

ets assume that the 6E moved 31 pips in our favor The " Value " of the 6E is $125,000 To figure out how much we made, do we just multiply........ $125,000 x .0031 ? And what about or the Micros ...... the 6E micro = $125 ......... so is it $125 x .31 ? Thanks so much for the help

6E is a future contract, you don't talk about pips (forex) , but about ticks
in 6E one tick is 6.25 (last year it changed from 12.5 to half ticks)

you can find all of the instruments and their properties on the CME site
Euro FX Futures (EUR/USD) Contract Specs - CME Group