Non-Dollar Currency Crosses

[darckeen]

When looking at strategy results cumulative returns why does it usually seem off by what you would expect with net profit/$100000 account size. Also how is the profit for non dollar fx crosses reported. Say i enter a trade and buy GBP/sell JPY when i exit is the net profit/loss reports in GBP? In a related question what determines the cumulative return for non dollar crosses because sometimes these can get way outta whack with what you'd expect.

Like in the screenie below GBPJPY makes 5450 (GBP i'm guessing) then its reported as +3.71% on a sim account size of 100000. If the amount is in USD then it should be around 5% and if its in GBP it should be around 8%.

TIA

[NinjaTrader_RJ]

Hello,

Thank you for your post.

1.) You are looking at cumulative profit, not trade profit against original account value.

2.) NinjaTrader uses US$ amounts only.

[darckeen]

So the gain in GBPJPY is being reported in USD?

[NinjaTrader_RJ]

So the gain in GBPJPY is being reported in USD?

----> Correct.