Designing Forex Systems

[Strw23]

Hello All

I would like to eventually get into Forex and was looking at some charts the other day and came across a problem I was wondering if someone could help me with.

My understanding is that when you are given a currency pair the price is in the second currency eg AUD/USD $0.75 meaning it only takes US$0.75 to buy A$1.00.

The question I have is when I now look at GBP/JPY 202.40 meaning it takes 202.40 yen to buy 1 pound. This price and chart are not in AUS$ and obviously dont work when I try to run a simulation in Tradesim because it sees 202.40 and assumes it is dollars.

How do other people get around this and do their testing?

Scott

[Strw23]

Does nobody here trade forex? Even if you dont trade Forex does anybody have an idea of how to get around this problem. :banghead:

Scott

[MARKETWAVES]

INTERESTED IN FOREX ?

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All your questions will be answered over there.

[tech/a]

Does nobody here trade forex? Even if you dont trade Forex does anybody have an idea of how to get around this problem. :banghead:

Scott

Scott.

The problem has arisen before Ive seen it discussed.
If you mail David and ask him the question I'm sure he can help.
I think you may also find the answer on the Tradesim forum site.
Infact if you post your question there Im sure you'll get an answer.