Stop Loss & Take Profit Calculator BRENT/USD
Calculate stop loss for BRENT/USD
Inputs
Calculate pips to stop loss
$150 ÷ $0.30 = 500.0 pips
= 500.0 pips
Calculate stop loss price
1.000 - (500.0 × 0.01)
= -4.000
Calculate take profit (1:${slcTpRatio})
1.000 + (500.0 × 2 × 0.01)
= 11.000
For BRENT/USD stop loss calculations: BRENT/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 4.0-6.0 pips.
Frequently Asked Questions
Where should I place my stop loss for BRENT/USD?
Stop loss placement for BRENT/USD should be based on technical levels (support/resistance), ATR-based volatility, or a fixed pip distance. Use this calculator to see the price level.
How many pips should my stop loss be for BRENT/USD?
Stop loss distance for BRENT/USD varies by strategy and timeframe. Scalpers may use 10-20 pips, day traders 30-50 pips, and swing traders 100+ pips on this commodity pair.
Should I use a tight or wide stop for BRENT/USD?
For BRENT/USD, consider its typical volatility and spread. Tight stops may get hit by normal price fluctuations. The stop should be beyond market noise but within your risk tolerance.