Stop Loss & Take Profit Calculator EUR/TRY
Using estimated rate
Calculate stop loss for EUR/TRY
Inputs
Calculate pips to stop loss
$150 ÷ $3.00 = 50.0 pips
= 50.0 pips
Calculate stop loss price
1.00000 - (50.0 × 0.0001)
= 0.99500
Calculate take profit (1:${slcTpRatio})
1.00000 + (50.0 × 2 × 0.0001)
= 1.01000
For EUR/TRY stop loss calculations: EUR/TRY uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (50-90 pips) due to lower trading volume.
Frequently Asked Questions
Where should I place my stop loss for EUR/TRY?
Stop loss placement for EUR/TRY 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 EUR/TRY?
Stop loss distance for EUR/TRY varies by strategy and timeframe. Scalpers may use 10-20 pips, day traders 30-50 pips, and swing traders 100+ pips on this exotic pair.
Should I use a tight or wide stop for EUR/TRY?
For EUR/TRY, 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.