Stop Loss & Take Profit Calculator USD/JPY
Using estimated rate
Calculate stop loss for USD/JPY
Inputs
Calculate pips to stop loss
$150 ÷ $2.01 = 74.8 pips
= 74.8 pips
Calculate stop loss price
149.500 - (74.8 × 0.01)
= 148.752
Calculate take profit (1:${slcTpRatio})
149.500 + (74.8 × 2 × 0.01)
= 150.995
For USD/JPY stop loss calculations: USD/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This major pair has typical spreads of 0.7-1.2 pips with high liquidity across all sessions.
Frequently Asked Questions
Where should I place my stop loss for USD/JPY?
Stop loss placement for USD/JPY 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 USD/JPY?
Stop loss distance for USD/JPY varies by strategy and timeframe. Scalpers may use 10-20 pips, day traders 30-50 pips, and swing traders 100+ pips on this major pair.
Should I use a tight or wide stop for USD/JPY?
For USD/JPY, 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.