I am working on an automated financial trading strategy and I need help with a formula.
I need to earn $12.00 from an increase of 14.3 Pips.
In my most recent trade, I lost $10.53 by loosing 4.6 Pips trading a volume of 80000 units.
Presuming that I am guaranteed to win my trade, what volume would I need to trade to earn exactly $15.00?
Please provide me with the formula for this, thanks!