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Long Position Profit

Example:
1 lot long position in EURUSD at 1.10230

Profit Scenario:
The price for EURUSD increased by 30 pips to 1.10530.

1 lot Long Price Current Price
100,000 1.10230 1.10530

There is an increase by 30 pips or by 0.003

Profit = 100,000 x (0.003) = $300

Long Position Loss

Example:
1 lot long position in EURUSD at 1.10230

Profit Scenario:
The price for EURUSD decreased by 20 pips to 1.10030.

1 lot Long Price Current Price
100,000 1.10230 1.10030

There is an decrease by 20 pips or by 0.002

Loss = 100,000 x (-0.002) = -$200