Donvic4u:


The best explanation I can give u is,
From ur screenshot I can approximate ur entry to be around 1820.
Price is around 1794 at the time of typing.
Your approximate profit pips is 260 x 0.25 = $650.
But going by your own explanation, then u should be having around $6500 profit.

So boss @Xautrader4L , which estimate is correct?

Ah am not a boss o, leave that one for people like infofirst. Anyway 2600 × 0.25 = 650

I just had a big realization. Forex and commodities price charts are not meant to be traded upon. They are simply indicators to your physical business. And you really can't lose. If for instance you expect silver to go up and you bought it (physically) and it's price is going down, you can still make money by simply buying and selling it! Brokers are not really there to make it easier but to make you broke. Unless you are into stocks.

meshpips:
A $10 price change for gold is the equivalent of 100 pips of EURUSD.

If the price of gold falls from 1900 to 1890 ($10 price change), this will be the equivalent of EURUSD declining from 1.2100 to 1.2000 (100 pips).

We are on the same page with the price change. That $10 price change is 1000 pips for gold and like you have written 100 pips for eurusd. It is the decimal placing

XAUTrader4L:



Ah am not a boss o, leave that one for people like infofirst. Anyway 2600 × 0.25 = 650

Lol...
Seems u don't want to learn sha...

Most important thing is you are making the pips...

Enjoy

Watching the black support line for a buy on gu

Donvic4u:



Lol...
Seems u don't want to learn sha...

Most important thing is you are making the pips...

Enjoy

https://ww.babypips.com/learn/forex/pips-and-pipettes

add w

I think this settles it. xautrader is spot on actually. I bow to superior argument.

Theyoungmaster:
I think this settles it. xautrader is spot on actually. I bow to superior argument.

How?
Where is the 2000 pips?

Gold pips counts on myfxbook will show 2000+ pips

But the dollar value will be the same as having 200 pips on EURUSD.

Different pips counts but the same dollar value

jcmaiah:
Xautrader4L
Upload your account to myfxbook and solve this pip matter once and for all. There you will see your pip count after close of trade

Different pips count but still same dollar value as trading 200 pips on EURUSD

Theyoungmaster:
I think this settles it. xautrader is spot on actually. I bow to superior argument.

I was counting it according to the dollar value..

OK I understand where he is coming from now

Donvic4u:
I was counting it according to the dollar value..

OK I understand where he is coming from now

Yeah. I was counting it according to dollar value too till I checked myfxbook and realized he was talking about pips count.

This kind back and forth arguments and educating and make this forum fun. We need more of such.

Thunday1005:
Different pips count but still same dollar value as trading 200 pips on EURUSD

Exactly.

Theyoungmaster:


This kind back and forth arguments and educating and make this forum fun. We need more of such.

Yeah. It has been discussed in the past nd just wanted to see how it will end.

@XAUTrader4L was right with what he was saying. Some did not just understand his point
Others were right too. Just same result but different approach

infofirst:


Yeah. It has been discussed in the past nd just wanted to see how it will end.

@XAUTrader4L was right with what he was saying. Some did not just understand his point
Others were right too. Just same result but different approach

Good morning boss. I leant you were organizing a contest. please sir I would like to participate if it's still on

Abambam:
I don't know if it will work out or not. Stop loss usually 50 - 100pips. Long term

Abambam:
eurusd

Fear of missing out.

This week's contest is crazy! Prosperotrading and Crixx be doing magic! Damn bro!
Nice one.

Selling

infofirst:
I am in Gold sell. Will love to see gold visit 176*** before uptrend resumes. Who has same bias all along?

Impatience hum... Despite this believe on feb 3rd, today 17th, it happened and I got net losses in full doses.

Never give up. On to the next.

Theyoungmaster:
This week's contest is crazy! Prosperotrading and Crixx be doing magic! Damn bro!
Nice one.

Am telling you.

Abambam:
Waiting for reactions. Reversal usually takes place Wednesday/Thursday.

Nzdcad

First of all, if you are trader or u came across trading anyhow and you seem interested in forex please don't leave it and don't give up its GOD'S PLAN, honestly forex is the future tho it's not for everybody but it is bound to make you rich if you consistent and value KNOWLEDGE, it is not for the weak BE STRONG PSYCHOLOGICALLY, EMOTIONALLY, HAVE A PLAN you'll win, have this (IF YOU DON'T RISK IT, NO BISCUIT) mindset.
Note I'm just a regular profitable trader not a sales man. Now, what I'm bringing to y'all today is a binary bot, that's make profit for you while trading. And yes if you have the money just buy it, its 40usd only and it's 100% worth it, i am a day trader myself and there is something that gets in the way of Traders, and that's our emotions. It makes us vulnerable while trading my manipulating our actions with impatience and mostly FEAR, i am still a day trader till today! But i so much value this robot cos it trades with zero EMOTIONS, zero empathy and 100% execution based on its rule based strategy that is proven to be profitable in the long run. i just been waking up to profits and making withdrawal steady, Trust me if u find this you're lucky this is not a sale it's a GIFT. People hardly appreciate these days so it's gotta cost you. I also have a day Trading strategy for active traders that like to execute trades themselves, honestly i bought this strategy 500usd and it's the easiest shit ever, I'll give a serious trader for FREE, but the robot is not free cos it'll be a property for you that make you money on the go both for (experienced and inexperienced traders) . Note there will be losses nothin is 100%. Example i deposited 100usd it took 15 trades 12 won, 3 lost, balance 465 usd. Depending on your risk tolerance.
It works for both pc and mobile.
HMU if you like: 090 6549 4057

Daytrader1:


Note I'm just a regular profitable trader not a sales man. Now, what I'm bringing to y'all today is a binary bot, that's make profit for you while trading. And yes if you have the money just buy it, its 40usd only and it's 100% worth it,


i bought this strategy 500usd and it's the easiest shit ever, I'll give a serious trader for FREE, but the robot is not free cos it'll be a property for you that make you money

I'm not a sales person bla bla bla, and went ahead to pitch sales hehehe such a joker. I'm sure you are excited, for your mind, plenty mugun dey here LOL.

TheYoda:
I'm not a sales person bla bla bla, and went ahead to pitch sales hehehe such a joker. I'm sure you are excited, for your mind, plenty mugun dey here LOL.

I'm not a sales person, truly if i was this write up woulda been different. Well people reason in perspective sha

Daytrader1:

I'm not a sales person, truly if i was this write up woulda been different. Well people reason in perspective sha

bro just walk away jejely or u else na oyo u dey

ogashman:
Watching the black support line for a buy on gu

I am looking around there also. I hope it holds

Abambam:
eurusd

Abambam:
Fear of missing out.

TP hit.

bigbasho:


I am looking around there also. I hope it holds

I personally prefer the Demand area around 1.3685 from your posted chart.
My rule of thumb is, whenever I see supply and demand, I like to use the next one. I always try to avoid the first one on the chart.

I anonymously emailed you something few days ago, I use that in confluence with the next demand or supply on chart. I skip the immediate supply and demand, support and resistance.

bigbasho:


I am looking around there also. I hope it holds

Quite possibly, we will see a bounce from 1.3801 to 1.3888 and then sellers can step in again.

Trade safe!

meshpips:


Quite possibly, we will see a bounce from 1.3801 to 1.3888 and then sellers can step in again.

Trade safe!

Thank you