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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (335166 Views)
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Re: Forex Trade Alerts: Season 21 by harizonal123(m): 8:12pm On Feb 15, 2021 |
highcurrent:Very much on point. Some of my favorite quotes "Good trading is boring, bad trading is exciting and makes the hair on the back of your neck stand up. You can be a bored rich trader or a thrill-seeking gambler. It's entirely your choice." - @markminervini 2 Likes
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Re: Forex Trade Alerts: Season 21 by infofirst(m): 8:42pm On Feb 15, 2021 |
Karleb: Stop trading 50501264. |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 8:43pm On Feb 15, 2021 |
harizonal123: Lucky plus hard and smart work. Keep it up bro. |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:10pm On Feb 15, 2021 |
harizonal123:Lol... So you expect me to start snapping all my trades for 3 months. Oga I am not selling or advertising anything so believing it or not doesn't mean anything to me. After this week I will still end in green, that's what matters to me |
Re: Forex Trade Alerts: Season 21 by Abambam: 9:33pm On Feb 15, 2021 |
Abambam:Waiting for reactions. Reversal usually takes place Wednesday/Thursday.
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Re: Forex Trade Alerts: Season 21 by Nobody: 10:02pm On Feb 15, 2021 |
Abambam:Very kin observation. 1 Like |
Re: Forex Trade Alerts: Season 21 by ogashman(m): 12:00pm On Feb 16, 2021 |
harizonal123: yea. it is a combination of being lucky and a very good strategy. my take is don't be swayed by that. Just keep fine tuning your methods 1 Like |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 12:51pm On Feb 16, 2021 |
jcmaiah: He is not asking you to snap 3months of account activities sir |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 12:56pm On Feb 16, 2021 |
infofirst: 1.4015/1.4017 modified |
Re: Forex Trade Alerts: Season 21 by Nobody: 3:01pm On Feb 16, 2021 |
XAUTrader4L: About 2000+ pips so far
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Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 3:40pm On Feb 16, 2021 |
XAUTrader4L: 200+ pips sir 1 Like |
Re: Forex Trade Alerts: Season 21 by Nobody: 3:58pm On Feb 16, 2021 |
Donvic4u: Gold has a different pip count to currencies. Alot of people are used to the currency pip count thats why i dont mention it to avoid confusion but am used to the gold pip count. 1 Like |
Re: Forex Trade Alerts: Season 21 by MxLawal: 4:44pm On Feb 16, 2021 |
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Re: Forex Trade Alerts: Season 21 by karkinase(m): 6:21pm On Feb 16, 2021 |
Donvic4u:You are right its 200+ pips.. |
Re: Forex Trade Alerts: Season 21 by Nobody: 6:43pm On Feb 16, 2021 |
karkinase: Please how is he right |
Re: Forex Trade Alerts: Season 21 by Nobody: 10:08pm On Feb 16, 2021 |
XAUTrader4L:200 pips is 200 pips. If such short move is 2000pips,then brokers would be broke If your profit is not anywhere close to 5000usd based on the lot I am seeing then it's not anywhere close to 2000pips |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 10:54pm On Feb 16, 2021 |
jcmaiah: The question should be; what was his entry price? Then we can deduce the pips count up to the current price on the screenshot. |
Re: Forex Trade Alerts: Season 21 by Thunday1005(m): 11:05pm On Feb 16, 2021 |
Gold pips counts is the same with currency pips counts. Yet to see a broker that have different pips counts |
Re: Forex Trade Alerts: Season 21 by Nobody: 11:20pm On Feb 16, 2021 |
A pipette is a fraction of a pip. A pip is a fraction of a point. The standard which brokers use to quote their instruments are 2 and 4 decimal places and xauusd is 2 decimal places, though a few brokers quote in 3 and 5 decimal places instead. If gold moves from 1850 to 1851 that is one point or one dollar. If it moves from 1850.00 to 1850.99 that is 100 pips. I stand to be corrected.
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Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 11:54pm On Feb 16, 2021 |
XAUTrader4L: No. That's 9.9 pips. Approximately 10 pips. See this trade I took today. Exactly 20 pips
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Re: Forex Trade Alerts: Season 21 by Nobody: 12:16am On Feb 17, 2021 |
Theyoungmaster: Am guessing thats a dollar account, thats 201 pips precisely. now multiply your lot size with the 201 pips and what do you have? I am still learning. |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 12:20am On Feb 17, 2021 |
XAUTrader4L: Yes, it's a dollar account. 201 pips multiplied by 0.01 lot size(10 cents per pip) equals 2001 cents. 100 cents make a dollar. 2001 cents divided by 100 equals 20 dollars. Yet I made 2 dollars. How do you explain that? |
Re: Forex Trade Alerts: Season 21 by Nobody: 12:30am On Feb 17, 2021 |
Theyoungmaster: The explanation i can give you is since its a dollar account and based on your lot size, for every pip move you gain or lose 0.01 cent and not 10 cents. |
Re: Forex Trade Alerts: Season 21 by harizonal123(m): 12:34am On Feb 17, 2021 |
Theyoungmaster: First calculation right Second calculation wrong. 0.1 pips to be precise not even up to one pip |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 12:47am On Feb 17, 2021 |
XAUTrader4L: For abc/usd and usd/abc pairs. 0.01 lot size means 10 cents per pip. |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 12:49am On Feb 17, 2021 |
harizonal123: I don't understand Sir. |
Re: Forex Trade Alerts: Season 21 by harizonal123(m): 1:02am On Feb 17, 2021 |
Theyoungmaster: For example let us take a look at yesterdays daily candle on gold Open - close= point moved 1819.17 - 1794.33= 24.84points 24.84points= 248.4pips
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Re: Forex Trade Alerts: Season 21 by Nobody: 2:23am On Feb 17, 2021 |
harizonal123: Check the long/short position tool on tradingview, it should corroborate what am saying. It uses ticks for pips. |
Re: Forex Trade Alerts: Season 21 by meshpips(m): 2:53am On Feb 17, 2021 |
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). 2 Likes |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 4:01am On Feb 17, 2021 |
XAUTrader4L: 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? |
Re: Forex Trade Alerts: Season 21 by highcurrent: 6:35am On Feb 17, 2021 |
see back and forth on pips matter. meshpips is right though |
Re: Forex Trade Alerts: Season 21 by Nobody: 7:10am On Feb 17, 2021 |
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 1 Like |
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