DislikedAgreed but you're mising the point.
A 10 pip move on gold is the same as a 1 pip move on EU.
Yes if you trade 10 lots its worth more but I would rather put my 10 lots on the EU.Ignored
Imanuel Parsifal
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DislikedAgreed but you're mising the point.
A 10 pip move on gold is the same as a 1 pip move on EU.
Yes if you trade 10 lots its worth more but I would rather put my 10 lots on the EU.Ignored
Dislikedso you put your 10lots on e/u,i put my 10 lot on e/u and put another 10lot on gold..i make more money...gold moves minimum of 10,000pips on an avergae day..so where is you argurement coming from..we should nt trade gold or whatIgnored
DislikedSounds like you're trying to call the bottom lol.
BTW I agree just not prepared to trade it till I get a bit more confirmation.Ignored
DislikedDoes anyone have up to date heating oil chart they could post, 4h chartIgnored
Dislikedlol. daily gann flipped and daily qqe crossed @ the same time. need to wait for close, but think it's safe to say flipped.
i had 142.50 in mind before.... but looks like this is something else.
need to ask karmo for a confirmation.Ignored
DislikedThanks mate, looks like i should wait about a week or so before i fill the tank againIgnored
DislikedI would like to hear more....what does it mean "daily gann may have flipped"? sorry what is qqe? sort of nubie?Ignored
DislikedHi Piters,
If one wants to go long on retraction, what do you suggest as a viable upside level? Thank you for help.Ignored
Dislikeddamn i could have saved myself the comission ... you could have just sent the money right to my account . GJ 140 in the next volume session before any form of major retracement. all that happened today was selling and more sellingIgnored
DislikedLet me explain this in simple terms that even someone of limited intelligence may eventually be able to understand.
If a pip is only worth 10c on Gold but $1 on EU - that means that each pip gained on Gold is worth yep you guessed it - 10c,
So in order to make the same amount of profit on Gold you need to trade 10 times the number of lots that you do on EU.
Ergo your 10,000 pips is actually only worth 10,000/10 = 1,000 pips.
Get it - If not print this and read it again when you feel better.Ignored