Pips, as 5th digit calculated: entry price - now price = 12.59500-12.56522 = 2978 pipette then P/L = PipValue*EarnedPips = 0.2/USDSEK * 2978 = (0.2/9.78600)*2978 = 60.86 USD. Take USDSEK Ask price, since it is a short position. it is a concise ...

Trade All: Currencies+Indices+Metals

image Ask yourself, why GBPSEK P/L is now exactly 60.86 USD?

Trade All: Currencies+Indices+Metals

example-2: GBPSEK PipValue for 0.2 Lots ---------> QQQ=SEK DDD=USD ===> QQQDDD=SEKUSD Dc=5 The pip value of the last digit, 5th , Ds=0 Pipvalue=SEKUSD*0.20*100,000/10*5 =0.2*SEKUSD on our terminals we can not find pair named SEKUSD! we find its ...

Trade All: Currencies+Indices+Metals

we have to know all of this to manage our transactions here in a comprehensive manner, especially risk-management matters.

Trade All: Currencies+Indices+Metals

building concise knowledge: example-1: EURUSD PipValue for 1 Lot ---------> QQQ=USD DDD=USD ===> QQQDDD=USDUSD Dc is the number of digits after Decimal, for EURUSD -- Dc=5 Ds is the number of digits omitted from price. ...

Trade All: Currencies+Indices+Metals

toward building reliable knowlde the pictured content has been added to the thread header. pipValue = QQQDDD * Lots * ContractSize / 10^(Dc-Ds)

Trade All: Currencies+Indices+Metals

What is your platform?

Just Regular S&R Day Trading

image

Trade All: Currencies+Indices+Metals

more 5 positions have been executed this noon and so on. EURNZD-GBPNZD GBPUSD-GBPSEK EURAUD GBPSEK!!!

Trade All: Currencies+Indices+Metals

we have many posts supported by charts and fundementals for indices, 1-we have some positions on US100 and DAX 2-There is some speech abour Compnies earnings etc... but now- is it south or north!! I guess they are now at "Arctic Ocean"

Trade All: Currencies+Indices+Metals

EURNZD is now 1.7640 it is drawing near our entry pending point 1.7650

Trade All: Currencies+Indices+Metals

extreme case-1: -+ GBPNZD = GBPUSD / NZDUSD = 1.2583 / 0.6379 = 1.9726 (extreme change> 450 pips) extreme case-2: +- GBPNZD = GBPUSD / NZDUSD = 1.2783 / 0.6179 = 2.0688 (extreme change>450 pips) ===== FACT: if GBPUSD goes up 100 pips, while NZDUSD ...

Trade All: Currencies+Indices+Metals

which is much safer to analyze: USDJPY, or GBPUSD, or GBPJPY of course GBPJPY, Reason: you analyze it 3 times: 1) GBPJPY itself, 2) analysis of GBPUSD, 3) analysis of USDJPY.

Trade All: Currencies+Indices+Metals

and starting from exchange rate equations, one can start learning technical analysis. for example, the high of GBPJPY almost will happen at the time of the high of USDJPY. (and sometime at the time of GBPUSD) there is a technical point on the chart, ...

Trade All: Currencies+Indices+Metals

for GBPJPY, extreme cases are ++ and -- while for GBPNZD, extreme cases are +- or -+ first one is "multiply" second one is "divide" all these are FACTS and one should learn before studying market, otherwise he is wasting his and others time. if ...

Trade All: Currencies+Indices+Metals

image assume + of plus 100 pips and - of minus 100 pips: Now case: 00 GBPNZD = GBPUSD / NZDUSD = 1.2683 / 0.6279 = 2.0199 (You know spread difference) extreme case-1: -+ GBPNZD = GBPUSD / NZDUSD = 1.2583 / 0.6379 = 1.9726 (extreme change> 450 ...

Trade All: Currencies+Indices+Metals

amr.gameil astonishing question! for Dow, I can not visualize it!!!! Reason: Dow in some way is a dollar-pair (evaluated in USD) but for Gold, XAUEUR = XAUUSD/EURUSD (Division) so: extreme cases for XAUEUR is +- or -+ since it is a divisive pair. ...

Trade All: Currencies+Indices+Metals

the whole content of this thread will be revised then amended-if no escape- to be one of the greatest beneficial sources in FF, aiming to remedy most of the forex traders' abysmal ignorance, including me. it will be organized in such a way one has ...

Trade All: Currencies+Indices+Metals

TE Pending orders

Trade All: Currencies+Indices+Metals

good start mate my best wishs you disable shout on your page! ??

Quad Candle System