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- calisto77 replied Mar 20, 2019
thanks YG10 I agree 100% that stop should be placed on a technical basis but often bars have long wicks which makes using them a nono -- so I guess drop down to a lower TF for a better stop I was misinterpreting the PIP value -- @ $100 per $1 price ...
- calisto77 replied Mar 19, 2019
re stops as a newcomer to XAU, there's a lot of movement daily -- some days many $ if I've got this correctly, $1 = 100 pips @ ~US$10 = $1000 per $1 so can regular XAU traders assist on -- what you use as a "reasonable stop" it seems that a 50c ( ...
- calisto77 replied Oct 3, 2018
just to clarify it a stoploss placed $5.50 away from entry price is in $ 55.0 seems too small
- calisto77 replied Oct 3, 2018
I'd like to learn some of the intracies of trading Gold & this seems a good place one thing I'm confused on -- pip value if XAUUSD is quoted say 1200.00 & goes to 1205.00 my impression is that's $5 X 100c = 500 pips @ ~ USD10 per pip seems far too ...
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