That's it - the lot size is 100 troy ( url ) oz. So, it is 1$... using the calculation above... I knew it was some thing fundamentally different b/w currencies & commodities and this makes sense... Ummm, l didn't know this ... many thanks ...

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Ok, this is what I've calculated from info from url Pip value/pair = [currency1][curreny2] = [lot size] x [1 pip (0.00010 or 0.010)] x [currency2] x USD The first currency in a pair is the 'base currency' and the second is the 'quote currency'. ...

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...I usually look at the 1H TF but, recently, also following CT with the 30M. But as you say its a good idea to compare 1MN, 1D, 4H. I really like the 1H TF because its not too short and not very long...

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Thanks Mave. This appears to be a composite pattern consisting of a bear flag, cup&handle followed by a possible inverted head&shoulders. Certainly nothing text-book about it but then again perhaps nothing is? EDT: actually, I just realized that the ...

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If this is the case CT, I stand, embarrassingly , corrected...

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...that is exactly what I was just thinking! We are now near the NL...

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Ooppps, I thought that was a joke, my apologies . Yep, pips (5&3 digit, ECN etc), points (stocks & forex) is all very complicated looking... Have a look at this url

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(You were joking right?)

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Heads up () ... (possible) inverted Head&Shoulders on the 1H TF...

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Well, you would image that if QE was lifted everyone and their chickens (I'm making some assumptions here) would run for AU... traders are suggesting this will impact stocks more so over Forex. However, gold may be another matter entirely. ...

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Hi CT, those targets sound good for a 61.8 retrace on the D TF - as was the case for the last 2 bounces (triple bottom).

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Huge question! Thanks XediAnakin. Ok, I'm again looking at the same formation as previous to the breakdown towards 1237 (that was on the M30 TF and this is H1 TF) - this is like a fractal (in the sense of repeating patterns on different TF's) ...

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Hi Traders, just a quick update... recently got MT4 and started investigating Custom indi's, Scripts, EA's etc. I have now developed a simple indi that I will be using to quickly assess a trade. A big thanks to Mr Bilal Haider ( video ) for making ...

Open Scalping Strategy

abokwaik and landline - some of the best analysis reporting I've read, much appreciated! Hope all goes well next week

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Thanks for the invitation Kah sounds like fun! Ok, it finished on a pivotal moment but we did get a retrace and it kind of looked like it want to break the lows? Hard to tell. Pure pattern-wise this is a move to new lows...

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Have a great weekend CT and all

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...closed below, now anticipating a retrace...

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Thanks Jamil, Kah, CM, Landline, and all... ...and of course CT!

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Hey traders, looking like a classic flag on the 1H TF...

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All the majors as they have minimal spreads... but there is not much on offer at the moment...

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