You are 100% correct the value of a XAUUSD pip is $1 but some forex dealers use 3 digits instead of 2. For me the third digit is useless.

Renko trading using proven strategy

FPA's analysis: "Gold is drifting lower, according to our technical picture. We suggest that major background of this action is US election scandal that spinning up. The leading US agencies reports about fraud of Dominion system and other cases. Few ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Here is today's FPA analysis. Right or wrong? url

Cable Update (GBPUSD)

We all love that Digger ATM

"AUSSI" my thread and anything I want to put here

Cable used to trade with an ATR of 150+ and these days it barely makes it to 100. The bigger the ATR the more chances to make a profit since losing a trade will not ruin our day but with a low ATR it's much more harder to recover; at least the same ...

Cable Update (GBPUSD)

Bitcoin went up $265 today but trading it using a 20 pips Renko chart is easier and more profitable than trading it using a time based chart.

Bitcoin technical analysis

WTI went up 23¢ today but the below average ATR still produced a few good trades.

WTI Crude Oil Trading

WTI went up 23¢ today but the below average ATR produced a few trading opportunities.

WTI Crude Oil (TRENDSURFING - with the help of the model)

I rarely leave a trade open overnight but I could not resist Went to bed with 70 pips woke up with 40 pips ... oh well.

Swing Trades DAX/DOW/NQ/GOLD

NG went up 1¢ today but, unlike yesterday, the low ATR still produced a few trades.

Oil and Natural Gas

With today's ATR of 69 trading there were basically no good trading opportunities.

Cable Update (GBPUSD)

Actually STS works in points not pips. Please take a look at the source chart and the Renko chart. 100 points = 10 pips.

Renko trading using proven strategy

All trades are entered independently. I mostly trade the DJ30. I tried the DAX and the FTSE but while the DAX is good the FTSE is atrocious. Today the ATR was 71 while it was 140 for the DAX. On the other hand it is 329 for the Dow. No good trades ...

WTI Crude Oil Trading

The post above may help you. I use the infoboard indicator because it indicates the fractal trend by timeframe and ATR data. If all fractal trends are down it might be dangerous to initiate a buy trade because it may not last long enough to make a ...

WTI Crude Oil Trading

Please take a look at this post and you will see how to trade the strategy properly and the problems with the Half Trend TT because it repaints. url I enter into a trade when I get an arrow and the FX Bay MACD line is crossing the zero line. If ...

WTI Crude Oil Trading

Please take a look at this video. It's obvious that with hard work, perseverance and dedication every trader can succeed. url

Justin's Playground

The problem with trading anything is that you need to first learn the ropes then try many strategies until you find one that fits your trading style. I learned trading stocks from my father then I traded stock options and warrants and believe me it ...

Justin's Playground

Good analysis but the bearish bat forgot to fly as Bitcoin went up $909 today. Looks like there are serious BTC buyers.

Bitcoin technical analysis

WTI went down 9¢ but the below average ATR still produced a few good trades today.

WTI Crude Oil Trading

WTI went down 9¢ or 2% today with a below average ATR.

WTI Crude Oil (TRENDSURFING - with the help of the model)