Well...im not an expert...but here is my calculation of it (RR may confirm): Lets say gold ounce is at 1600$. Leverage i have is 1:200 So unit price is (1600/200) = 8$. So if i have 5000$ on my acct and want to trade max 5% of it.. (5% * 5000) = ...

High velocity trading

Its a lot of money...but if you have 300,000$ on your acct this is less than 10% of your account with 1:200 leverage with ounce at 1600$. For yesterday drop of 50$ that would mean a profit of around 175 000$ ! Wow!

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I mean units of what i trade. For gold, when i say 50 units i mean 50 ounces. I dont know if RR refer to the same thing when he refers to units.

High velocity trading

Well...it depend how confident i feel about a trade. But dont forget im still at the learning stage. When im very confident, i normally trade 50 units on Gold. This may sound small but for yesterday drop..this could have been a profit of around ...

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No i dont have Skype. But i will get it this week.

High velocity trading

No i dont have it! Will get it during the week and ill let you know!

High velocity trading

It would be great to have a "live chat" on this website.

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For yesterday i mean. (for the setup of yesterday)

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Yes if we think about it...its seem to be lot of money but when i trade i just try to forget its money! I see them as points....lol But yes im happy with it...but surely i can make lot more on this nice red ride! Thanks to RR for pointing it to ...

High velocity trading

I cashed in a bit of money but not the whole ride. Total profit of 659$ for this ride... but i should have made a lot more money on this one! No Loss so im happy with it! You did the whole ride ??

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Sorry Steve i was away for a bike ride! Im back now and no i dont have any open positions! 0 position today. I will be more active tomrw. You ?

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Should we wait the neckline to be break before going long ? Or we should just not touch it at all ?

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Great then! Have a good 10km routine! Today i also take an easy day (off work)...waiting a call from a friend of mine and we go for a bike ride! This is exactly the bike i ride (its not my bike on the picture...i googled it but my bike is almost ...

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End for today ? Will you be in front of your computer today ?

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I would take one right now!

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I have moved my SL. I had a profit in head and i moved it to secure my position. I have to leave the office right now. My TP is at 1584 wich for me seem to be the support level of the double top in 1H time frame. This is a position i love...i can go ...

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I think you should look at the close. Wow Gold go down fast! Im happy i still have a short going on now. I opened this trade less than 1 hour ago and already in profit over 550$...for now!

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Do you still have short on Gold Steveballmer ? I do now but a very tight SL.

High velocity trading

Donny_1986. Will be great if you can give intraday advice concerning your prediction! Hope to hear from you soon. Nice prediction btw.

Daily GOLD

Good advice. Thank you.

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