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stewrigh replied Oct 17, 2012Yeah I just came off the phone to them - and it's all good - just me being a dumbass. Basically $1 = 1 pip but they price it to 1 dec place.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Thats where I was till today except ppl were getting excited about 200 pip moves and on my broker it was 2 - but it's all relative I guess if I'm trading $33 pip.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Thanks T - guess theres no difference really just sounds better if you make 100 pips rather than 1. But if 100 pips is in microlots and the otheer in full contracts there is no difference. I wondered why one of my brokers gold contracts was $33/pip ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Yeah I guess I just need to increase the lot size.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012When gold only moves $10/20 a day it's hardly worth bothering.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Thanks XT looks like I need a new broker
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Hi all, Can I ask you a q - what is the value of a pip with your brokers. e.g. on mine a $1 move per gold ounce = 1 pip but I saw some on FF reckon that should be 100 pips??
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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stewrigh replied Oct 17, 2012Either - more sideways action or a bounce maybe. image
Silent Service Method
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stewrigh replied Oct 17, 2012
With PM's I only have one strategy - buy the dips lol.Silent Service Method
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stewrigh replied Oct 17, 2012Absolutely, but I don't think of them as commodities - even my broker has them in the currencies tab.
Silent Service Method
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stewrigh replied Oct 17, 2012I think this one has a lot of potential and the swap is nowhere near as bad as the Audchf.
Silent Service Method
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stewrigh replied Oct 17, 2012I posted this chart awhile ago - descending triangle played out(at last). image
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stewrigh replied Oct 16, 2012yeah if it wasn't for the bloody swap cost so would I be GL.
Silent Service Method
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stewrigh replied Oct 16, 2012That's why I have real trouble trading EU - they're both a pile of *** It's also why I thought hedging might work
Silent Service Method