Gaya Trading Yang Bisa Anda Gunakan || Trading Style Which Can Be Used By You

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Generally, we use H1 time frame as the standard M30 and M15 are just for comparison. To see the volatility Then, the profit target is different. In XAU, it's around 100 - 200 Pips I'll explain the usage of Pips so that there will be no miss understanding I'll try to explain the usage of Pips here Pips "You may take a break, sir" Please wait, sir. Maybe there is trouble, but it's ok. Can you see the screen? "Yes, I can" Go back to the meaning of Pips What I mean by Pips is the smallest unit of a pair movement The basic that we use is 5 digits after the comma Why do we use 5 digits? Because the newest is 5 digits It used to be 4 digits For example, EU (EUR/USD) = 1.1483 These are 4 digits Now, they use 5 digits. Because many transactions enter the market everyday so the 4 digits can't accommodate them So, it increases to 5 digits This is the example It's also same like we count the number that we push. I mean mini member counter tool

It has digit too. For example, it's 4 digits So, for 4 digits, the most is 9999 If the member is more than 10.000, the counter tool can't count it 4 digits can't count it anymore So, it must increase to 5 digits Then, it can be 99999 It's also same like forex market This is the example. I use EUR/USD as the basic At the right side, there is price of EUR/USD 1 EUR = 1.18685 Or if we see the line at this top, 1 EUR = 1.18748 There are 5 digits after the comma

Then, if it goes down up to here How many Pips does it go down? We saw the top, now, we see the bottom I color it as yellow From the first number, which is at the top, 1.18748. It goes down to 1.18691 If we measure it, we drag the crosshair In the middle, there is 57 What I mean by Pips is the distance from this top to this bottom I use Pips term, it's 57 Pips Because I use 5 digits after comma as the basic The standard is EUR/USD Because every broker is different. There are some brokers which use 4 digits after comma See the numbers after the comma If the basic is 5 numbers, it's same. If we measure it.. It's 58 Pips. It uses 5 digits If you use 4 digits, just divide it with 10 So, it's not 58 but it's 5.8 Pips

Because for 4 digits, the behind cent isn't included. The more valid is broker which use 5 digits When the transaction is getting increase, 4 digits are unable to accommodate much transactions So, we must increase the budget becomes 5 digits. One day, it will increase again Now, it's 5 digits. Later, it will increase to 6 digits if the daily transactions are getting much Forex has the biggest daily transactions Even, it reached \$4 trillion in a day, yesterday. Now, it increases \$4 trillion in a day cycle It's much bigger than New York Stock Exchange cycle When I mention Pips, I use 5 digits after the comma If I mention it 100 Pips, it becomes 10 Pips in the 4 digits If I mention it 200 Pips, it becomes 20 Pips in the 4 digits Don't you feel dizzy with that. The point is you understand it

I still use 5 digits. In XAU, the profit target can be from 100 - 200 Pips In the Euro, it will be different If you still don't understand about Pips, you may ask me Now, go back to our target If we use XAU/USD, our average target is 100 - 200 Pips per transaction Then, in EUR/USD, it's around 50 - 80 Pips In GBP/USD or GBP/JPY, it could be 70 - 100 Pips If we use XAU, this is the average For every transaction, we close it at 100 - 200 Pips Do we must close it at that Pips? No. We see the market condition later If it's impossible, we can close the profit under it or even above it The point is you know the average target for every transaction Then, pay attention when we use another trading type For day trading, we use M15, M30, and H1 time frame H1 becomes the standard The first is Day trading to be continued...

2021-08-08 22:38

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