FxPot : Day trading Spot gold (XAU/USD) and Euro (EUR/USD)



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[ Terms ]
BUY : Buy (open buy-position)
BUY-Hold : Hold existing Buy-position without another buying
BUY-Add : Buy more with holding existing Buy-position
BUY-CloseN : Close all Buy-Positions Now, expected not to hit the target
BUY-CloseT : Close all Buy-Positions at around Target, expected to hit the target
SELL : Sell (open sell-position)
SELL-Hold : Hold existing Sell-position without another selling
SELL-Add : Sell more with holding existing Sell-position
SELL-CloseN : Close all Sell-Positions Now, expected not to hit the target
SELL-CloseT : Close all Sell-Positions at around Target, expected to hit the target
Watch : Watching with interest
Uninterested : Not interested yet


FxPot : Day trading Spot gold (XAU/USD) and Euro (EUR/USD)
FxPot = Forex + Jackpot, meaing Hit it Big in the Forex market. Day trading is known to be risky. I feel the same way, too. We can say, in some ways, it is similar to Jackpot. However, many traders seem to be fascinated. The greater the risk, the bigger the profit, maybe.

There will be more swing trading ideas than day trading ideas. Trading ideas above are simply my views and I don't think they are so meaningful to trend (position) traders. Please, do not visit this page often. Use them as simple references only. Hit it Big!

Spot Gold (XAU/USD) : XAU refers to the ISO 4217 standard code for one troy ounce of gold. 1 troy ounce (oz t) = 31.1034768 grams. XAU (99.99 percent pure gold = 24K gold) : 24k gold means that all 24 parts in the gold are all pure gold without traces of any other metals. Used throughout the world as real money. World consumption of gold: about 50% in jewelry, 40% in investments, and 10% in industry.