10X to 1000X, depends upon your size.
Hello, fellow traders. When someone discusses lot size, it ultimately depends on the size of your account and available margin. Yes, you can potentially make 10-100 times the profit on the trade I'm about to share with you. Currently, the price is at a strong support level, and I anticipate it will move up by 10-20 pips this week. The lower red line represents my personal markup levels, which I use to create my own signals. Additionally, we've been in an uptrend for the past few weeks, and according to technical analysis, we are poised for a breakout in the next two days, barring any unexpected factors that might alter the direction.
Please exercise caution and consider your lot size and account size carefully, as well as the importance of a solid support level. I recommend placing a stop loss just below this level to protect your investment. Over the next two days, we have factory orders and PMI data releases. If we see strong data, it could lead to an uptick in the
DXY (US Dollar Index), which might impact the price of 
XAU (Gold) in the opposite direction.
When entering a trade, there are two main factors to consider, along with others like daily, weekly, and monthly highs, order blocks, and so on. The trade I'm looking at has a potential risk-reward ratio of 5:20 with just one lot. I personally have a larger account that allows me to take this trade, but it's smaller than the trades I execute with my main live account. To play it safe, you can also consider a 3:10 but you have to wait for that entry as price to slip down risk-reward ratio, which can still be a profitable trade. If you're an experienced trader, you'll likely recognize my trade based on my risk-reward ratio.
If you have any other questions or concerns about this trade, please feel free to comment below.
Please exercise caution and consider your lot size and account size carefully, as well as the importance of a solid support level. I recommend placing a stop loss just below this level to protect your investment. Over the next two days, we have factory orders and PMI data releases. If we see strong data, it could lead to an uptick in the
DXY (US Dollar Index), which might impact the price of XAU (Gold) in the opposite direction. When entering a trade, there are two main factors to consider, along with others like daily, weekly, and monthly highs, order blocks, and so on. The trade I'm looking at has a potential risk-reward ratio of 5:20 with just one lot. I personally have a larger account that allows me to take this trade, but it's smaller than the trades I execute with my main live account. To play it safe, you can also consider a 3:10 but you have to wait for that entry as price to slip down risk-reward ratio, which can still be a profitable trade. If you're an experienced trader, you'll likely recognize my trade based on my risk-reward ratio.
If you have any other questions or concerns about this trade, please feel free to comment below.
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