Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Please confirm the following tick moves/counts and the associated gain/loss
ES contract
from 1426.25 to 1436.25 is 40 ticks = 40*12.5=$500.00 gain/loss
ZN contract
from 132'240 to 133'240 is 32 ticks = 32*15.625=$500 gain/loss
GC contract
from 1731.8 to 1729.8 is 20 ticks = 20*10=$200 gain/loss
6E contract
from 1.2909 to 1.2839 is 70 ticks = 70*10=$700 gain/loss
mt
Can you help answer these questions from other members on NexusFi?
1. Let's see if we can understand the specifications for Gold...
"Price Quotation = U.S. Dollars and Cents per troy ounce" means that an increase of 1.0 of GC price is an increase of $1 of the price of troy ounce
Since, "Minimum Fluctuation = $0.10 per troy ounce", we can conclude that a tick is an increment of 0.1 in GC price 1 tick = 0.1 of GC point
What is its value?
1 tick = $0.10 per troy ounce
A full contract = 100 troy ounces
So 1 tick = $10
