Qazi Forex Tips
I have been trading forex and Gold since 2013. Like every trader I went through the ups and downs, and those years taught me what keeps an account alive: clear price action, a fixed risk on every trade, and the discipline to follow a plan.
From Dr. Qazi's story
How Gold is quoted
XAUUSD is the price of one troy ounce of Gold in US dollars, for example 2,350.45. On most brokers 1 lot = 100 ounces, so:
- a $1 move = $100 per lot
- = $10 per 0.10 lot
- = $1 per 0.01 lot
Check the contract size in your broker's symbol specification, because some brokers differ.
Lot size for Gold
Lot = money at risk ÷ (stop distance in dollars × $100). Example: $20 risk, stop $5 away: 20 ÷ (5 × 100) = 0.04 lot. A $20 stop with the same risk needs 0.01 lot.
What moves Gold
- The US dollar: Gold often moves opposite to the dollar.
- Interest rates and the Fed: higher real yields tend to weigh on Gold.
- US data: NFP, CPI and Fed decisions cause the biggest spikes.
- Risk sentiment: Gold is treated as a safe haven in times of stress.
These are tendencies, not rules; price can react differently on any given day.
When to trade it from Pakistan
The cleanest moves usually come in the London session and the London–New York overlap, about 5:00–9:00 PM in summer and 6:00–10:00 PM in winter (Pakistan time). In India add 30 minutes: about 5:30–9:30 PM IST in summer and 6:30–10:30 PM IST in winter. See the full session timetable. Spreads widen around US news and at the daily rollover (about 2:00–3:00 AM PKT, 2:30–3:30 AM IST).
Risk rules for Gold
- Fixed small risk per trade (for example 1%).
- Stop loss beyond structure, never a random $2.
- No new trades in the minutes around US news.
- Backtest your Gold strategy on the hours you actually trade.
Khulasa (Roman Urdu / Hindi)
- Zyada tar brokers: 1 lot = 100 oz; $1 move = $100/lot, 0.01 lot = $1.
- Lot = risk ÷ (SL dollars × 100).
- Dollar, Fed, NFP/CPI aur risk sentiment Gold ko hilate hain.
- Behtareen waqt: London–NY overlap, Pakistan time sham 5/6 se raat 9/10 (India: +30 minute).
Questions
How much is 0.01 lot of Gold worth?
On most brokers (100-ounce contract), about $1 for every $1 move in price.
What is the best time to trade Gold in Pakistan and India?
The London–New York overlap: about 5:00–9:00 PM PKT in summer and 6:00–10:00 PM PKT in winter; in India add 30 minutes (about 5:30–9:30 PM IST in summer).
Why is Gold so volatile?
It reacts strongly to the US dollar, interest-rate expectations and US data, and it is heavily traded around news.
How much money do I need to trade Gold?
Enough that your stop loss at 0.01 lot is a small part of the account; a $10 stop at 0.01 lot is $10 of risk.
Does Gold move opposite to the US dollar?
Often, but not always; both can rise together when markets are stressed.
Is Gold good for scalping?
It moves a lot and is liquid in the London and New York sessions, but spreads and fast spikes make strict risk control essential.
Watch the video lessons
Gold scalping on the 5-minute chart with Stochastic RSIVideo lesson · 12:35
Best time to scalp forex and Gold in Pakistan and IndiaVideo lesson · 9:39
Lot size in forex: how to choose the right lot size on every tradeEducation only, not financial advice. Trading forex, Gold and CFDs carries a high risk of loss. Contract sizes, spreads and leverage differ by broker; check your own broker's specifications.