DislikedBear flag????
I'm gonna stay out for tonight. Careful of NFP.
http://www.forexfactory.com/attachme...1&d=1223025747
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Sonic
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DislikedBear flag????
I'm gonna stay out for tonight. Careful of NFP.
http://www.forexfactory.com/attachme...1&d=1223025747
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DislikedAm i missing something, i dont see any result or trades ? how is this system going from the start til now ?
best regardsIgnored
QuoteDislikedTHE STRATEGY
Study more, do not rush, do not get greedy, patient, patient…
The successful in FOREX is not how many trades you gain per-day,
neither how much pips you gain per trade, but minimum or NOT
losing any trade.
You only need gain 10 pips per day, consistently with minimum or
almost NO lost to make 150-200 K/ year.
You can do it if and only if you make 10 pips / day NO LOST.
The PLAN math:
You open an account for $1000.
You make 1 trade a day (2 in most but just say only one for sure),
and 2 mini lot, make $20/day x 5 day = $100./week/ $400/month.
Do this for 2 months—January & February
March 2008-acct. = 1,800, you trade 4 mini lots, make $800.
April 2008-acct. = 2400, trade 6 mini lots make 1200
May 2008-acct. = 3600, trade 8 mini lots make 1600
June 2008-acct. = 5200, trade 10 mini lots, make 2000
July 2008-acct. = 7200, trade 15 mini lots, make 3000
August 2008-acct. = 10,200 switch to standard account,
trade 2 STD LOTS; make 1000/week, 4K per month.
September 2008-acct. = 14,200 trade 3 STD LOT, make 6K
October 2008-acct. =20.2K trade 4 STD LOT, make 8K
November 2008-acct. = 28.2K trade 6 STD lot make 12K
December 2008-acct. = 40.2K trade 8 lot make 16 K.
Total for year, app. 56K.
After 1 year, from 1K , you make 16 K / month, 192K per year
( and so on if you want, and after 1 year experience, then you can
make 2 trades per day)
All of that is ONLY 10 PIPS/ TRADE/ DAY IF and ONLY IF you gain
100% ( or almost) 10 PIPS.
(I think most of us could live on this type of income--don't get
greedy)
Dislikedintresting yes verry but the question is how to get 10 pips every day and almost or non losers that is the Q
Something interesting that I found...
Quote:
THE STRATEGY
Study more, do not rush, do not get greedy, patient, patient…
The successful in FOREX is not how many trades you gain per-day,
neither how much pips you gain per trade, but minimum or NOT
losing any trade.
You only need gain 10 pips per day, consistently with minimum or
almost NO lost to make 150-200 K/ year.
You can do it if and only if you make 10 pips / day NO LOST.
The PLAN math:
You open an account for $1000.
You make 1 trade a day (2 in most but just say only one for sure),
and 2 mini lot, make $20/day x 5 day = $100./week/ $400/month.
Do this for 2 months—January & February
March 2008-acct. = 1,800, you trade 4 mini lots, make $800.
April 2008-acct. = 2400, trade 6 mini lots make 1200
May 2008-acct. = 3600, trade 8 mini lots make 1600
June 2008-acct. = 5200, trade 10 mini lots, make 2000
July 2008-acct. = 7200, trade 15 mini lots, make 3000
August 2008-acct. = 10,200 switch to standard account,
trade 2 STD LOTS; make 1000/week, 4K per month.
September 2008-acct. = 14,200 trade 3 STD LOT, make 6K
October 2008-acct. =20.2K trade 4 STD LOT, make 8K
November 2008-acct. = 28.2K trade 6 STD lot make 12K
December 2008-acct. = 40.2K trade 8 lot make 16 K.
Total for year, app. 56K.
After 1 year, from 1K , you make 16 K / month, 192K per year
( and so on if you want, and after 1 year experience, then you can
make 2 trades per day)
All of that is ONLY 10 PIPS/ TRADE/ DAY IF and ONLY IF you gain
100% ( or almost) 10 PIPS.
(I think most of us could live on this type of income--don't get
greedy)
best regardsIgnored
QuoteDisliked
** Pay attention to the "Angle" of the the slope. The steeper, the better. Avoid horizontal ranging period.
** Have overall trend/bias on mind, and think twice if the signal that giving u is counter-trend.
** Patience, Do not chase the trade. Let it comes to you.
Trading Time
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)
Pairs
Any Pairs (try EUR/USD & GBP/USD or if you choose XXX/JPY pairs, change ur trail stop and SL to 40 pips)
Time Frame
5M TF
Buy
Look for the candle go above upper white line and wait till the candle ends...and put the "Buy stop" few pips above the "High" of that candle.
MACD sloping up.
Stoch pointing up.
Sell
Look for the candle go below lower white line and wait till the candle ends...and put the "Sell stop" few pips below the "Low" of that candle.
MACD sloping down.
Stoch pointing down.
TP
For Long, few pips below the lower white line or Use Trail Stop (e.g +20 Pips).
For Short, few pips above the upper white line or Use Trail Stop (e.g +20 Pips).
SL
For Long, few pips below the lower white line or min 20 pips.
For Short, few pips abovethe upper white line or min 20 pips.