DislikedYep I would like you to explain how you trade this. 1000 pips a month thats a lot.Ignored
- Joined Aug 2007 | Status: Senior Member | 1,798 Posts
To Live is the rarest thing in the world , Most people exist , that is all
Trading at University, Advice Needed 37 replies
university or more time for trading 43 replies
40000 coin toss chart with data from Berkeley University 18 replies
DislikedThis thread title caught my attention, and im a little concern.
It will be bad for us, traders if we beat all the brokers.. Who are we going to trade with then???
On another note, YES it is possible to capture 1000 pips in a month, it is even possible to capture it in a week, one way is to increase your lot size.
ThanksIgnored
DislikedI'm curious to know your definition of a pip. As far as I know, a pip is a measure of movement, not a measure of profit.Ignored
DislikedHi Ronald,
Welcome to the thread, I think the question has been answered but I'll give you an example...
Say if GBPUSD is trading at 1.7662 and you went long at this level at £1 per pip/point. If the price then moved to 1.7672 you would be 10 pips up. so 10 pips x £1= £10 profit.
HIgnored
DislikedI have mixed feelings about this.I'm not interested in the system, just stumbled over the post, but hms, why would you want people to email you in order to receive the MT4 templates? You could just attached them to this thread if you wanted to share them for free.
If you do not give them out for free and this is the reason you want to be emailed, I must warn you that promotional activity is not allowed here and you will most likely be banned if you do try to sell something.
Sorry if this sounds paranoid, but we frequently get spammed with offers of "magnificent" forex related things, many times quite costly.
Lol, I have to confess that I don't really understand what's the big difference about people recently arguing about this.Are you saying that there are negative pips as well? Because if you don't, profit in pips and profit expressed in percents mean mostly the same thing. It's just that everyone has a preference towards one, it doesn't mean the other is incorrectly used.Ignored
DislikedNot to negate the original poster.... BUT....
his template is specific to timeframe and not to the pair....
Surely, as a law professional, you concede that all pairs have different characteristics, and one size fits all appears impossible.
perhaps your TPs and SLs give you a "sleight of hand," as hanover says. But from where I'm sitting, I'm not impressed to this point.
And I am very unhappy with the name of this thread. Your self congratulatory nature without any proof of results make this almost laughable. Let's take it one step further.... suppose you trade with an ECN.... are you still trying to BEAT THE BROKER. It's ridiculous.Ignored
DislikedI am familiar with the basic strategy, there are minor differences here on settings perhaps, you would do well to read this thread when hemal posts further. I suppose u could describe this as an adaptation of the original.
I too have gone through umpteen threads on ff and other forums, have looked at all kinds of indicators, basically what every newbie does. There are perhaps three I have found to be useful for trading. This strategy is definitely one of them, another is using s/r on the 1 hr t/f, and the use of trendlines.
So, be patient, and I think you will be rewarded.
Kind Regards
PardyIgnored
Dislikedhi, everyone who requested the template should have got it by now. If not, I apologise, please remind me.
HIgnored
DislikedWelcome, HMS. I've been trading this strategy rather successfully - the only issue, at least for me, is reading the Heiken Ashi candles. Perhaps, when you get into the specifics, I'll be able to get a better understanding. Thanks.Ignored