"Even a million miles journey starts with one single step"
Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies
Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies
Janqie "Mad Piphunter" trading 28 replies
Janqie's trading plan 5 replies
Janqie's simple System 22 replies
DislikedJanqie, I have a question about counting pips with different brokers.
It looks like your broker uses 4 decimals on the EURUSD pair (ex. 1.2685)
The brokers I'm testing (IBFX & FXCM) use 5 decimals (ex. 1.26850)....Ignored
DislikedJanqie, if you were to trade this 1min version of Mad Scalper off just the two currency pairs with the lowest spreads (EUR/USD and USD/JPY), about how many trading opportunities do you get during a normal session - during the London/NY overlap, for instance?Ignored
DislikedHello everyone
Tryed to experiment with one thing
I remember Sams trade when CCI histogram goot outside 0 level for a bit.
I just took this trade and its same as Sams trade. Noticed that Histogram went
above 0 level but not crossed 50 to represent new trend move.
Pullback was in nice shape and
5min timeframe was in downtrend so it supported that trade.
I succeed on this one and will take closer look
at setups like this. Maby later we can add this to rules book
Anyway +15 pips with this oneIgnored
DislikedJanqie, I have a question about counting pips with different brokers.
It looks like your broker uses 4 decimals on the EURUSD pair (ex. 1.2685)
The brokers I'm testing (IBFX & FXCM) use 5 decimals (ex. 1.26850). So on your last trade you said you made 10 pips, probably from 1.2685 - 1.2695.
But if I was to take that trade on broker it would have showed a 100 pip move up, correct? (1.26850 - 1.26950). But is it really a 100 pip move?
I'm a bit confused about this when comparing charts/pips to other people.
maybe you explain and this would...Ignored
DislikedThis looked like a good setup..Nice down trend. M5 TF was a solid down trend.
We got a small pull back and then a good entry point where I have drawn the red line....Ignored
DislikedHey Tailgun
I dont know about only two pairs. But I dont trade UJ becouse it is usualy not volatile enough.
I trade three pairs and get 3 to 10 oportunitys a day witch can be traded or not.
But it depends of the day if it is trendy or not.
CheersIgnored
DislikedNot a good trading session 2day unless I didn't follow the system, will start fresh next week have a gr8 weekend!Ignored
DislikedI've been trading this live and have been doing very well but yesterday I only used a demo. I had two trades, both were losses. It was a bad day but I don't think it was the system but beacuse of the day.
When I started trading forex full time the best advice I got was from a 35 year trader and he said not to trade on Friday's. And he was right, any I traded on Friday I lost. The markets on Friday are just too choppy.Ignored
DislikedCheers Max, I heard about not trading on Friday's but I suppose I tried beating the odds (Lesson learned!) seen choppy alright, The only thing is, I am in Australia and the londen open is 5pm, would love to trade daytime also, any suggestions?Ignored