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- Baby001 replied Dec 29, 2009
Keep in mind that the start of a 4hr bar very much depends on the time zone of your broker.
- Baby001 replied Dec 18, 2009
Wow really good work Tunji! Happy holidays!!! BTW, how is your trading this year? I bet you had a very profitable 2009. Good luck to your 2010 trading year and keep up the good work here!
- Baby001 replied Nov 25, 2009
2nd Trade Nov25 2009 — It is a failure. This was on GU too. Maybe the problem is that the MAs were not close enough to each other. Pips of the trade: -20 Total Pips: 10
- Baby001 replied Nov 25, 2009
The next chance on GU, but no trade. At the same time, the EJ is exploding as well, but the price action is too choppy, so I didn't take that trade either.
- Baby001 replied Nov 25, 2009
This is the first trade I did today — This is the first trade I did today on GBP/USD. Notice the next opportunity is coming. Pips of the Trade: +30 Total Pips: 30
- Baby001 replied Nov 4, 2009
I took that trade, but I was greedy and didn't bank the 15 pips I had, so ended up with BE.
- Baby001 replied Nov 4, 2009
I am trying to limit my trades. I am thinking I will only trade <= 3 times per day. That way I can eliminate the tendency of revenge. for those 3 times, I will only trade a bar > 7 pips, if it fails it fails...
- Baby001 replied Nov 2, 2009
Please read the whole thread, the question has been asked and answered several times I believe.
- Baby001 replied Nov 1, 2009
That makes more sense! So you aim for 100 pips everytime when you take a 10 pips bar, right? Do you trail the SL?
- Baby001 replied Oct 31, 2009
So 1% growth per week is average? I thought you could make much more since you are using the maximum leverage.
- Baby001 replied Oct 30, 2009
GU's price action is a bit choppy today. One big bar followed by another big bar to a different direction.
- Baby001 replied Oct 28, 2009
The 10 pips candle rule is a newer rule. Originally he looked for a series of candles, that is why you see lots of 5 pips candles in his early charts. I believe recently he enters on 10 pips candle or close to 10 pips.
- Baby001 replied Oct 28, 2009
Just read bloomberg, last night news signals slowest inflation pace in decades, that is why it fell. This could be a huge retrace.
- Baby001 replied Oct 27, 2009
It looks like the big players think the AUD is too high, same as the EUR and gold. So they are all retracing now.
- Baby001 replied Oct 27, 2009
Had a good trade on the AUD news just now using the L mothod. The spread was crazy 20 pips at the begining!!! So I waited until it cooled down and got in. Many thanks to Tony for teaching us your systems. I only took 15 pips though, because the news ...
- Baby001 replied Oct 27, 2009
Hi Tony, Have you thought of only trading this system at scheduled news release time, so that you can sleep more? Have you calculated the percentage of your news trade (out of total number of trades). If you found most of your trades are news trade, ...
- Baby001 replied Oct 27, 2009
LOL.... It happened to me yesterday too. I started trying this strategy yesterday, and made plenty of mistakes so far. I switched between different currencies and the grid interval changed after switching, but I didn't know that and thought the ...
- Baby001 replied Oct 27, 2009
I missed this one but tried to enter too late. Got burned!!! Need more experience to trade the 5 senconds chart. Everything just happens too fast for me to handle right now.
- Baby001 replied Oct 26, 2009
It might be a good day for the US$
- Baby001 replied Oct 25, 2009
I saw a couple of bigger reversal candles and I took a long and just got about 10 pips, it looks like it is continuing shooting up.