Dislikednot forgetting that if 6 pips a day doesnt tickle your R:R, you can always use higher leverage.......Ignored
student
Chicky's House of Pleasure and Pain 11 replies
Carry Backet w/ Jacko's AH 10 replies
Hello Guys is a pleasure to be here. I'm new to MT4 1 reply
Jacko's P&P Trend Trading Method 73 replies
Dislikednot forgetting that if 6 pips a day doesnt tickle your R:R, you can always use higher leverage.......Ignored
DislikedI don't know anything about Jacko's trading performance, so I'm not going to comment on it.
However, regarding trading in general, I think that you are somewhat naive. I'm pretty sure 95 % of FF members cannot make even one single pip per month in the longterm. So if you think that 120 pips a month is bad, why don't you show us a trader that can do better than this.Ignored
DislikedLooks like we have a serious PPZ in front of price, time to watch for PA.Ignored
DislikedRastaman,
Where did you get that indicator on your chart?
Thanks
rptraderIgnored
Dislikedhi kon5t its been great to see this thread getting back on track but as always we get posts marketing crap from the likes of mongreldog66 and rendezvous65 as goodfellow points out .dont shoot the messenger when he,s speaking the truth.you should vent your post towards the marketing crewIgnored
DislikedThe wide bands, I think they're yellow in color, or yellowish/green.
rptraderIgnored
DislikedOh, I see.
These lines are not drawn by an indicator, they are drawn using the rectangle function in MT4, they are referred to as PPZ (Price Pivot Zones). As the name implies they are zones where former resistance has changed to support & visa vi. We look for price action around these areas such as Inside bars, Pin Bars, Bullish Engulfing Outside Bars etc, to show us where price may break out.
You draw them from the Monthly, Weekly, Daily, H4 & H1 time frames, although the PPZ in these screen shots are drawn only on the Weekly. When we move...Ignored
DislikedRastaman,
Thanks for the clarification and the explanation. I see what you're talking about now.
Thanks
rptraderIgnored
Dislikedhogwash since aug 2008 2000 pips 18 months thats 120 pips a month 30 pips a week 6 pips a day now who cant make 6 pips a day sensational absolutly sensational thousands of pips over the year what year we talking buddy it was not last year,or the year before. very unimpressed how can messing up all month be sensationalIgnored
DislikedI'm looking at maybe an aggressive short from 14020 area...with a less risky short area being near 14200.
overal main target at the moment on the downside has to be 13750 area - 50% fib strong PPZ etc.Ignored
Dislikedlooking forward to next week with anticipation. IMHO EURUSD looks oversold at the moment. there might be a retrace in store next week. i might be wrong though. let's see what the chart tells us
have a good week ahead.Ignored