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Magic 5 - five pips only

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  • Post #1,101
  • Quote
  • Dec 25, 2020 7:53am Dec 25, 2020 7:53am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
MERRY CHRISTMAS to Everyone!!
Hope you have been productive, sitting at home and trading

---

btw, I have slashed individual Mentorship fees for next 3 months, those interested, email me. keta5550 @ gmail.com
always draw trendlines
 
 
  • Post #1,102
  • Quote
  • Jan 18, 2022 7:38am Jan 18, 2022 7:38am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
hello guys

This thread is alive.

Let me know of your successes and questions
always draw trendlines
 
 
  • Post #1,103
  • Quote
  • Jan 19, 2022 10:45am Jan 19, 2022 10:45am
  •  traderjefpro
  • | Joined Jun 2021 | Status: Member | 5 Posts
Quoting tk5
Disliked
hello guys This thread is alive. Let me know of your successes and questions
Ignored

can you please explain it again with proper images so we understand properly as not understanding rsi part
 
 
  • Post #1,104
  • Quote
  • Jan 22, 2022 8:24am Jan 22, 2022 8:24am
  •  whiteso
  • | Joined Nov 2018 | Status: Member | 12 Posts
Let us know if you still provide some training / mentoring I would be interested
 
 
  • Post #1,105
  • Quote
  • Feb 1, 2022 10:50pm Feb 1, 2022 10:50pm
  •  Konichiwhaat
  • Joined Dec 2019 | Status: Member | 408 Posts
Dear TK5, just found your thread, very good.

I currently trade a 5 pip system too. I set buy/sell orders at support/resistant levels only at previous day high or lows. I usually trade EU or GU in the Asian session as the levels tend to hold because of the lower volume. I set a TP of 5 pips, but I have no SL. It works most of the time, but sometimes it doesn't and I have to use some pretty tricky hedging and doubling down to save the trade back to BE to save the account and trade another day!

Any advise/tips from one 5 pip trader to another? Thanks
TIME is the most valuable commodity
 
1
  • Post #1,106
  • Quote
  • Jun 17, 2022 9:11am Jun 17, 2022 9:11am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
Quoting whiteso
Disliked
Let us know if you still provide some training / mentoring I would be interested
Ignored
Hi mate,
I do in case of a solid interest, reach me on my email shown on first post.
always draw trendlines
 
 
  • Post #1,107
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  • Jun 17, 2022 9:12am Jun 17, 2022 9:12am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
Quoting Konichiwhaat
Disliked
Dear TK5, just found your thread, very good. I currently trade a 5 pip system too. I set buy/sell orders at support/resistant levels only at previous day high or lows. I usually trade EU or GU in the Asian session as the levels tend to hold because of the lower volume. I set a TP of 5 pips, but I have no SL. It works most of the time, but sometimes it doesn't and I have to use some pretty tricky hedging and doubling down to save the trade back to BE to save the account and trade another day! Any advise/tips from one 5 pip trader to another? Thanks...
Ignored
Hi mate. What exactly doesnt work? You can manage SL discretionally. Magic 5 likes manual touch after entry.
always draw trendlines
 
 
  • Post #1,108
  • Quote
  • Jun 17, 2022 9:27am Jun 17, 2022 9:27am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
To whom it may interest!

I have decided to collaborate with a coder. If you are a cTrader coder I am interested in producing an indicator for Magic 5 with carefully worked out details curated by me. It will have some new features.
Please note this is not a paid work but collaboration. Contact me on email keta5550 @ gmail.com

In case if I make indicator working per my needs I will offer it to public for a reasonable fee. Well, good things require labor, so
always draw trendlines
 
 
  • Post #1,109
  • Quote
  • Last Post: Jun 20, 2022 4:57am Jun 20, 2022 4:57am
  •  tk5
  • | Commercial Member | Joined Aug 2013 | 717 Posts
Quoting tk5
Disliked
To whom it may interest! I have decided to collaborate with a coder. If you are a cTrader coder I am interested in producing an indicator for Magic 5 with carefully worked out details curated by me. It will have some new features. Please note this is not a paid work but collaboration. Contact me on email keta5550 @ gmail.com In case if I make indicator working per my needs I will offer it to public for a reasonable fee. Well, good things require labor, so
Ignored
Hey...who will accep challenge
always draw trendlines
 
 
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