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  • #9,761
  • Feb 24, 2018 4:07pm Feb 24, 2018 4:07pm
Quoting shrips
Hi Matomi, where can i find the indicator on your charts that show your entry and exit and the resulting pip gain /loss. I am using Mt4 Thanks
I am marking it all manualy buddy, this kind of indicator doesn't exist yet.
  • #9,762
  • Feb 25, 2018 12:13pm Feb 25, 2018 12:13pm
Which broker are you guys using?
With a bricksize of 50 points (5 pips) and a spread of 100 points (10 pips) you would need 4 bricks just to break even for one round turn trade...
  • #9,763
  • Feb 25, 2018 3:01pm Feb 25, 2018 3:01pm
I think you will find that the spread is actually 1.
  • #9,764
  • Feb 25, 2018 8:07pm Feb 25, 2018 8:07pm
Quoting Matomi
DAX +10+2+8+10 Easy peasy this PA. I missed whole up move with last long position, but traded these 4 trades with higher lots, so not offended me too much. {image}
Can you share the thought process around the +10 short and the +2 long? Both seem like 123 patterns but the entries are really close to the 2 point. It obviously worked both times. Are you entering just before the price returns to the 2 level so that if price breaks through, then your entry will be behind a support/resistance level?

I apologize in advance for rookie questions.
  • #9,765
  • Feb 26, 2018 7:59am Feb 26, 2018 7:59am
Quoting tundra
{quote} Can you share the thought process around the +10 short and the +2 long? Both seem like 123 patterns but the entries are really close to the 2 point. It obviously worked both times. Are you entering just before the price returns to the 2 level so that if price breaks through, then your entry will be behind a support/resistance level? I apologize in advance for rookie questions.
https://www.forexfactory.com/showthr...81#post8020881
Have a look at the PDF, Traders Trick Entry
Cut your Losers short and let your Winners run.
  • #9,766
  • Feb 26, 2018 4:18pm Feb 26, 2018 4:18pm
DAX +11+21+4+5+4+3+6+7

Late post, no energy for mark the clues, but be honestly this was one of the hardest trading days I ever traded. These pips cost me too much time for call it a success day, it's not worth of it. Trading is not about sitting 10-12 hours in front of laptop, at least it shouldn't be, because that's sick. I'd rather catch my 10 pips target with 1-2 trades and call it a day, if you put few lots into it, you can get same result and it's not going to make you an asocial computer guy.
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  • #9,767
  • Feb 26, 2018 4:35pm Feb 26, 2018 4:35pm
My trades from today. 1st one looser.
Attached Image (click to enlarge)
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  • #9,768
  • Feb 26, 2018 4:38pm Feb 26, 2018 4:38pm
Quoting Matomi
DAX +11+21+4+5+4+3+6+7 Late post, no energy for mark the clues, but be honestly this was one of the hardest trading days I ever traded. These pips cost me too much time for call it a success day, it's not worth of it. Trading is not about sitting 10-12 hours in front of laptop, at least it shouldn't be, because that's sick. I'd rather catch my 10 pips target with 1-2 trades and call it a day, if you put few lots into it, you can get same result and it's not going to make you an asocial computer guy. {image}


Matomi,
When you trade big lots, how leveraged are you trading? Say those 10 pips you aim for what % of your equity represents?

How fast you cut a drawdown? Or what is your stop for your method?

I like your idea of quick trades heavy leverage, but the risk can be gigantic.
  • #9,769
  • Feb 27, 2018 4:41am Feb 27, 2018 4:41am
Quoting cfabian
{quote} Matomi, When you trade big lots, how leveraged are you trading? Say those 10 pips you aim for what % of your equity represents? How fast you cut a drawdown? Or what is your stop for your method? I like your idea of quick trades heavy leverage, but the risk can be gigantic.
My leverage is fixed at Pepperstone UK 1:200 on all CFDs. I have never calculated it on %, I am just trying to make every week double account, but with market as yesterday and today it is science-fiction sometimes, so it takes me 2 weeks instead of 1. Not all my entries are loaded with huge lots, because I evaulate before entry how potential it has and how much risk is worth of it. But, if I trade 10 pips/daily, it is just about waiting nice setup and put big load into it for few minutes, often for few seconds. You have to know what you do, because even small DD can be fatal for your account. Your entries must be very early to ensure some space for fast SL on BE or jumping out with very small SL. My losses are usually 1 to 5 pips, but most of time I exit on BE, because it costs me nothing. The key to trading this way (what means be a scalper), is absolutely no room for hesitation, it is mechanic trading with strict psychological rules, then the risk is same as at any other kind of trading style or leverage and lots.

DAX +10 and end for today, it took me 1 and half hour of watching platform, acceptable.
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  • #9,770
  • Feb 27, 2018 9:29am Feb 27, 2018 9:29am
Trades from today on DOW +7 -22 +34 +28
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  • #9,771
  • Feb 28, 2018 5:31am Feb 28, 2018 5:31am
Hello guys,

Any idea why my chart is like that?

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  • #9,772
  • Feb 28, 2018 5:58am Feb 28, 2018 5:58am
Quoting ruben-trader
Hello guys, Any idea why my chart is like that? {image}
Size on most builders is in points, not pips. Your seems waaay to small?
  • #9,773
  • Feb 28, 2018 6:32am Feb 28, 2018 6:32am
Quoting JoshuaHope
{quote} Size on most builders is in points, not pips. Your seems waaay to small?

Thanks!
  • #9,774
  • Feb 28, 2018 6:38am Feb 28, 2018 6:38am
Some good trades on offer if you are scalping the trend on the Dax
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  • #9,775
  • Feb 28, 2018 7:26am Feb 28, 2018 7:26am
DAX +1-3+5+3+8+2+3+4

I made couple more trades today just show how it looks when I put bigger load into my position, BE trades marked also. First trade was god damn mistake, I don't know what scared me, but it would give me my daily profit few seconds later after I closed it. However, I am fine now. Some trades are not marked, because the only reason why I entered were small GAPs on M1, today they were like magnet.
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  • #9,776
  • Feb 28, 2018 7:36am Feb 28, 2018 7:36am
Quoting shrips
Some good trades on offer if you are scalping the trend on the Dax {image}
If you didn't understand, the idea here is share experience... so why you post an image with hide things?
I mean, if you have something good and don't wanna share, keep with you, not necessary to post.

Got it?
  • #9,777
  • Mar 1, 2018 2:10am Mar 1, 2018 2:10am
DAX +5+5

Daily target reached, see you tomorrow.
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  • #9,778
  • Mar 1, 2018 2:54am Mar 1, 2018 2:54am
Quoting ruben-trader
{quote} If you didn't understand, the idea here is share experience... so why you post an image with hide things? I mean, if you have something good and don't wanna share, keep with you, not necessary to post. Got it?
Good point. Well said.
DAX30 +36+37+72 Overnight trades. Since I got rid of all that useless information on the chart my trading has improved 100%
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #9,779
  • Mar 1, 2018 3:26am Mar 1, 2018 3:26am
Here is the real chart. Internet connection is in the crapper we are having torrential rains and we are in the clouds so I can not risk trading.
I waited and waited for a sign last night it finally came at 9.00pm. I needed an entry at a significant level the Div + 2B at the BRN and the 38.2% Retr was pretty good even so I did not switch off until I had got to BE which I did quickly because my dinner was on the table. Targets were obvious took 2 off at the first BRN and left the runner with the TP down at a major S&R level, when I opened up this morning all 3 TPs hit, doesn't always happen like that but as long as you are at BE before shutting down, you don't lose.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #9,780
  • Mar 1, 2018 4:33am Mar 1, 2018 4:33am
Quoting dee50
Here is the real chart. Internet connection is in the crapper we are having torrential rains and we are in the clouds so I can not risk trading. I waited and waited for a sign last night it finally came at 9.00pm. I needed an entry at a significant level the Div + 2B at the BRN and the 38.2% Retr was pretty good even so I did not switch off until I had got to BE which I did quickly because my dinner was on the table. Targets were obvious took 2 off at the first BRN and left the runner with the TP down at a major S&R level, when I opened up this...
Hi Dee. Nice and ballsy. Quick question - What version of milanese tm is that with BE button? I was wondering if you could please post it? Thanks in advance, Josh.
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