Can you get 1 pip consistently - Lets do it | Forex Factory

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Can you get 1 pip consistently - Lets do it

  • #1
  • First Post: Edited 2:18am Aug 13, 2018 1:06am | Edited 2:18am
Let's try it. very wide stops will be used. only one pair, EURUSD.

I looked in the mirror and asked how many pips I can get from the market and the answer was 1 pip, so I am going to get my 1 pip now.


TE WILL BE ATTACHED SOON!!!
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  • #2
  • Aug 13, 2018 1:34am Aug 13, 2018 1:34am
Support and resistance is where we will take trades.

time frame will be 4hr 1hr 15 mins
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  • #3
  • Aug 13, 2018 1:52am Aug 13, 2018 1:52am
Quoting JmFinancials
Let's try it. very wide stops will be used. only one pair, EURUSD. TE WILL BE ATTACHED SOON!!!
10 pip stop?How many pips stop?
  • #4
  • Aug 13, 2018 1:53am Aug 13, 2018 1:53am
Quoting loozers
{quote} 10 pip stop?How many pips stop?
may be 1000 pips. point is to get 1 pip for sure.

can this be done?
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  • #5
  • Aug 13, 2018 2:11am Aug 13, 2018 2:11am
somebody can put 10000 dollars in account and trade 1.00 lot

takes 5 trades a day, makes 50 dollars per day.
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  • #6
  • Aug 13, 2018 2:12am Aug 13, 2018 2:12am
Quoting JmFinancials
Support and resistance is where we will take trades. time frame will be 4hr 1hr 15 mins
Dear JmFinancials,

I worry about the spread/ commission eating away at your profits in your experiment. Will you make multiple entries to make a basket and then close on 1 pip profit? or keep making trades with 1 pip TP? Would you be closing trades too early from identified support and resistance levels that can go 20+ pips, especially on 4hr?

Can you explain your approach or strategy please, curious to how you came to this idea?

I can see that it can work, you make the trade in the direction a candle is forming after a S&R level that you identified is rejected/ accepted?

Maybe it would be crazy, but you just maybe will have to look at 15min, 5min, 1 min or tick S & R to get your consistent 1 pip.

Kind Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #7
  • Aug 13, 2018 2:12am Aug 13, 2018 2:12am
Quoting JmFinancials
{quote} may be 1000 pips. point is to get 1 pip for sure. can this be done?
no

you can not do it, if you get caught on wrong side , you get scalped for 30 to 50 pips on the wrong day.
  • #8
  • Aug 13, 2018 2:15am Aug 13, 2018 2:15am
Quoting tzamo
{quote} Dear JmFinancials, I worry about the spread/ commission eating away at your profits in your experiment. Will you make multiple entries to make a basket and then close on 1 pip profit? or keep making trades with 1 pip TP? Would you be closing trades too early from identified support and resistance levels that can go 20+ pips, especially on 4hr? Can you explain your approach or strategy please, curious to how you came to this idea? I can see that it can work, you make the trade in the direction a candle is forming after a S&R level that you...
I use standard account with IC market, so I dont pay any commision my net profit is 1 pip on each trade. I plan to trade one trade at a time. will be using SR and oscillator to know over brought oversold areas for the given time frame.
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  • #9
  • Aug 13, 2018 2:18am Aug 13, 2018 2:18am
Quoting VEEFX
{quote} How about previous or current day(or candle) range instead of some artibrary number SL?
use anything you like, point is to get 1 pip.

wonder why this cant be done yet?
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  • #10
  • Aug 13, 2018 2:24am Aug 13, 2018 2:24am
the other suicide idea
  • #11
  • Aug 13, 2018 2:28am Aug 13, 2018 2:28am
Quoting antonsatu
the other suicide idea
cake for your positivity.
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  • #12
  • Aug 13, 2018 2:30am Aug 13, 2018 2:30am
Quoting VEEFX
{quote} Perhaps "why price immediately moves against you upon entry" is a better question to ask :-)
you have the answer? let us hear.
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  • #13
  • Aug 13, 2018 2:48am Aug 13, 2018 2:48am
Adios JMFinancials
Master your Mind,,,Master the Market
  • #14
  • Aug 13, 2018 3:02am Aug 13, 2018 3:02am
This thread is about the blind leading the blind. Do they allow bats on this site?
  • #15
  • Aug 13, 2018 4:22am Aug 13, 2018 4:22am
Quoting JmFinancials
{quote} may be 1000 pips. point is to get 1 pip for sure. can this be done?
I've done it. 1000 to 4000 in about 1.5 months. My TP was 2p, and it was about 1.5% of account. It was very stressful and after that I said I would never do the same. I knew that I have no edge in this and I was rely on luck and my "technical analysis" skills. It was in those times, when I believed in support and resistance
  • #16
  • Aug 13, 2018 6:14am Aug 13, 2018 6:14am
Quoting loozers
This thread is about the blind leading the blind. Do they allow bats on this site?
you are right 100%
  • #17
  • Last Post: Aug 13, 2018 6:14am Aug 13, 2018 6:14am
Quoting JmFinancials
{quote} cake for your positivity.

you are misleading the newbie... OR maybe, you are the other newbie who trying to teach
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