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Magic 100

  • #1,681
  • Sep 11, 2020 4:09am Sep 11, 2020 4:09am
Quoting le celte
{quote} Wow Completly Alien !
But the profit is very low. I'm not happy
Money goes to the one who understands, not the one who rushes
  • #1,682
  • Sep 11, 2020 4:55am Sep 11, 2020 4:55am
hello, that's enough, the day is still long
  • #1,683
  • Sep 11, 2020 5:05am Sep 11, 2020 5:05am
Quoting Aliens
{quote} But the profit is very low. I'm not happy
Size lot >
  • #1,684
  • Sep 11, 2020 5:21am Sep 11, 2020 5:21am
Quoting ingo3344
hello, that's enough, the day is still long
ingo You are so funny i like you
Money goes to the one who understands, not the one who rushes
  • #1,685
  • Sep 11, 2020 5:43am Sep 11, 2020 5:43am
Quoting le celte
{quote} Size lot >
Yes Aliens maybe increase the lot size to 1.5 or 2%

You entioned the other day that you do like 50 trades a day so that menas that you mostly scalp. What is your winning %?

Kind Regards
  • #1,686
  • Sep 11, 2020 5:49am Sep 11, 2020 5:49am
Quoting Frag8383
{quote} Yes Aliens maybe increase the lot size to 1.5 or 2% You entioned the other day that you do like 50 trades a day so that menas that you mostly scalp. What is your winning %? Kind Regards
you mean me or le celte?
Money goes to the one who understands, not the one who rushes
  • #1,687
  • Sep 11, 2020 5:55am Sep 11, 2020 5:55am
GBPUSD today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Ema 100 3.png Size: 118 KB
Click to Enlarge Name: Ema 100 4.png Size: 124 KB
  • #1,688
  • Sep 11, 2020 6:01am Sep 11, 2020 6:01am
Quoting flashpaul
GBPUSD today. {image} {image}
Very good dear Flash
I think next week we will have many and very profitable buy opportunities.
Money goes to the one who understands, not the one who rushes
  • #1,689
  • Sep 11, 2020 6:37am Sep 11, 2020 6:37am
Quoting Aliens
{quote} you mean me or le celte?
I mean you
  • #1,690
  • Sep 11, 2020 7:13am Sep 11, 2020 7:13am
Bravo.you did a really good job.reagards from italy
  • #1,691
  • Sep 11, 2020 7:23am Sep 11, 2020 7:23am
Quoting flashpaul
GBPUSD today. {image} {image}
HI Flash,is this bearish engulfing an inversion pattern?
Attached Image
  • #1,692
  • Sep 11, 2020 8:26am Sep 11, 2020 8:26am
[quote = sagi; 13161387] {quote} HI Flash, questo ribassista inghiotte un pattern di inversione? {image} [/ quote]

Sorry to answer later.
Yes.
To confirm, switch to M1.
If the price goes below ema 100 in M1 it is confirmed.
  • #1,693
  • Sep 11, 2020 8:40am Sep 11, 2020 8:40am
Seconda operazione su GBPUSD con una nuova grafica. Non c'è bisogno di passare da una TF all'altra.
I love this pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: Ema 100 5.png Size: 137 KB
Attached File(s)
File Type: ex4 M-Candles.ex4   12 KB | 386 downloads
File Type: mq4 M-Candles.mq4   8 KB | 436 downloads
  • #1,694
  • Sep 11, 2020 9:07am Sep 11, 2020 9:07am
Quoting flashpaul
Seconda operazione su GBPUSD con una nuova grafica. Non c'è bisogno di passare da una TF all'altra. I love this pattern. {image} {file} {file}
How do you exit?

Im very interested since I also trade the 1 min chart.

Currently I use a trail stop 1:1 breakeven, 2:1 goes to 1:1 and so on

Kind Regards
  • #1,695
  • Sep 11, 2020 9:33am Sep 11, 2020 9:33am
[quote = Frag8383; 13161612] {quote} Come esci? Sono molto interessato poiché scambio anche il grafico 1 min. Attualmente utilizzo un trail stop 1: 1 pareggio, 2: 1 va a 1: 1 e così via Cordiali saluti [/ quote]

With GBP, in M1, I take my profit when the price hits the next 25/50/00/75 level.
With other pairs, I am happy with 10 pips of TP.
Of course, depending on volatility.

Regards.
  • #1,696
  • Sep 11, 2020 9:59am Sep 11, 2020 9:59am
Quoting Frag8383
{quote} I mean you
I said it in post 1630
Only %1 per trade but the number of trades per day is more than 50. Therefore, along with the profit and loss per day, it is possible to make %30 to %100 profit per day, but it is not easy at all. Of course, I also trade in daily time frame, but this account is for M5
My %Winning is usually %90-95
Money goes to the one who understands, not the one who rushes
  • #1,697
  • Sep 11, 2020 9:59am Sep 11, 2020 9:59am
Quoting flashpaul
[quote = Frag8383; 13161612] {quote} Come esci? Sono molto interessato poiché scambio anche il grafico 1 min. Attualmente utilizzo un trail stop 1: 1 pareggio, 2: 1 va a 1: 1 e così via Cordiali saluti [/ quote] With GBP, in M1, I take my profit when the price hits the next 25/50/00/75 level. With other pairs, I am happy with 10 pips of TP. Of course, depending on volatility. Regards.
Thanks
  • #1,698
  • Sep 11, 2020 10:06am Sep 11, 2020 10:06am
Quoting Aliens
{quote} I said it in post 1630 Only %1 per trade but the number of trades per day is more than 50. Therefore, along with the profit and loss per day, it is possible to make %30 to %100 profit per day, but it is not easy at all. Of course, I also trade in daily time frame, but this account is for M5 My %Winning is usually %90-95
Yes I know that you mentioned 1% that is why I was asking your winning %, being so high you could increas your risk a little bit and you could get to the 30-100 easily. Just risking 1.5%-2%
  • #1,699
  • Sep 11, 2020 10:09am Sep 11, 2020 10:09am
Quoting Frag8383
{quote} Yes I know that you mentioned 1% that is why I was asking your winning %, being so high you could increas your risk a little bit and you could get to the 30-100 easily. Just risking 1.5%-2%
It is true. I can even increase the risk to %5 or %10 but nothing is known in this market and I do not want to lose everything because of greed.
Money goes to the one who understands, not the one who rushes
  • #1,700
  • Sep 11, 2020 10:40am Sep 11, 2020 10:40am
Quoting Aliens
{quote} It is true. I can even increase the risk to %5 or %10 but nothing is known in this market and I do not want to lose everything because of greed.
I understand that 10% is a lot even with a 90% win rate you can have 2 bad trades in a row and you are in a quick 20% drawdown, then your head start to play tricks with you and even 5% can be a lot although many people trade max 5% but increase to 1.5% or 2% which is the standard used by everyone .

Anyway at the end the important thing is to feel comfortable with what you risk not how much you risk
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