Simplicity is the Key

Continued:
I am hoping that after this.. no more annoying questions about not revealing the system or how do you do it. My system is not like an owners manual of your car. It more like an example and extra effort on your part to do the system. Most newbie doesnt like this, they want you to put the food on the spoon and teach them to how to bring the spoon to their mouth, if you know what im saying. Thanks for reading this..
Trader101

EA closes the EU trade at +10 pips. Maybe anticipating a reversal better than nothing .. i guess

Wow - I come back to the thread and find that we're in a flame war.

I hope we're all here to help and learn from another. Isn't that the purpose of this thread, not who gets the last word?

[quote=natejax;1734831]i see that you have to result to insults now- deeply unfortunate..





Stifle your Ego please guys and stop polluting this GREAT thread.

Lets get on with trading!

Thank you Trader101 for an awesome thread.
We appreciate what you are doing.
Leigh.

THIS IS MY FINAL REQUEST TO THOSE IN THE WARPATH...
PUT A SOCK ON IT.......ANOTHER ANNOYING COMMENT FROM ANY OF YOU AND I WILL PACK UP AND LEAVE THIS THREAD, SO YOU CAN CONTINUE YOUR DEBACLE HERE...I HOPE I SAID ENOUGH.. NOT A WORD ON THIS.. ALRIGHT!!
yOUR BOTH RIGHT BUT YOUR BOTH WRONG IN LENGTHENING THIS THREAD. MAKES IT HARD OF EVERYONE TO READ...

Update

35) Sell UsdCad @ 0.9910 ----- +23
36) Buy GbpUsd @ 2.0709 ----- +6

The SL and TP i will leave it to you guys. Watch your 5 min or 1 min chart and determine from there if you will close or not. If you ask me, my TP should be 100 each but that is me. SL i dont want to put SL again that is me.

Update

35) Sell UsdCad @ 0.9910 ----- +45
36) Buy GbpUsd @ 2.0709 ----- +40

EA --- TP the trades

35) Sell UsdCad @ 0.9910 ----- +46
36) Buy GbpUsd @ 2.0709 ----- +54
Realized Profit ---------- 100 pips

Profit taken at 70 pips on GBP/USD. USD/CAD still running.

!

I am frustrated, i forget to turn off the TP option of the program then i just realize when the trades got off the platform. Man.. I could have got more. Anayways good for you Mike...

Tonight I am anticipating that all the JPY cross will rally Short after they rally Long this morning. I t will be between 10:00 PM to 3:00am mark it on your time. It willl be good for 500 pips if all 4 of them will go.

If we keep doing this...
Do you think our brokers are hating us????

I don't see why. They make money off the spread. I know some people think that they cheat, but isn't it to their benefit that their customers do well?

Honest brokers .. i guess will say YES!
The other brokers would say NO i guess! Because they are trading against their client.

Still in the euro trade as well. On brokers: what would we do without them? There are plenty of honest brokers and they have to make a profit?

Is this the this morning trade?? where we sell the EU? Wow that is long, it has gone long, short and long. Where is it heading now??
Yeah, we need the brokers much as they need us.

Trader, if Hang Seng is up tonight (which seems likely). It seems like the Yen pairs might not see much downside... What do you think?

Happy to see that this thread is calm again and very happy to see that the trades are turning green again, well done t101!
I lost all the profits of the previous week because I decided, at the begining of this week, to trade 5 times more (biggest lots) than last week!
Hoppefully, I'm still positive for the month but I missed all your good last trades

I have to find a way to use your signals because I can't accept to trade without stop loss. I can trade without sl but only 1 minilot and then it will never be interesting in term of return. How can you be so confident to not place stops? That's the biggest secret for me...
Anyway, I wish you a lot of success and even if I'm not participating very often you can be sure that I will take all the signals I can.

Nate you are right...actually my real estimate for the down trend of the JPY cross pair will manifest in the 7:00Am candle, it could manifest in the 3:00 am candle(London Open) but very unlikely. But since I am a chance trader (is there a word like that) I will wake up at 3:00Am just to check the candles. The US Dollar index is still negative.. right???

Owen ..
Its not that i dont have a stoploss, I have ..Only it is a commmulative one its like 40 pips per pair that i am trading. Max trade for me is 10 currencies so 400 pips in cummulative total. I really dont know but I think you gain the confidence as you gain the experience. To be honest with you, when i starting, I could not sleep thinking that account will be gone when i wake up.
Make sure to know the pairs you are trading, how much is the Ave. Daily range add 50%. I think it is more than enough to know that your account is still alive when you wake up. Remember there is the Margin call.. that itself is a protection to you account as well. How many hrs you sleep...say 8 hrs. if you have a pair of 80 pips Ave Daily Range . That is 80/24 that is the pips eaten per hour if your trade drops 24 hours non stop. That is say 4 pips per hour multiply by 8 hours sleep that is 32 pips. Non stop dropping. Why are you so scared of?? Try this on demo ... Trade GJ tha most volatile pair for a week Record its ups and down. You will notice that it averages 350 pips per run. if it goes against you leave it there. it will comeback tommorrow. I have tried this when i was new in trading. I traded GJ Long because of Positive swap but it goes against me for thw whole week... In money am down about $6,000 i leave my trade in there on the 3rd week i was up by $10,000 inlcuding the swap that i earned. That was the point tha boost my confidence. The secret in forex is you have to have a good capital..or trade according to your capital. Hope this helps