GBPJPY 50 Pips daily

Quoting robertsonakp

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I simply hate and and dont want to believe in any system that tells me i make profits daily. infact the word "daily" when people use it is disgusting, absurd and annoying whenever i hear it. it pierces my spirit , touches my veins. i just dont get well with people who especially say it to my hearing.
Can the starter of this post who has said has been using dis approach 4 d past two years show us his track record ? i mean can he just show me his account history ? and let me see and believe ?
If this will be true , great it will be and by now he shuld have been competing with bill gates, abramovich etc in terms of riches. i am both a day trader and a swing trader. i use a simple system i strictly follow and with i i survive dis business. i am one of the 5-10% feeding from fx. i do not see it as a get quick rich venture.
Wel i hope i am well understood, i just do not get well with people using the word "DAILY". and if he is sure let him show me his live account history, not a demo history.

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Quoting robertsonakp

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I simply hate and and dont want to believe in any system that tells me i make profits daily. infact the word "daily" when people use it is disgusting, absurd and annoying whenever i hear it. it pierces my spirit , touches my veins. i just dont get well with people who especially say it to my hearing.
Can the starter of this post who has said has been using dis approach 4 d past two years show us his track record ? i mean can he just show me his account history ? and let me see and believe ?
If this will be true , great it will be and by now he shuld have been competing with bill gates, abramovich etc in terms of riches. i am both a day trader and a swing trader. i use a simple system i strictly follow and with i i survive dis business. i am one of the 5-10% feeding from fx. i do not see it as a get quick rich venture.
Wel i hope i am well understood, i just do not get well with people using the word "DAILY", bcos i no it is impossibu u make profit on every day basis as far as dis biz is concerned, d best traders loose on some days and gain on other days, common ! everyday is not christmas and if he is sure let him show me his live account history, not a demo history.

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You should average 81.3% winners

Quoting mio

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I set my buy/sell stop +/- 23 pips outside the range ( yes 23 )
I set my target +/- 57 pips ( or +/- 90 from the high/low )
I use a 67 + spread SL

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Quoting billbss

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Where did he say he made profits daily?

This is all I saw:

.

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Quoting robertsonakp

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I simply hate and and dont want to believe in any system that tells me i make profits daily. infact the word "daily" when people use it is disgusting, absurd and annoying whenever i hear it. it pierces my spirit , touches my veins. i just dont get well with people who especially say it to my hearing.
Can the starter of this post who has said has been using dis approach 4 d past two years show us his track record ? i mean can he just show me his account history ? and let me see and believe ?
If this will be true , great it will be and by now he shuld have been competing with bill gates, abramovich etc in terms of riches. i am both a day trader and a swing trader. i use a simple system i strictly follow and with i i survive dis business. i am one of the 5-10% feeding from fx. i do not see it as a get quick rich venture.
Wel i hope i am well understood, i just do not get well with people using the word "DAILY", bcos i no it is impossibu u make profit on every day basis as far as dis biz is concerned, d best traders loose on some days and gain on other days, common ! everyday is not christmas and if he is sure let him show me his live account history, not a demo history.

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Quoting billbss

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Here is my questions:

You don't account for the spread on your buys?

If you set your buy at 23 pips above the high and 23 pips below the low, that seems unbalanced.

If your spread is 9, you are actually buying 14 pips above the high and 23 below the low. Is that what you want?

Also 57 + 23 = 80 not 90. Is your target +/- 90 from the H/L or 80?

Thanks

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Quoting mio

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On FXDD i had on 26.6 Daily Candle High 213.90 (Long at 214.13 TP 214.70 SL 213.38 (=67 Pips+8 Spread on FXDD)

Daily Low 211.90 (Short at 211.67 TP 211.10 SL 212.42)

Happy Trading
Mio

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Quoting mio

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57+23=80 not 90 sorry

Example:

If High of lastDay is 211.00 then Set Long at 211.23 Bid Price (If Spread is 9 Average Price is 211.27(211,275)

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Quoting billbss

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Sorry, but I don't understand.

If H of last day is 211.00 and my spread is 9, do I set my BUY for 211.23 or 211.32?

I can't set a buy for bid price. I can only buy at ask price.

211.23 bid price = 211.32 ask price (with 9 pip spread)
Is this what you mean?

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Quoting microsuck_36

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okay just got +57(short)....the only problem is SL kinda big...hmmm

Question: so for monday i have to take hi/lo on friday..right...

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Quoting mio

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yes

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Quoting mio

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On FXDD i had on 26.6 Daily Candle High 213.90 (Long at 214.13 TP 214.70 SL 213.38 (=67 Pips+8 Spread on FXDD)

Daily Low 211.90 (Short at 211.67 TP 211.10 SL 212.42)

Happy Trading
Mio

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Quoting robertsonakp

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I simply hate and and dont want to believe in any system that tells me i make profits daily. infact the word "daily" when people use it is disgusting, absurd and annoying whenever i hear it. it pierces my spirit , touches my veins. i just dont get well with people who especially say it to my hearing.
Can the starter of this post who has said has been using dis approach 4 d past two years show us his track record ? i mean can he just show me his account history ? and let me see and believe ?
If this will be true , great it will be and by now he shuld have been competing with bill gates, abramovich etc in terms of riches. i am both a day trader and a swing trader. i use a simple system i strictly follow and with i i survive dis business. i am one of the 5-10% feeding from fx. i do not see it as a get quick rich venture.
Wel i hope i am well understood, i just do not get well with people using the word "DAILY", bcos i no it is impossibu u make profit on every day basis as far as dis biz is concerned, d best traders loose on some days and gain on other days, common ! everyday is not christmas and if he is sure let him show me his live account history, not a demo history.

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Quoting mio

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Today Take Profit reached.Look at Chart

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Quoting thehenryfam

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Yep, great start for the system (here on FF). Nice job, Mio.

Scott

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Quoting thehenryfam

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New daily candle for IBFX begins at 8PM ET. According to IBFX, here are the entry numbers for the next day. Note: The spread for this pair is 9 at IBFX, and that is reflected in these numbers.

LONG: 214.11
TP: 214.70
SL: 213.33

SHORT: 211.66
TP: 211.07
SL: 212.42

Feel free to check me on my numbers.

Scott

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Quoting thehenryfam

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Hey, Mio. I know you said you discount the Sunday candle since it is not reliable. But do you include it in the calculations for buy/sell levels for Monday?

In other words...

According to IBFX, Friday's high is $212.96. Let's say during the three hours on Sunday, the price goes up another 50 pips to $213.46. Is the buy level for Monday $213.01 (Friday's high plus 5 pips) or is it $213.51 (Sunday's high plus 5 pips)?

Many thanks, and have a great weekend.

Scott

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