PIPologist daily strategy

Please read the thread from the beginning. I am not going back to start to explain something that's easier than most of systems.

EMAs must turn, MACD must turn, W%R must be bellow -20 (BUY) or above -80 (SELL), PRICE MUST BREAK THE Previous' Day REG CHAN and Trend Line (usually paralel to RegChan), entry at max 5 bars of MACD since turn.

Please don't insist. I have a webpage also, a thread like this is open on Babypips, I don't have time to explain everyone the same thing over and over again.

Hello my friends,

Today was a great day. I had to run after I placed the trade and I didn't have time to update the threads and website with new profit and images of the trade.

So bellow you will find the first picture of the entry moment and second the complete trade:

http://img28.picoodle.com/img/img28/...ym_75e184b.gif

http://img28.picoodle.com/img/img28/...im_a63603e.gif

Almost perfect setup. Why "almost" ? Because the TL was missing and that gave me some bad feelings. usually when a TL is not present there is more uncertainty and if you look now at USD/CAD the market turned the price down and now we can think that at that point with yesterday's high will form a TL for tomorrow or later today.

Entry: 9.00AM GMT: BUY 2 lots @ 1.0146
Time of trade: Aprox 15-20 minutes
Target hit: 1.0156

Profit for today:
10 pips x 2 lots x $10 per pip = $200

Great day

Hello again my friends,

Today was another great day in Forex, at least with my strategy.

Here is the chart of the trade (USD/CAD):

http://img34.picoodle.com/img/img34/...im_9ad9a72.gif

Good timing, after 6.00AM GMT.
Perfect setup !
Entry: BUY 2 lots @ 1.0105
SL: 1.0102 - 10 pips - 2 spread = 1.0090 (never reached)
Target hit: 1.0115 (in less than 25 minutes)

Profit: 10 pips x 2 lots x $10 per pip = $200.

Too bad this week was a chaotic one but better keep distance from loss than embrace it

Have a nice weekend everyone. See you on Monday.

Happy PIPpin' !

Hello my friends,

Today was another great day in Forex, hero is GBP/USD and here is the chart:

http://img26.picoodle.com/img/img26/...im_7d6cd13.gif

Perfect setup, even if the MACD turned up and down again. It happened at the right hour and moment and I was there. That's important, to catch the moment.

Entry: Sell 2 lots @ 2.0027
SL: 2.0035 + 10 + 1 spread = 2.0046 (never hit)
Target hit in less than 5 minutes: 2.0017

Profit for today: 10 pips x 2 lots x $10 per pip = $200

And that's all.

Happy PIPpin' !

Is anyone using this during the NY session? PIPology's trading times would be impossible for me so just wondering if any 8am NY traders are having success with this strategy. Thanks for sharing, p.

There are less signals during NY session than in EU but there are for sure, you must be online to spot them or to setup alarms for your setups.

Now let's get back to today's trade.

Hello again my friends,

Today is Monday and today was another great day in forex. Here of the moment: USD/JPY.

Here is the chart for Order moment:

http://img33.picoodle.com/img/img33/...rm_1733fb9.gif


Perfect setup. W%R dropped under the line than retraced. EMAs crossed, MACD down, TL broker.
SELL 2 lots @ 106.76

And now, chart for the closing order moment:

http://img32.picoodle.com/img/img32/...im_37d57a3.gif

Less than 15 minutes.

Profit for today: 10 pips x 2 lots x $10 per pip = $200

I told you it was a great day. I was here and that's important. But I'm sure there will be plenty more signals for everyone

Happy PIPpin' !

Hello again my friends,

Today was another great day in Forex Market. Who made it great ? EUR/USD.

Let's see the chart:
http://img28.picoodle.com/img/img28/...im_47ca58f.gif

What do we have here ?
A little bit of Perfect Setup !
Everything happened after 12.30PM GMT.
EMA's crossed and same time broke a mini-TL.
The RegChan was also broken after 1 hour and half and turned MACD down.
After 30 minutes the price retraced and W%R gave us the signal.

Entry order:
SELL 2 lots @ 1.5881
SL: Too far to be hit
Target hit in about 25 minutes.

Profit for today:
10 pips x 2 lots x $10 per pip = $200

And that's all for today. Remember, the moment is important. If you catch it you got it.

Happy PIPpin' !

great day for GU and EY as well. Made 10 pips on each plus the EU trade. Nice strategy.

Hello my friends,
I didn't take any trade today but a friend of mine reported the following trade:

http://img32.picoodle.com/img/img32/...im_5c85a10.gif

Sell 2 lots @ 1.9983
Exit @ 1.9953

Profit: 10 pips x 2 lots x $10 per pip = $200.

Comment for the trade: My friend took the trade with some risk, because MACD bars were down for some time and it's very risky. From my point of view I don't enter the market for such signals because are not perfect so I better wait for the Right moment.

Hello my friends,
It was a extraordinary day and I hope some of you caught the move

GBP/USD

http://img32.picoodle.com/img/img32/...im_2d8a176.gif

Peeeerfect setup !
11.00 GMT: Sell order 2 lots @ 1.9898
SL: Never hit
Target hit in 10 minutes. 1.9888

Profit for today:
10 pips x 2 lots x $10 per pip = $200

Happy PIPpin' !

Well that's your problem. I recommended since the beginning the platform from MigFX because it's very reliable. Happy trading to you.

Now let's get back to today's tradeS because there were 2 taken by me and one of them is still open and I'll explain why:

First is GBP/USD:

http://img29.picoodle.com/img/img29/...im_7544ee8.gif

Because of the pattern that formed at entry point I decided to use only a 5 pips profit target for this pair.

Entry:
9.30AM GMT: BUY 2 lots @ 1.9818
Target hit in less than 5 minutes: 1.9823 (than price retraced a lot as I thought)
Profit from this pair: 5 pips x 2 lots x $10 per pip = $100

Second pair is USD/JPY (tricky one):

http://img29.picoodle.com/img/img29/...im_6641ff9.gif

Well, this pair gave a perfect signal, BUT the price went a little crazy.
The important thing is that the SL was never reached. I was not lucky to have 0 spread today and I had 1 and price bounced from my target of 5 pips so I decided if the price won't hit my SL to stay in market until my target is hit and right now I'm open with SELL order with 2 lots since 107.80

So target is: 107.75 and I'am pretty sure will be hit soon because of the momentum that gave Yen power to drag all pairs down.

I will get back with screenshot from profit-moment.

Happy PIPpin' !

Well the latest news bring fortune to others:

ADP Employment Change (Jun) : + 9K (expected -53K)

So I ended with 10 pips loss today.

So today's loss is:

10 pips x 2 lots x $10 per pip = $200

$200 - $100 (from GBP/USD) = - $100

What people should learn from this experience ? That you shouldn't trade more than 30 minutes

Happy PIPpin' !

Could you please explain YOUR method of Trend Line drawing? Which period do you take for it?

Thank you!

Perfect TL for my strategy must be drawn along or parallel to RegChan (between 2 lower or higher points). Period ? Same day with RegChan, but if it goes parallel it can be drawn from the day before yesterday till yesterday

Thank you for your answers!

But on your charts (on the last one for example) you draw TL from yesterday (the day of RegChan) till one point of today. Could you explain it?

And I realy don't understand from the previous posts: at which situations you draw regchan from 12:00?

Thank you!

If you didn't get it till now than you should stop reading this thread. I'm not doing tutorials here nor classes.

Hello again my friends,

After 1 week of chaotic movements I'm back again with today's trade.

Here is: USD/JPY

http://img37.picoodle.com/img/img37/...im_9b3a3b9.gif

Entry:
13.00GMT: SELL 2 lots @ 109.83
Time of trade: 15 minutes
Profit taken at: 109.73

Profit for today: 10 pips x 2 lots x $100 = $200

Trades can be seen also on Fxtraderlink website.

Hello my friends,
There are 9 days since last trade. But better stay out and away from loss than playing foolish.

Today we had a good trade, a little risky but strong and fair from CAD/JPY. And here is the chart:

http://img28.picoodle.com/data/img28...im_32d6216.gif

Sell 2 lots @ 103.12
Time of trade: < 15 minutes
Target hit @ 103.02

Profit for today: 10 pips x 2 lots x $10 per pip = $200

And now I covered the loss from past trades and a little more in profit.

Let's home some important events will happen in order to see a more stable market with less emotions.

Happy PIPpin' !

Hello again my friends,

Today was another great day in Forex, but I didn't have the chance to catch the moves because my ISP had some upgrades, but I had to draw the charts and post it for people to believe in this strategy.

Here it is:
http://img28.picoodle.com/data/img28...im_d001a5f.gif

Great move from GBP/USD.

Entry:
BUY @ 1.8500
Time of trade: 15 minutes
Target hit @ 1.8510

Profit from this trade 10 pips x 2 lots x $10 per pip = $200

There will be more to come this week as the market calmed down a little bit.


Happy PIPpin' !