Profit All Day System

I took a loss on eu too it happens as we can see clearly here the most are winners so thats ok .

I sent you a pm cubby about creating a chat room if you have questions ask me i don't wanna mix the thread with something else...

we just have to hope our resistance holds on our 15 minute trades.

110 loss would take a 1-3 days to make back...


I think it will hold but because they are news candles that we are basing our swing levels off of I hope they are strong enough...

Dang it. so many people in on that last 5 minute trade.... sucks.

cool will check pm

Thanks Cubby,

I took the trade because it broke the resistance to go up !!!

good trade but I that's not a signal based off the system.

Do not feel responsible for the losses!

You did not even take that trade!!! (yes you have a different trade going, but the M5 you did not take)


Please everyone:

Make sure at the beginning your stop loss would be MAX 2% OF YOUR ACCOUNT!!!
I myself often use 1% and 0.5% if I am not sure about the trade, or I am late in trend.

If my Pending order would have been hit on that M5 trade (I had pending order but it was not triggered) I would have lost 0.5% only!!! It was more dangerous trade to enter than previous one, because trend has been going on for a while now.

If you see you are late, either skip the trade or risk very little.

Cubby,

The CCI and EMA's already confirmed. the candle broke resistance. So
I took the trade because entries are based on breaking support and resistance.

Thanks

Do not feel responsible for the losses!

You did not even take that trade!!! (yes you have a different trade going, but the M5 you did not take)


Please everyone:

Make sure in the beginning (of you testing this strategy) your stop loss would be MAX 2% OF YOUR ACCOUNT!!!
I myself often use 1% and 0.5% if I am not sure about the trade, or I am late in trend.

But do not change the risk on your regular trades all the time!!!

If my Pending order would have been hit on that M5 trade (I had pending order but it was not triggered) I would have lost 0.5% only!!! It was a more dangerous trade to enter than the previous one, because trend has been going on for a while now.

If you see you are late, either skip the trade or risk very little, otherwise always use 2% or whatever you use in all of your other trades.

Especially those of you completely new to forex, if you risk 5%, that's a good bye, because you will confuse things in the beginning, wrong lot sizes, wrong entries, buy instead of a sell (hhaha happened to me last week on gold).


To those new to forex: Next week risk maximum 2% next week when we trade. If you have succes., you can then choose any % you are comfortable losing (i would still recommend 2%, Cubbybgood uses 3%), but for the next week please use 2%, otherwise it would be sad if someone posts here that he blew his account or something.

Don't blame Cubby if you lose, especially with no money management. Babypips, forexoma, investopedia all have good articles about money management.

That was at least 50 pips I made in less than 30 mins,,,,,hmmmmm!!
on a Friday afternoon?? Unbelievable huh!

I did not take the trade on the 5 minute. I some times toy with the fact of entering 2 pips above or below swing levels with this system. This happens sometimes though when it breaks by 1 pip then bounces but some times it can be as much as 5 pips before it bounces. This is a hard call to make.

This is great but are you fallowing the rules? I dont want this to just be a lucky day...

For those in on the 15 min.

we could see trend contenuation here...

My guess is look to 1.36062 for a pivot back down

I am getting a bit paranoid though, must have done 20 good trades on my demo, then first live stops out on me.............mmm

My second trade with this strat stopped me out today (yesterday was my first), so no need to worry. Even better, considering high win chance, you are going to have 10 wins in a row!!! GL!

Alright, I am done for today, wish you all the best, I am off to... reading some forex stuff, looking how my stocks are doing, I did not have any emails about being stopped out so I guess, nothing bad there

Good Luck everyone, I hope you catch every pip that the price moves... or maybe even more than that! :>

This is one I just took a few minutes ago. Let us see how it goes.

It has been said that this pair is the most volatile in FX.....,!!!

I thought the buy on the 5min GBP is not valid because of the hour chart going down.

How about the spread for this pair?It should be huge...

we are nearing resistance at 1.36062. We should se reversal near hear....

http://forum.mt5.com/showthread.php?t=4506&p=71031

very confused. What is this?

Why are my posts on another forum?