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Daily 10% Profit With My System

  • #61
  • Nov 5, 2011 8:46pm Nov 5, 2011 8:46pm
Quoting Raghu_C
i asked that because win ratio is important in high leverage trading
I never use high leverage and never will. In my opinion high leverage trading is the shortest way to blow up the account.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #62
  • Nov 5, 2011 8:48pm Nov 5, 2011 8:48pm
[quote=Raghu_C;5105668]
Quoting fxpunk2011

just now i edited that, i started this thread in strategy discussion section but i asked offer price when i didn't have initial investment so mod moved this thread to Commercial Forum. that's what happened.

let know how many EA you used before ? how was the result ?

are you trying to share your strategy in your thread???
  • #63
  • Nov 5, 2011 8:50pm Nov 5, 2011 8:50pm
Quoting Favorite
I never use high leverage and never will. In my opinion high leverage trading is the shortest way to blow up the account.
do it just for fun in your spare time with small deposit, this is better than watching youtube to wait for the news reports in economical calender ....
  • #64
  • Nov 5, 2011 8:55pm Nov 5, 2011 8:55pm
Quoting Raghu_C
do it just for fun in your spare time with small deposit, this is better than watching youtube to wait for the news reports ....
On the one hand you're probably right, risking a couple of bucks is no big deal.

However, on the other hand practically all good traders say: you have to treat all your trades like the serious trades, even if you trade demo or 0.01 lot. Otherwise you will get used to "having fun" and eventually you will treat "the serious trades" like the "funny" ones.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #65
  • Nov 5, 2011 8:59pm Nov 5, 2011 8:59pm
[quote=fxpunk2011;5105680]
Quoting Raghu_C


are you trying to share your strategy in your thread???
sure i already explained that i am trading in range from 1 min to monthly chart

1, Analise your currency pair's range in every time frame
2, Watch economical calender and news to understand wrong direction

why and when our trades gone wrong .... then close it or hedge if there is chance to return. < not recommended
  • #66
  • Nov 11, 2011 3:22am Nov 11, 2011 3:22am
I want to share my system with you. (Oct +16% nov +4%) VERY very simple - use the attached indicators (Pivots/Scalp indicator). NOTE this is not to scalp though - it doesnt work for that.

Ok so use the 4HR chart - on the scalp indicator red means sell yellow means buy, BUT we dont just use that. We need an edge.

If you have a new candle and a new colour ie yellow turns red then theres a sell opportunity. Now make sure market flow agrees ie its down. Now check the market volatility - if its tiny dont bother, if there is movement then we have 3 reasons giving us the edge to set up the sell.

S/L I use 50 pips, if you want to catch more trades have it at the previous candles high. However risk is higher then - aim for 1% risk.

Now for the TP target - set this at 5-10 pips before the next pivot line. (dailypivots indicator). This protects from reversals. Ive traded this on demos and tweaked over time and starting trading it on a real account in October and made profits. Loosing trades are minimal.

Im happy to show validated results to those wanting to try this - theres no charge - here to help the fx community.

Please do not try and resell this as I did create the strategy and did not intend it to be a profit maker - I aim to help people. Please respect this.

and please comment
Attached File(s)
File Type: ex4 Daily Pivot Lines.ex4   16 KB | 352 downloads
File Type: ex4 freescalpingindicator.ex4   4 KB | 385 downloads
  • #67
  • Last Post: Jan 17, 2012 10:08pm Jan 17, 2012 10:08pm
Quoting Favorite
Raghu_C, I took a look at your first day trading and I want to make sure that I understand your MM:

1). When you have only 274.00 in your account, you trade 0.1 lot? Most of the traders trade 0.1 lot only when they have at least 1,000.00 account, so the normal lot size is 4 times smaller than your lot size! In other words, you're 4 times overleveraging!

2). Your TP is 20 pips, but your SL is approximately 500 pips (I see different figures in different trades, but it is usually several hundred pips). I understand that this 500 pips...



i find this guy funny.......he go around people's thread and start lamenting on their trades..........kiddie...i know it's school holidays.........go get a job at macdonalds
I have past history of statements to justify what i say.
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