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1min Tricolour

  • #141
  • Jan 16, 2012 1:47am Jan 16, 2012 1:47am
Lets start new day.
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  • #142
  • Jan 16, 2012 2:52am Jan 16, 2012 2:52am
Lets see what happen
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  • #143
  • Jan 16, 2012 3:25am Jan 16, 2012 3:25am
Loss trade.
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  • #144
  • Edited 6:43am Jan 16, 2012 6:33am | Edited 6:43am
Win trade.


I remark that many times i am not able to hold open trade till 10 or 15% level. Thats why i close trade at 5%level. It is a bit flustrating when after that price is going further to next level.
I know that problem is in my mind. I affraid of turn wining trade to loss trade. I have to work about it . I need time to trust this system.
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  • #145
  • Jan 16, 2012 7:39am Jan 16, 2012 7:39am
Quoting truchtzero
Win trade.


I remark that many times i am not able to hold open trade till 10 or 15% level. Thats why i close trade at 5%level. It is a bit flustrating when after that price is going further to next level.
I know that problem is in my mind. I affraid of turn wining trade to loss trade. I have to work about it . I need time to trust this system.
the price moves sideways today.. no chance to get the really strong moves at the moment
  • #146
  • Jan 16, 2012 9:42am Jan 16, 2012 9:42am
Quoting AndreyBecker
the price moves sideways today.. no chance to get the really strong moves at the moment

I am not talking about today market conditions. I am talking about general problems in my trading. If i want to gain 5-10% (what is much more than enough for me) per day i have to change my attitude.
  • #147
  • Jan 16, 2012 11:10am Jan 16, 2012 11:10am
Hello truchtzero, I've been there. What I do, is move SL to open price as the system dictates, and then you are on a free trade, i.e the worst thing can happen is close the trade with $0 in gains So once you are on a free trade you have nothing to worry about.

Hope be helpful.

Regards,
Dragon

Quoting truchtzero
I am not talking about today market conditions. I am talking about general problems in my trading. If i want to gain 5-10% (what is much more than enough for me) per day i have to change my attitude.
  • #148
  • Jan 16, 2012 1:16pm Jan 16, 2012 1:16pm
Quoting dragonspeak
What I do, is move SL to open price as the system dictates, and then you are on a free trade, i.e the worst thing can happen is close the trade with $0 in gains So once you are on a free trade you have nothing to worry about.

Hope be helpful.

Regards,
Dragon

Yes, you are right. I know that it is very usefull method. It sounds very easy and resonable. But.... when my open trade is ,lets say +7% it makes me very sad when it is closed on BE. I fell like looser who dont know how to manage open trades. I know it has no sense. But it is result of my many loose trades from past. It is hard to me to fully trust any system. But now i am learning to trust this system because i like it very much.
If anyone can post some charts with trades it would be nice.
  • #149
  • Jan 17, 2012 1:21am Jan 17, 2012 1:21am
Perfect move with Frankfurt open this morning:
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30% trade!
9% yesterday.. so far: simply perfect!

Have a successful day guys!
  • #150
  • Jan 17, 2012 2:09am Jan 17, 2012 2:09am
Quoting Cyrus7
Perfect move with Frankfurt open this morning:
Bravo. Perfect trade. It is early morning and you can turn off computer.
On your screen i can see 5 pips spread on EU. Is it true value?
I have 1,1-1,4 spread.
  • #151
  • Jan 17, 2012 2:46am Jan 17, 2012 2:46am
Quoting truchtzero
Bravo. Perfect trade. It is early morning and you can turn off computer.
On your screen i can see 5 pips spread on EU. Is it true value?
I have 1,1-1,4 spread.
Thanks truchtzero, this system is so powerful! 30% reward for 5% risk..
@spread: 0,5pip because it's a 5-digit broker.

Regards
Mathias
  • #152
  • Jan 17, 2012 3:04am Jan 17, 2012 3:04am
Do you have to pay any commision?
It is very low spread. What broker is it?
  • #153
  • Jan 17, 2012 3:07am Jan 17, 2012 3:07am
Commission is a little bit higher than 7USD/round turn but the spread is really good. The name of the broker is Pepperstone..

Regards
Mathias
  • #154
  • Edited 3:35am Jan 17, 2012 3:22am | Edited 3:35am
Quoting Cyrus7
Commission is a little bit higher than 7USD/round turn but the spread is really good. The name of the broker is Pepperstone..

Regards
Mathias
7$ per lot (100,000) or minilot (10,000)? If it is 7$ per lot that means your transaction costs are:
7$+5$(spread)=12$ per lot.

I have no commision and spread is 1,1-1,4 pips =11-14$ per lot.

So it is more or less the same.
  • #155
  • Jan 17, 2012 3:31am Jan 17, 2012 3:31am
Quoting truchtzero
7$ per lot (100,000) or minilot (10,000)?
Per Lot (100,000)

Mathias
  • #156
  • Jan 17, 2012 3:51am Jan 17, 2012 3:51am
Quoting truchtzero
7$ per lot (100,000) or minilot (10,000)? If it is 7$ per lot that means your transaction costs are:
7$+5$(spread)=12$ per lot.

I have no commision and spread is 1,1-1,4 pips =11-14$ per lot.

So it is more or less the same.
what broker do you use?
  • #157
  • Jan 17, 2012 4:11am Jan 17, 2012 4:11am
fxpro
  • #158
  • Jan 17, 2012 5:05am Jan 17, 2012 5:05am
Quoting truchtzero
7$ per lot (100,000) or minilot (10,000)? If it is 7$ per lot that means your transaction costs are:
7$+5$(spread)=12$ per lot.

I have no commision and spread is 1,1-1,4 pips =11-14$ per lot.

So it is more or less the same.
BUT I don't have a conflict of interest with my ECN broker (at least I hope so). I would never trade such a strategy (2-5 pips SL for example) with a Market Maker. I have been with FxPro for 6 months last year and they are definitely not world's best broker (in my opinion).. But of course, everyone has to decide for himself/herself which broker is the best one for his/her trading style.

The advantage of Pepperstone is that they offer an ECN-account with a high leverage (up to 1:400).

kind regards
Mathias
  • #159
  • Jan 17, 2012 5:13am Jan 17, 2012 5:13am
Quoting Cyrus7
BUT I don't have a conflict of interest with my ECN broker (at least I hope so). I would never trade such a strategy (2-5 pips SL for example) with a Market Maker. I have been with FxPro for 6 months last year and they are definitely not world's best broker (in my opinion).. But of course, everyone has to decide for himself/herself which broker is the best one for his/her trading style.

The advantage of Pepperstone is that they offer an ECN-account with a high leverage (up to 1:400).

kind regards
Mathias
How long do your trade with peperstone? i would prefer ecn-account too..
  • #160
  • Jan 17, 2012 5:14am Jan 17, 2012 5:14am
Quoting Cyrus7
I have been with FxPro for 6 months last year and they are definitely not world's best broker (in my opinion).
You are right. I didnt say they are best. I only compare transaction costs.
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