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Simple Money Making Method

  • #1,941
  • Nov 9, 2012 2:30am Nov 9, 2012 2:30am
Excellent FX-Pro,

Got that one, coud be with the GBPUSD as well! What a simple and easy to follow method.

Cheers
Ymmit
  • #1,942
  • Nov 9, 2012 2:43am Nov 9, 2012 2:43am
Quoting FX-Pro
Folks,

Expecting the obvious.... on E/U - 1H

Cheers,
FX-Pro
Caution on E/U H4
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  • #1,943
  • Nov 9, 2012 3:00am Nov 9, 2012 3:00am
Quoting ymmit
Excellent FX-Pro,

Got that one, coud be with the GBPUSD as well! What a simple and easy to follow method.

Cheers
Ymmit
You are right Ymmit...the same setup is there on GU and also on USD/CHF (But for long)
  • #1,944
  • Nov 9, 2012 4:20am Nov 9, 2012 4:20am
I made a bit of a rookie error last night. I was long the USD/CAD and decided to tighten my SL to lock in some profit, but I forgot about rollover at 1700 ET. There's always a widening spread at this time. Won't make that mistake again!
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Most people have the will to win, few have the will to prepare to win
  • #1,945
  • Nov 9, 2012 6:33am Nov 9, 2012 6:33am
Quoting FX-Pro
Folks,

Expecting the obvious.... on E/U - 1H

Cheers,
FX-Pro
Damn, thats 4 AM for me
  • #1,946
  • Nov 9, 2012 6:38am Nov 9, 2012 6:38am
Did anybody take the trade on this one?
Please explain why or why not.
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  • #1,947
  • Nov 9, 2012 7:14am Nov 9, 2012 7:14am
Quoting koosvdh
Did anybody take the trade on this one?
Please explain why or why not.
I think it was a good one, I was sleeping.

Anyway, red news for the dollars in 2 hours, so avoid that.
  • #1,948
  • Nov 9, 2012 7:27am Nov 9, 2012 7:27am
Here is one potential setup for those who dare. EURCAD.

Cheers, Ciara
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Ideas shape the course of history
  • #1,949
  • Nov 9, 2012 7:29am Nov 9, 2012 7:29am
Quoting FX-Pro
You are right Ymmit...the same setup is there on GU and also on USD/CHF (But for long)
Be careful guys as EU and USD/CHF are very strongly negatively correlated pairs. Also EU and GU are correlated, if you are in all these trades you could be increasing your risk factor x3.
Something to think about.
  • #1,950
  • Nov 9, 2012 8:27am Nov 9, 2012 8:27am
Quoting koosvdh
Did anybody take the trade on this one?
Please explain why or why not.
I took a short trade at 2012.11.08 18:15, but the price hit my SL before the price goes down... sorry English is not my native language..
Trading is not easy
  • #1,951
  • Nov 9, 2012 8:38am Nov 9, 2012 8:38am
Quoting Ciara
Here is one potential setup for those who dare. EURCAD.

Cheers, Ciara
Thanks Ciara but its spread is tooooo big.
Make money Not pips
  • #1,952
  • Nov 9, 2012 8:45am Nov 9, 2012 8:45am
Hey guys,

I'd like to share my progress so far with this method. Since starting on 1st November I have made 4 trades, that are in line with the entry criteria, and I made 69 pips gross. Funilly enough they're all from different crosses. Thank you so much for sharing this method FX_Pro!!!

EUR/USD, 1st Nov, 12:38 EST: +41.4 pips

AUD/USD 2nd Nov, 08:00 EST: -16.6 pips

USD/CHF 7th Nov, 07:00 EST: +30.0 pips

USD/CAD 8th Nov, 10:59 EST: 14.2 pips
Most people have the will to win, few have the will to prepare to win
  • #1,953
  • Nov 9, 2012 8:51am Nov 9, 2012 8:51am
Quoting burnzmeister
Hey guys,

I'd like to share my progress so far with this method. Since starting on 1st November I have made 4 trades, that are in line with the entry criteria, and I made 69 pips gross. Funilly enough they're all from different crosses. Thank you so much for sharing this method FX_Pro!!!

EUR/USD, 1st Nov, 12:38 EST: +41.4 pips

AUD/USD 2nd Nov, 08:00 EST: -16.6 pips

USD/CHF 7th Nov, 07:00 EST: +30.0 pips

USD/CAD 8th Nov, 10:59 EST: 14.2 pips
Excellent work, more than these trades i appreciate your discipline taking just 4 trades for the month.... I LIKE IT... Exactly my way of trading....

Just take a glance at the chart every hour... if you see something jump in if not just get off.... as simple as that...

Keep it up burnzmeister... God Bless
  • #1,954
  • Edited 11:02am Nov 9, 2012 10:01am | Edited 11:02am
I'm short AUDUSD, using the 200 EMA as resistance.

Looks like my stop was too tight...
  • #1,955
  • Nov 9, 2012 10:36am Nov 9, 2012 10:36am
Quoting Trucomallica
I'm short AUDUSD, using the 200 EMA as resistance.

Did you enter at close of that candle? (the one that bounced off 200EMA)

THX
  • #1,956
  • Nov 9, 2012 11:00am Nov 9, 2012 11:00am
Hello everyone!
Ended the week 15 pips above BE.. not so good for a day trader

I´m sure this is off topic but I would very much appreciate if someone could point me to an application where I can introduce the outcome of my trades and view my equity balance as a graph so I can better monitor my progress.
I have tried googling it with little success so far.
I know MT4 for has something like this but my broker doesn´t support MT4.
I´m not much of an excell "fan" either

Thanks in advance.

Hope you had a good trading week!
Good weekend to you all!
  • #1,957
  • Nov 9, 2012 11:02am Nov 9, 2012 11:02am
Quoting Cal-FX
Did you enter at close of that candle? (the one that bounced off 200EMA)

THX
Yes
  • #1,958
  • Nov 9, 2012 11:04am Nov 9, 2012 11:04am
Quoting diver78
I´m sure this is off topic but I would very much appreciate if someone could point me to an application where I can introduce the outcome of my trades and view my equity balance as a graph so I can better monitor my progress.
http://www.myfxbook.com
http://www.mt4i.com/MTILive.aspx

You can keep your account details private. I like myfxbook.com as it gives you stats on trade duration, time of day profitability, pair profitability, etc
  • #1,959
  • Nov 9, 2012 11:41am Nov 9, 2012 11:41am
Quoting TheMaxx
http://www.myfxbook.com
http://www.mt4i.com/MTILive.aspx

You can keep your account details private. I like myfxbook.com as it gives you stats on trade duration, time of day profitability, pair profitability, etc
Checked them out. Unfortunately they don´t support the IG Markets platform
Thanks a lot anyway
  • #1,960
  • Nov 9, 2012 12:33pm Nov 9, 2012 12:33pm
i am new here...
can u explain me how to use supply/demand and round numbers indicator...
and what to look for in candle sticks...
what signs should i look for before entering the trade...
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