Scalping & Swinging

EURUSD, H4, 2014 January 12
PO Short @ 1.3655 (2x), Targets @ 1.3597 (DPV), @ 1.3579 (mS1)
___
PO = Pending Order

Luciano Pavarotti - Ah! Mes Amis - La Fille du Régiment

LCrudeFeb14, Monthly, 2014 January 14
Global View

Angela Gheorghiu - La Wally: Ebben, ne andro lontana - Prague 1994

Gold Short @ 1248

Joan Sutherland "Casta diva" from "Norma"

Händel Alcina Aria 'Verdi prati' HWV34 by Andreas Scholl

Virus & Malware?
Be aware with all your public. pc's, please!
That's the reason for publishing only 200.-$ Accounts.
Kindest regards from Switzerland!
FXcube

Actual: ib.adnxs.com and 1000 other ones I think.

DAX
Monitorlist: Weekly (see #170), Daily, H1, M30, M15, (M5 with SMA14)
DAX ~9512

DAX
Ger30Mar14, Weekly, 2014 January 12

EURCHF, Daily, 2014 January 12
SMA200

Silver, Daily, 2014 January 12
Short @ 20.12/30

NZDUSD, Daily, 2014 January 13
Short @ 0.8301, Target @ 0.8230 (DS1)

Hello,

Another good day in my trading and I am verry happy.Today i manage to take 92 pips and add +0.92% on demo testing account!

It can be done very easy with discipline, practise and good plan!

Consistency is key,and that is my goal to have those result day after day without to much Draw Down on my account as I am very conservative!

Wish you all luck and happy trading!

Highest regards!

Amazing results from your side too, I am still unable to be consistent hope it will be better with time

Do you have any tricks to add / twist to ForexCube method ?

thanks

Hello EternalNewB,

No i don't have new tricks for now,i only using it on CRB and have differents goals and my own analyses (you must believe in yourself,not looking what others say because you will get confused and you will not learn that way)

Every day before I woke up 2 hours before London,checking news and doing analyse on longer brick size to give me clue where market could go and how it is position.


Checking support,resistance zones,drawing trendlines and see position of CCI.
I make decision in what direction I will start enter in positions or I wait till i get confidence and safer plan! When I am not sure and market is in middle,i do scalping on 3,7 brick size but entering in only high probability trades (divergence,reject of pivot,S/R line with confirmation of pattern and CCI positions which must be line on at least 3 brick size frames)

I am using LOM concept as Forexcube explained,which is really great edge for me because it can give market breath and it is stress free if you are discipline enought (many of peoples aren't but CCi give you discipline not to enter anywhere).

You need to have a plan MM and Risk management plan and stick to it,and most importing things of all is that you need to have screen time and be in front your computers,it is job not fun (fun will be later when we go in banks for our profit ) and KEEP IT SIMPLE.

Few years ago i had thousand indicators on my chart,and after some time i lost myself in those crap: ''if this,then that....ufff ,could me much simpler....''

Forex is psihologicall job at first place and if you have plan how to resolve and answered all question which can ask yourself about discipline,tehnique,MM and RM before start in real account than maybe you have something that is interesting...Forexcube surely has and he can always answear on every questions about how to resolve different situations....

DIFFERENT SITUATIONS? Yes you cannot have the same thing in this jungle and expect to be profitable.....As I said once ''it is hard to be rational in irrational world'' and you must adjust and do what market telling you....rest is money management

Off course you will not be always right but than ask yourself: ''what can i do when I am wrong,how can I solve this situation''!

...AND for me most important thing is think twice about STOP LOSS....I just don't like it (maybe sometimes when i cannot watch screen) but it is crap (FOR ME)...don't get me wrong,this is not advise to not use it if you like, but this question always bothered me: ''If stop loss is king,why 95% of retail traders fails over and over and why many of proffesionals who making money don't use it?''

......and learn,read,learn,read threads of this great man (FOREXCUBE ) who is willing to help this society....I ve read his threads few times until didn't see light at the end of tunel and get: ''aha moment''

sorry for english,

Wish you luck and green pipos!

Loss Order Mangement (LOM)

I'm here with published 3 x 200.-$-Real-Mini-Accounts: (http://www.forexfactory.com/forexcube).
One or two of them are managed as LOM-Account from time to time.
I like to sleep well in the night! So...
...besides that I have additively 1 x 400.-$-LOM-Account - Leverage 1:50 & 1 x 300.-$ LOM-Account (Hedging possible) - Leverage 1:400 (not published).
Due to the fact I can take more risk with these published 3 x 200.-$ Accounts, even though it's not necessary.
Conservative trading is the better way at all events - no doubt!
I like to trade more risky with these published Mini-Accounts.

To save up for a rainy day?
My concept is to make profit for LOM-Accounts at first, then for the bigger profit and put out the wins out of the accounts 50%-200% >.
It's better to have some accounts in the background for dire straits.

Be careful, please!
FXcube

Wish you luck and green pipos!

LOM - Loss Order Management
I like to transfer the profits of my accounts into new accounts.

Example
5 x 20'000.-$ Accounts (A-E)
After several months the deposits of these accounts could be, say:
Account A: 26'500.-$ (+6'500.-$)
Account B: 18'300.-$ (-1'700.-$)
Account C: 35'000.-$ (+15'000.-$)
Account D: 42'000.-$ (+22'000.-$)
Account E: 15'000.-$ (-5'000.-$)

Total: 43'500.-$ - 6'700.-$ = +36'800.-$ (Profit)

I open two new accounts now:

"Account F": 20'000.-$
&
"Account G": 10'000.-$

...and let the rest (6'800.-$) maybe on Account A.

Put out the money out of the accounts!

The market could dramatically change and you could loose all your money within one or two days or weeks!
FXcube

#177
400.-$-LOM-Account- Leverage 1:50
Let me explain some ideas here actually:

(1)
AUDCHF could be run down till 0.70. So it's better when trading this currency pair with enough deposits on your account.
200.-$ Account seems undercapitalized when going long now ~0.81/0.83 when it can drop downntill 0.70 (Monthly chart, MTFA - Multiple Time Frame Analysis).
So it seems suitably to trade it predominantly here at LOM.
Even if the AUDCHF would go down till 070, this carry trade will give positive interests allt he time and I could let it run year-round till 0.93/0.98.
What I have to do is nothing but wait.
It would give profit either way.

(2)
Some LOM-Accounts should be trade conservative.

Kindest regards
FXcube