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Attachments: 5 PIPS - Only Five
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5 PIPS - Only Five

  • Post #1
  • Quote
  • First Post: Edited 4:25pm Oct 27, 2014 4:10pm | Edited 4:25pm
Forex is about making five pips in an hour...

We have been abusing ourselves with reading, seeking and doing all that crap to make money from FX.

We are all fools.

Do you indeed need indicators, algos, malgos, zalgos I don't know codings modings to make 5 damn pips???
You need very basic forex skills...yes, basic skill to earn 5 pips and move out immediately!

5 pips is just simple and shortest movement of a God damned candle my friends. Yes it's.
And can't we really locate that movement during an hour?! We all can and we will!.

And if you think you still cant do it that means you are afraid of the market and must quit trading. Yes you must.

THINK ABOUT IT: you locate a movement up or down...open a position of 50K (0.5 lot), take those 5 pips and close the position. Then come back next hour do it again!
$25 an hour. enough.

(I suggest you use 1:500 leverage and ECN only!. Dont be afraid. High leverage is an opportunity not a risk)

This is the System - it's called Move Your Butt and Dont be Scared!

to be continued....we can bring hundreds of simple examples/situations on charts how to locate such 5 pips change.
always draw trendlines
hi
its great to say that.but how we determine the up or down movement,so we dont go through the huge lost?
regards
fred
Quoting fredgold3434
hi its great to say that.but how we determine the up or down movement,so we dont go through the huge lost? regards fred
listen Fred...simply open a M15 chart...look at it...
Apply 5 EMA with 2 shift.
candle crosses 5ema..next opens inside...
you can easily take 5 pips and get hell out. There will surely be 5 even more there..FOR SURE!

please do it now....see how many such short movements you can do. Did you see?? It's so simple.
always draw trendlines
Do you need to read books to do this?? Look at the chart.
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always draw trendlines
  • Post #5
  • Quote
  • Edited 4:49pm Oct 27, 2014 4:37pm | Edited 4:49pm
5 is the Magic Number my friends..

5 EMA and 5 PIPS...and 50K lot and 1:500 leverage.

and of course non-news quiet times.

now move your butts
always draw trendlines
Quoting tk5
{quote} listen Fred...simply open a M15 chart...look at it... Apply 5 EMA with 2 shift. candle crosses 5ema..next opens inside... you can easily take 5 pips and get hell out. There will surely be 5 even more there..FOR SURE! please do it now....see how many such short movements you can do. Did you see?? It's so simple.
Thanks tks for this simple yet powerful system. I want to get it clear. You enter the next candle after the candle that crosses the EMA?
Quoting easy123
{quote} Thanks tks for this simple yet powerful system. I want to get it clear. You enter the next candle after the candle that crosses the EMA?
what I said is the just very simple way earning 5 pips..but very powerful.

there canbe so many simple situations where you can get those damn 5 pips.

as candle crosses 5 ema (2 shift is important!) wait wait...and wait cause most of time next candle may briefly go opposite direction..then as you see it coming back looking solid take action on second candle..dont wait too much. in Forex entering a trade as early as possible is important.

guys..biggest mistake we make is this: as candle goes opposite direction we panic!! Dont panic! You must give the position some space/room to develop.
and besides, 5 ema is very powerful...very. crossing it already means alot!
always draw trendlines
right now at this moment open USDCHF...apply 5 ema on H1...and you see it's happening there...now go to M15. as you can see it's been forming..

are you really that naive not to take your 5 pips from this obvious set-up??))))

do you really need to watch Bloomberg TV all day long to this ONCE IN ONE HOUR???

I encourage you guys...
always draw trendlines
Quoting tk5
right now at this moment open USDCHF...apply 5 ema on H1...and you see it's happening there...now go to M15. as you can see it's been forming.. are you really that naive not to take your 5 pips from this obvious set-up??)))) do you really need to watch Bloomberg TV all day long to this ONCE IN ONE HOUR??? I encourage you guys...
Gat it man. Needs little PA along side. That's great...
Quoting tk5
right now at this moment open USDCHF...apply 5 ema on H1...and you see it's happening there...now go to M15. as you can see it's been forming.. are you really that naive not to take your 5 pips from this obvious set-up??)))) do you really need to watch Bloomberg TV all day long to this ONCE IN ONE HOUR??? I encourage you guys...
Thanks for you answer!
totally agree with this ...too many people are 2 afraid to trade ....
TRUMPS TWEETS ARE MASS MONEY OPPORTUNITIES
now admin thinks it's a Rookie Talk Kinda offensive.

It's an Ideology with simple rules and encouragement...and in a great sense it's a trading system.
always draw trendlines
Quoting cchersia
{quote} Thanks for you answer!
Do you have any favorite pair ?
Quoting cchersia
{quote} Do you have any favorite pair ?
not really but I suggest to trade those pairs with higher pip value not sth like USDZAR, USDMXN
always draw trendlines
I will try... subscribed!!!
What is your SL if it "if it does" goes against you?
Quoting tk5
{quote} not really but I suggest to trade those pairs with higher pip value not sth like USDZAR, USDMXN
Do you use Stop Loss?
Quoting fxdk
What is your SL if it "if it does" goes against you?
if you use SL in this way you will waste money (because price actions is very close) and nerves...just better do it during quiet times and stay behind monitor...

DONT BE SAD when you miss more pips along the way..The idea is to take your 5 pips and leave computer. come back later...
THERE ALWAYS BE 5 PIPS ON MARKET

make 5 pips every hour , 4-5 hours a day. it will be steady and clean.

All I suggest to do is these:
--- avoid platforms like MT4..I dont use it..if you use it use only ECN account
--- Use ECN accounts.
--- if you dont have much money use 1:500 leverage to be able to open at least 30K lots
--- DONT FORGEt: Trading is a business...Business requires investing!! Dont be stingy!
always draw trendlines
if you are on M15 to avoid wasting nerves use Heiken Ashi for locating the trade then swtich to candles (after deciding to enter or after entering) (in this way you will more clearly control situation).
always draw trendlines
Quoting tk5
Forex is about making five pips in an hour... We have been abusing ourselves with reading, seeking and doing all that crap to make money from FX. We are all fools. Do you indeed need indicators, algos, malgos, zalgos I don't know codings modings to make 5 damn pips??? You need very basic forex skills...yes, basic skill to earn 5 pips and move out immediately! 5 pips is just simple and shortest movement of a God damned candle my friends. Yes it's. And can't we really locate that movement during an hour?! We all can and we will!. And if you think...
If you so sure why not use 5 lot, 50 lot instead 0.5 lot? you can make $250, $2500 in an hour.
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