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5 PIPS - Only Five

  • #241
  • Oct 30, 2014 12:19pm Oct 30, 2014 12:19pm
Quoting JackAntigua
3 in a row, I'm beginning to think there may be something in this method! {image}
its much easier to make 5 pips at a time than aim for 10,20,30 pips..thats the secret
YOUR MOTHERS ASS
  • #242
  • Oct 30, 2014 1:46pm Oct 30, 2014 1:46pm
Quoting tk5
in case you get frustrated listen this..it will fix u )))) http://www.youtube.com/watch?v=Uq6A8sDuwjs

lol.. love old Italo. Don't remember that one tho.

  • #243
  • Oct 30, 2014 3:10pm Oct 30, 2014 3:10pm
Did you guys take your 50 pips from AUDUSD today? I talked about it today earlier, to hit pivot.
always draw trendlines
  • #244
  • Oct 30, 2014 3:35pm Oct 30, 2014 3:35pm
hi tk5
what indicator you use for pivot lines?
thanks
fred
  • #245
  • Oct 30, 2014 3:39pm Oct 30, 2014 3:39pm
Quoting fredgold3434
hi tk5 what indicator you use for pivot lines? thanks fred
its regular pivot point any platform has..although its not mandatory i just look at it to understand max movements.
always draw trendlines
  • #246
  • Oct 30, 2014 4:23pm Oct 30, 2014 4:23pm
Quoting Flaviu1981
{quote} Can you tell me about what thread do you spoken to Ferru FX please?
You are one lucky person to get hands on the details of this method. Check your pm. There is something called "Traders' Effect". It is believed that a holy grail system loses its effect if many people know about it. Keep my trust.
The Thief of Wall Street
  • #247
  • Oct 30, 2014 6:51pm Oct 30, 2014 6:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 48 KB


another 5 pips locked in
YOUR MOTHERS ASS
  • #248
  • Oct 31, 2014 1:39am Oct 31, 2014 1:39am
watch for Gold today...its reached the bottom. christmas and new years holidays season coming, so make your decisions.
always draw trendlines
  • #249
  • Edited 7:43am Oct 31, 2014 6:39am | Edited 7:43am
Tk5, i made 5 pips each at the arrow in chart below. tq for the simplest trick
Attached Image (click to enlarge)
Click to Enlarge Name: atto.JPG Size: 209 KB
  • #250
  • Oct 31, 2014 7:41am Oct 31, 2014 7:41am
This method is good and simple, quick and profitable.
Need practice and practice.
Also need a better internet connection. Because if you are using MT4 that's work on TICK, the unsteady internet connection will becomes disaster.
Hi TK5,, thanks to posting this method, so many newbie also can make money.
Do another method too.
More you give more you get...... God bless you
Happy Trading.
  • #251
  • Oct 31, 2014 7:51am Oct 31, 2014 7:51am
I can't comment on the method, as I haven't tried it, I trade clean 1 minute charts. But I strongly agree with the ideology of gaining small consistent pips. My daily target is three trades each for 3 pips (my stop is also 3 pips so i'm risking about a 0.5% a pip).

Well done tk5 for pointing this out, when I first started out I struggled on the dailys going for those 50-100 pip moves, oh how things changed once I moved down to the 'noisy' 1 minute charts..

All the best trading everyone...
  • #252
  • Edited 9:18am Oct 31, 2014 7:51am | Edited 9:18am
Why does the OP need to share another method if you are making positive pips with the method already shown????????????

Keep perfecting this method until you master it. You only need one profitable strategy to be profitable. What is wrong with everybody looking for more.???? Stick with one and master it. When your overall trade capital increases so does the profits from each trade based on 1-5% risk. When you decide to go live, just don't keep withdrawing or you will never benefit from the compounding positive effect.

GREED



Quoting StingrayEA
This method is good and simple, quick and profitable. Need practice and practice. Also need a better internet connection. Because if you are using MT4 that's work on TICK, the unsteady internet connection will becomes disaster. Hi TK5,, thanks to posting this method, so many newbie also can make money. Do another method too. More you give more you get...... God bless you Happy Trading.
SPC * Swollen PocketZ Crew!
  • #253
  • Oct 31, 2014 8:07am Oct 31, 2014 8:07am
HI ALL! Thanks to tk5 for sharing this strategy. Its the simplest strategy ive ever tried.And it works!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 60 KB
  • #254
  • Oct 31, 2014 8:34am Oct 31, 2014 8:34am
Hi TK5,

Well done for sharing your method. I am a Newbie please how do I set the EMA 5? it requires three figures I believe, is it 5, 50, 200 as I have done in the chart image attached?

http://gyazo.com/d2841f40559bae33dd4e581f8e08b5e7

Could you help please?

Regards,
  • #255
  • Oct 31, 2014 8:54am Oct 31, 2014 8:54am
Quoting REgroup
Hi TK5, Well done for sharing your method. I am a Newbie please how do I set the EMA 5? it requires three figures I believe, is it 5, 50, 200 as I have done in the chart image attached? http://gyazo.com/d2841f40559bae33dd4e581f8e08b5e7 Could you help please? Regards,
hi, I am not sure which platform it is but you apply ema's sperately...and on each ema window there should ne Shift level..raise it to 2 (only for ema 5)
always draw trendlines
  • #256
  • Edited 2:48pm Oct 31, 2014 8:55am | Edited 2:48pm


Yes those noisy 1 minute charts I hear are account suicide. That's what you see posted everywhere. .....With that said , Nobody should ever trade M1 or you will blow your account. Everyone , please stay away from 1 minute charts.... Danger Danger

M1 is the holy grail IMHO

but that's another topic...


Quoting scalpforex
I can't comment on the method, as I haven't tried it, I trade clean 1 minute charts. But I strongly agree with the ideology of gaining small consistent pips. My daily target is three trades each for 3 pips (my stop is also 3 pips so i'm risking about a 0.5% a pip). Well done tk5 for pointing this out, when I first started out I struggled on the dailys going for those 50-100 pip moves, oh how things changed once I moved down to the 'noisy' 1 minute charts.. All the best trading everyone...
SPC * Swollen PocketZ Crew!
  • #257
  • Oct 31, 2014 9:21am Oct 31, 2014 9:21am
Quoting tk5
{quote} hi, I am not sure which platform it is but you apply ema's sperately...and on each ema window there should ne Shift level..raise it to 2 (only for ema 5)
Thanks TK5 for your response.

It's IG Index platform in the UK. Below is the default setting.

http://gyazo.com/6916429fa091564d67a0ebacd7abe0f2
  • #258
  • Oct 31, 2014 9:24am Oct 31, 2014 9:24am
Quoting REgroup
{quote} Thanks TK5 for your response. It's IG Index platform in the UK. Below is the default setting. http://gyazo.com/6916429fa091564d67a0ebacd7abe0f2
it probably has no shift functionality.
always draw trendlines
  • #259
  • Oct 31, 2014 9:26am Oct 31, 2014 9:26am
Quoting tk5
{quote} hi, I am not sure which platform it is but you apply ema's sperately...and on each ema window there should ne Shift level..raise it to 2 (only for ema 5)

I have unticked the other two EMA values and put 5 in the first EMA box.

It looks like this; http://gyazo.com/1521931424e7c152b4e951f725124dea

What value do I use for MACD 12, 26, 9? and RSI 14?

Thanks for your patience.
  • #260
  • Oct 31, 2014 9:28am Oct 31, 2014 9:28am
ReGroup

Unless I'm mistaken, your IG platform (presumably spreadbet, not MT4) won't give you Heiken Ashi, my ETX one doesn't and HA appears to be the primary filter for this strat.

Hats off to TK5, for the clarity of the strategy a real eye opener. I've been experimenting, with reasonable success in recent weeks with a method of making quick small gains by jumping on the back of proven momentum, so this fits in very well with where my trading style is heading, so thank you for sharing.
Getting there, slowly but surely...
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