5 PIPS - Only Five | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Demo contest only - 20 pips TP and 20 pips stop - Any TF 54 replies

My Fix Plan: SL 20 pips & TP 5 pips 4 replies

Flappy Pips - How to keep your hard earn PIPS 7 replies

I lose 40 pips and win 6 to 10 pips... 17 replies

spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies

Attachments: 5 PIPS - Only Five
Exit Attachments

5 PIPS - Only Five

  • #581
  • Nov 10, 2014 4:58am Nov 10, 2014 4:58am
thx mebabizland..

Just a little advice for pairs of larger spreads like XAU/USD - USD/SEK - USD/ZAR...use H1 instead of M15. \
they wont work with short timeframes.
always draw trendlines
  • #582
  • Nov 10, 2014 6:11am Nov 10, 2014 6:11am
TK5 Why don't you make a video about your system, record one day of your trading and show us how you do
  • #583
  • Nov 10, 2014 6:23am Nov 10, 2014 6:23am
Absolutely disgusted with this method of trading. TK5 Should be ashamed of himself for putting this up.
All this system does is make you money. That is terrible. Why should traders make money. That's not what Forex Trading is for, is it?
Every time I enter into a trade, it makes money...disgusting. I am having to think seriously about Porsche's and Ferrari's and paying off the mortgage...terrible.
What's Forex Trading coming to? Where are all the "I am having to recover my losses" happy days?
TK5, take this system off. It's not fair. It only makes money.
I am so disgusted that I will keep my subscription going.
That'll teach you.
  • #584
  • Nov 10, 2014 6:34am Nov 10, 2014 6:34am
Quoting safhammer
Absolutely disgusted with this method of trading. TK5 Should be ashamed of himself for putting this up. All this system does is make you money. That is terrible. Why should traders make money. That's not what Forex Trading is for, is it? Every time I enter into a trade, it makes money...disgusting. I am having to think seriously about Porsche's and Ferrari's and paying off the mortgage...terrible. What's Forex Trading coming to? Where are all the "I am having to recover my losses" happy days? TK5, take this system off. It's not fair. It only makes...
Brilliant !! Nice to see someone with a sense of humour!
Getting there, slowly but surely...
  • #585
  • Nov 10, 2014 6:57am Nov 10, 2014 6:57am
Quoting Edlich
{quote} Brilliant !! Nice to see someone with a sense of humour!
Mate, there's too many moaners on here. Just getting fed up with them.
A system works, use it, end of.
  • #586
  • Nov 10, 2014 7:42am Nov 10, 2014 7:42am
Quoting santos23
{quote} This is the last post im going to post directed to you or your thread, im not trying to ruin anything for you or dismiss that this works. Go back the whole thread and see if i insulted anyone. Never did. Check today the people who think theyre smart and funny enough, and see what they had to say about me. check my past posts on my profile about trading to see if im a newbie or not. If you want to hit, well make sure you can get hit too when the time comes. This world aint a one way for everyone, its ying and yang. goodbye {image} It seems...
You made my day
Risiko birgt immer auch die Chance.
  • #587
  • Edited 8:12am Nov 10, 2014 8:01am | Edited 8:12am
Throughout this thread and also private consultations with peers I often come across similar concern:
- either price doesnt hold much the way one enters
- OR it reverses back quickly resulting in losses.

After analyzing all these let me clarify things up.
Look at the chart..What do you see? market is downwards (even on M15 its obvious) no matter short or mid-terms!
YOU MUST LOOK AROUND. YOU SEE IT RIGHT.

So on the zones circled there are many BUY (or SELL) opportunities. Yes there are. But they are very narrow, short corrections..
ALWAYS LOOK AT SIZE OF CANDLES! THE SMALLER CANDLES THE MORE UNDECIDED THE MARKET IS, SO ANYTHING CAN HAPPEN.
YOU SEE PRICE IS UNDER EMA200 - YOU CANT IGNORE IT!!! IF YOU IGNORE THE MOTHER (200) SHE WILL PUNISH YOU.

So what to do???
Answer: stop acting hastily! Wait until either m15 candles get bigger OR it properly crosses 200!. OR switch to another pair.
YOU MUST LEARN TO WAIT!
YOU CAN THEORETICALLY ENTER ANY OF THESE SET-UPS EVEN ON SUCH CIRCUMSTANCES BUT ONLY IF YOU HAVE ENOUGH BALLS AND ONLY IF YOU WILL LEAVE QUICKLY. BUT IF YOU DONT WANNA RISK THEN DONT GO AGAINST THE MARKET DIRECTION. VERY SIMPLE.

http://www.imagesup.net/?di=0141562740110
always draw trendlines
  • #588
  • Nov 10, 2014 8:29am Nov 10, 2014 8:29am
Quoting safhammer
Absolutely disgusted with this method of trading. TK5 Should be ashamed of himself for putting this up. All this system does is make you money. That is terrible. Why should traders make money. That's not what Forex Trading is for, is it? Every time I enter into a trade, it makes money...disgusting. I am having to think seriously about Porsche's and Ferrari's and paying off the mortgage...terrible. What's Forex Trading coming to? Where are all the "I am having to recover my losses" happy days? TK5, take this system off. It's not fair. It only makes...
always draw trendlines
  • #589
  • Nov 10, 2014 8:36am Nov 10, 2014 8:36am
think about 5 only

http://www.imagesup.net/?di=514156300288
always draw trendlines
  • #590
  • Nov 10, 2014 8:46am Nov 10, 2014 8:46am
Quoting safhammer
{quote} Mate, there's too many moaners on here. Just getting fed up with them. A system works, use it, end of.
COYI
  • #591
  • Nov 10, 2014 8:50am Nov 10, 2014 8:50am
EU ongoing currently at B/E +5
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15 101114.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #592
  • Nov 10, 2014 8:54am Nov 10, 2014 8:54am
Quoting littlecraig
{quote} COYI
COYI...the only (real) team in LONDON!!!
  • #593
  • Nov 10, 2014 9:01am Nov 10, 2014 9:01am
Done for the day. EU +20 +12 +20. My Trade Manager keeps down sizing my lots, not very observant of me, but I have only just noticed. Dick Head.!!
Attached Image (click to enlarge)
Click to Enlarge Name: EU +20 +12 +20 101114.png Size: 54 KB
Cut your Losers short and let your Winners run.
  • #594
  • Nov 10, 2014 9:05am Nov 10, 2014 9:05am
Quoting dee50
Done for the day. EU +20 +12 +20. My Trade Manager keeps down sizing my lots, not very observant of me, but I have only just noticed. Dick Head.!! {image}
Nice work mate!

A question: 2nd trade you go short above the EMA200 is this not against your "Rule"?

Greetz Michael
  • #595
  • Nov 10, 2014 9:06am Nov 10, 2014 9:06am
Quoting dee50
Done for the day. EU +20 +12 +20. My Trade Manager keeps down sizing my lots, not very observant of me, but I have only just noticed. Dick Head.!! {image}
Cat is rocking))
would you tell the auditorium what lots you open.
always draw trendlines
  • #596
  • Nov 10, 2014 9:20am Nov 10, 2014 9:20am
Done for de day,
UJ+11
CJ+6
AJ+6
EU+6

so far very happy with the system, although I have not closed any operation in lost, although some have been negative at -30 pips.
Where we would have to have the psychological SL? for the R: R profitable? -15 pips?
  • #597
  • Nov 10, 2014 9:25am Nov 10, 2014 9:25am
Quoting dee50
Done for the day. EU +20 +12 +20. My Trade Manager keeps down sizing my lots, not very observant of me, but I have only just noticed. Dick Head.!! {image}
I also use Nighlist UT, if HA candles and Nightlis UT in same direction and ema200 too, is a pretty safe trade.
One question, you can hang the trade manager TM3v1.1?
Thank you.
  • #598
  • Nov 10, 2014 9:33am Nov 10, 2014 9:33am
Quoting tk5
{quote} Cat is rocking)) would you tell the auditorium what lots you open.
2 full contracts. HAH!!
Attached Image (click to enlarge)
Click to Enlarge Name: Not paying attention.png Size: 42 KB
Cut your Losers short and let your Winners run.
  • #599
  • Nov 10, 2014 9:44am Nov 10, 2014 9:44am
Quoting Clipi
{quote} I also use Nighlist UT, if HA candles and Nightlis UT in same direction and ema200 too, is a pretty safe trade. One question, you can hang the trade manager TM3v1.1? Thank you.
If you mean can I post the Trade Manager, I am afraid, no, It was given to me by some one who paid to have it written and they asked me not to give it away, and I am respecting that.

There are a number of free TMs here on FF. WUKAR Trail is one that I have used

Attached File(s)
File Type: mq4 WUKAR_WB_Trail_v1_3_2e.mq4   12 KB | 311 downloads


There are others available from other sites. I will have a look around and post any that I can find

I am currently using a SL = 20 TP =20. B/E +1 @3.5, Then Trailing Stop @10 -5.
Cut your Losers short and let your Winners run.
  • #600
  • Nov 10, 2014 9:45am Nov 10, 2014 9:45am
Quoting dee50
{quote} 2 full contracts. HAH!! {image}
good job if real. you are being brave, although trying to scoop everything on one or two trades.
always draw trendlines
1 trader viewing now