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5 PIPS - Only Five

  • #721
  • Nov 12, 2014 7:01am Nov 12, 2014 7:01am
new sell signal on eu and new buy signal on uc

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  • #722
  • Nov 12, 2014 7:06am Nov 12, 2014 7:06am
Quote
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!....

that's it
  • #723
  • Nov 12, 2014 7:07am Nov 12, 2014 7:07am
Quoting jmatt35
{quote} I know all those things. Btw for now I use the original and simple concept as the author stated. If you start putting on charts ten indicators you will end have conflicting signals and have to do overcomplicate and not objective analysis otherwise you have very less signal because all should be aligned and it doesn't happen that much. and is not for beginners. we need fresh signals each hour and get our 5 pips or around 25 dollars. anybody should be able to do this. no fear and greed. this is the purpose of the thread right? Please the author...
You won't get conflicting signals if you follow the rules, you are taking every signal and
expecting your own ATM. It doesn't work like that and that is the hard part and being discretionary.
dee50 has posted some very good charts explaining this.

At the very least put Heiken-ashi on.
"patience grasshopper"
  • #724
  • Nov 12, 2014 7:08am Nov 12, 2014 7:08am
5 pips reached on usdjpy

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  • #725
  • Nov 12, 2014 7:08am Nov 12, 2014 7:08am
Quoting jmatt35
Target reach on eurusd. 5 pips. Bull candle crossed convincingly 5 EMA and closes above. Buy next candle open. Target 5 pips. {image}
Dashboard uses synergy_APB which is an external indicator so you need to install it. All other indicators used by Dashboard are MT4 indicators and therefore no other indicators need to be installed.

So if you want to use just the dashboard, install dashboard as well as synergy and the dashboard will work,
  • #726
  • Nov 12, 2014 7:13am Nov 12, 2014 7:13am
Quoting Kubiasty
Divergence on USDJPY ? As tactic DEE says.{image}
For Gawd sakes Kubiasty, that's hidden divergence and is a possible sign of a trend continuation. Please do yourself a favour and do a bit of studying over at babypips.com.
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  • #727
  • Nov 12, 2014 7:14am Nov 12, 2014 7:14am
Quoting TradeForexFx
{quote} Dashboard uses synergy_APB which is an external indicator so you need to install it. All other indicators used by Dashboard are MT4 indicators and therefore no other indicators need to be installed. So if you want to use just the dashboard, install dashboard as well as synergy and the dashboard will work,
Those things overcomplicate analysis too much and is not for beginner. That's not basic thing that is staring at charts every minute and evaluate dozen of things simultaniously

Quote
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!....

This was the essence of the thread. basic and simple stuff, nothing else.
  • #728
  • Nov 12, 2014 7:15am Nov 12, 2014 7:15am
Iam long onUSDJPY --->
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  • #729
  • Nov 12, 2014 7:23am Nov 12, 2014 7:23am
2 tp missed by 1 pip turned in 2 losses

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and another

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simple buy when price crossing and close above 5 EMA (2 shift). 5 pip target. Keep it simple.
All trades documented in real time with screenshot and motivations.
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  • #730
  • Nov 12, 2014 7:27am Nov 12, 2014 7:27am
Quoting littlecraig
{quote} No you defiantly don't understand this simple strategy you do not have to take every single trade that crosses the 5ema take your time and pick the right ones look at your charts look at the HA candles, look at the RSI look at sentiment, look at the price action
No, jmatt35, is a joker, or a "yellow submarine" ?......... jmatt35, does not see, trends, supports, resistances, round prices, prices ranges, pullbacks, breaks, rebounds, news ..... No, jmatt35, does not see what TK5, is just the trigger to fire when the logic and common sense tells you not to enter .........

Yes, definitely jmatt35, is a joker.
  • #731
  • Nov 12, 2014 7:29am Nov 12, 2014 7:29am
Quoting jmatt35
This isn't looking good as supposed to preparing to bail out near breakeven if possible, stop is very far and better dont risk that much. {image} p.s. as you can see even a candle crossing and close around a single line isn't an obvious and certain event.
the trend is short why are you trading long?? i think some people have not understand what they do, not every cross is a trade
  • #732
  • Nov 12, 2014 7:31am Nov 12, 2014 7:31am
Quoting Kubiasty
Divergence on USDJPY ? As tactic DEE says.{image}
You were saying?
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Cut your Losers short and let your Winners run.
  • #733
  • Nov 12, 2014 7:32am Nov 12, 2014 7:32am
Quoting jmatt35
Fresh signal and new position open. Easy 5 pips, right? {image}
listen, nobody urges you to trade this way. no need to show sarcasm here.
simple fact many others make it happen from this but not you says it all.

I dont have time or desire to convince you to work with such method.

first and foremost signal that you do everything wrong is that you dont use HA to confirm a trade set-up.
always draw trendlines
  • #734
  • Nov 12, 2014 7:34am Nov 12, 2014 7:34am
His just being a complete cxxt
if its not for you then just move on simple.

just spamming with his randon charts mug
  • #735
  • Nov 12, 2014 7:42am Nov 12, 2014 7:42am
Quoting dee50
{quote} You were saying? {image}
Yes dee50 so why that goes down ??
  • #736
  • Nov 12, 2014 7:44am Nov 12, 2014 7:44am
Quoting tk5
{quote} listen, nobody urges you to trade this way. no need to show sarcasm here. simple fact many others make it happen from this but not you says it all. I dont have time or desire to convince you to work with such method. first and foremost signal that you do everything wrong is that you dont use HA to confirm a trade set-up.
I just run your strategy as you original stated.

Take a M15 chart and plot a 5 EMA 2 shift on it. When price crosses the EMA and closes beyond, buy/sell next candle and aim for 5 pips.

Guess what? It doesn't work.

I posted every trade I took and not only the one that is winning like too many do all the time in the forum making people think that this or that is a 100% win strategy.

You said basic stuff and basic skill, no need for indicators and EA and algorythms.

You didn't speak about heiken ashi at the beginning, and then came out dozen of things like rsi, HEINEKEN ashi, pivot points, trendlines, sentiment, price action, divergences. This is a very complex strategy and not just basic stuff. And I bet that even that way you can't make easy money but you have to earn them sweating blood

These are your words:

Quote
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...

I don't have nothing personal against you anyway. Just wanted to make my point. This is not easy business you need lots of time and effort to succeed. Putting a 5 EMA on M15 chart or whatever just doesn't make money.
  • #737
  • Nov 12, 2014 7:48am Nov 12, 2014 7:48am
Quoting Kubiasty
{quote} Yes dee50 so why that goes down ??
Maybe this will clear it up for you!
Attached File(s)
File Type: pdf Divergence + Hidden Divegence.pdf   442 KB | 596 downloads
Cut your Losers short and let your Winners run.
  • #738
  • Nov 12, 2014 7:49am Nov 12, 2014 7:49am
Quoting Kubiasty
{quote} Yes dee50 so why that goes down ??
Why are you being such a complete and utter stump, look at post 726 !!!!!!! Exasperated, it's like dealing with a 2 year old.
  • #739
  • Nov 12, 2014 7:53am Nov 12, 2014 7:53am
Quoting JackAntigua
{quote} Why are you being such a complete and utter stump, look at post 726 !!!!!!! Exasperated, it's like dealing with a 2 year old.
Yes .......
  • #740
  • Nov 12, 2014 7:53am Nov 12, 2014 7:53am
my demo trading today. I used 5Min TF with 3-5 pips tp.
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