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Attachments: Daily green/red candle
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Daily green/red candle

  • #2,841
  • Jul 5, 2016 11:52pm Jul 5, 2016 11:52pm
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  • #2,842
  • Jul 6, 2016 12:01am Jul 6, 2016 12:01am
the results are no bad if you think that after brexit , the market is still searching what to do

dont agree?
  • #2,843
  • Jul 6, 2016 6:30am Jul 6, 2016 6:30am
Quoting dimdel
the results are no bad if you think that after brexit , the market is still searching what to do dont agree?
Hi Dimos!

The system is great, so the results will normalize when the dust of Brexit settles.

Keep it up with good ideas!
Enter Signature
  • #2,844
  • Jul 9, 2016 1:38am Jul 9, 2016 1:38am
Quoting thomasK
{quote} Hi Dimos! The system is great, so the results will normalize when the dust of Brexit settles. Keep it up with good ideas!
hi thomas
  • #2,845
  • Jul 9, 2016 1:44am Jul 9, 2016 1:44am
well 2 weeks results

only for working traders to view the charts only once the day at 00.01
this strategy its impossible use it if you are on screen > 6 hours every day
because cant wait the signals
so if you have time to spend in forex , try other method


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  • #2,846
  • Jul 9, 2016 1:52am Jul 9, 2016 1:52am
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  • #2,847
  • Jul 9, 2016 1:56am Jul 9, 2016 1:56am
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  • #2,848
  • Jul 9, 2016 2:00am Jul 9, 2016 2:00am
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  • #2,849
  • Jul 9, 2016 2:02am Jul 9, 2016 2:02am
so if you have right pair basket
then the results are positive
  • #2,850
  • Jul 9, 2016 6:56am Jul 9, 2016 6:56am
Quoting dimdel
well 2 weeks results only for working traders to view the charts only once the day at 00.01 this strategy its impossible use it if you are on screen > 6 hours every day because cant wait the signals so if you have time to spend in forex , try other method {image}
So actually u say, sit back and relax and enyoy the earnings from forex wile u have a good meal and nice drink. And let the marked does it job as supposed to be
"The only difference between men and boys is the price of their toys". :-)
  • #2,851
  • Jul 9, 2016 7:57am Jul 9, 2016 7:57am
Quoting Musicfreak
{quote} So actually u say, sit back and relax and enyoy the earnings from forex wile u have a good meal and nice drink. And let the marked does it job as supposed to be
right
but when you put the pending orders, close the laptop
just take a look 2-3 times during the day
and put the new orders at 00,01

yes let the market take all the noise
  • #2,852
  • Jul 9, 2016 8:08am Jul 9, 2016 8:08am
a pro trader trading room / and / rest room

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  • #2,853
  • Edited 10:35am Jul 9, 2016 9:55am | Edited 10:35am
Quoting dimdel
a pro trader trading room / and / rest room {image} {image}
To have many screens could be nice and quick if u like to work in standing position, and do put on every screen a favorite pair. So u can see quickly how it is on the market. And when u use multiple accounts so each screen represented an account.
But for my self i do use as secondary screen a 40" UHD screen from LG to see chart over a longer period more easy DSR Look left...Structure leaves clues.. And a primary screen a 24" dell 1920x1200.
As second a portable option a 17,3" laptop just to work in a portable way and/or as backup.
And third i let send MT4 accounts push message to my mobile. So if needed i can check it from my mobile to.
So no reason to sit all day behind pc screens and build stress and get back pain. That's from my point of view.
"The only difference between men and boys is the price of their toys". :-)
  • #2,854
  • Jul 10, 2016 3:50am Jul 10, 2016 3:50am
Quoting Musicfreak
{quote} To have many screens could be nice and quick if u like to work in standing position, and do put on every screen a favorite pair. So u can see quickly how it is on the market. And when u use multiple accounts so each screen represented an account. But for my self i do use as secondary screen a 40" UHD screen from LG to see chart over a longer period more easy DSR Look left...Structure leaves clues.. And a primary screen a 24" dell 1920x1200. As second a portable option a 17,3" laptop just to work in a portable way and/or as backup. And third...
hi music
nice setup

i also had 3-4 screen but now
i work only with 13'' laptop

but the point is to make pips .......
  • #2,855
  • Jul 10, 2016 4:43am Jul 10, 2016 4:43am
Quoting dimdel
{quote} hi music nice setup i also had 3-4 screen but now i work only with 13'' laptop but the point is to make pips .......
From my point of view i do not care to make to make pips, i want % positive profit in money that is possible even with losing pips. See chart below, it's all about risk and money management. Today i got this in my mail, it from The Forex Trading Coach - Andrew Mitchem am do not have connection with him only i see his you tube channel so now and than and i got mail from his site. And i do us his free to get lot calculator script for manual trading. Just dump it on the chart and fill in the stoploss and risk in % and i calculate the lot size for u for this pair from the chart witch it is on.

quote from Andrew Mitchem see below

Have a look at the chart below as this shows why pips will make you poor.

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As you can see from the chart above, by trading the traditional "pips" way would have made a loss of -46 pips.
By taking exactly the same trades with controlled and low risk per trade, trader would have made a + 8.61% gain on their account.

End of quote.

So when u have a system what gives 50:50 win loss and the winners give more % gain than the losers take than u make money but not necessarily more pips i believe. If am wrong if so please tell me..............
"The only difference between men and boys is the price of their toys". :-)
  • #2,856
  • Jul 10, 2016 5:44am Jul 10, 2016 5:44am
Quoting Musicfreak
{quote} From my point of view i do not care to make to make pips, i want % positive profit in money that is possible even with losing pips. See chart below, it's all about risk and money management. Today i got this in my mail, it from The Forex Trading Coach - Andrew Mitchem am do not have connection with him only i see his you tube channel so now and than and i got mail from his site. And i do us his free to get lot calculator script for manual trading. Just dump it on the chart and fill in the stoploss and risk in % and i calculate the lot size...
Very intresting but how is it done how do you not use pips to have greater returns then risk ?


Best regards
  • #2,857
  • Jul 10, 2016 6:42am Jul 10, 2016 6:42am
Quoting jgadefelth
{quote} Very intresting but how is it done how do you not use pips to have greater returns then risk ? Best regards
Because u do not have an account in pips but in money the currency pairs are also in money represented a lot is also a value in money related to the pair so why count your gain and loss suddenly in pips? What is the value of a pip?
If u ask me it's noting. It's only for use as a system to measure distance between price point A and B on the chart. The same question u can ask your self what is the value of one cm of one inch all depends on where it is a measure from wood, concrete, gold, barn stone, iron etc.
That's why i don't understand from my point of view why people trade with fixed lot at multiple currency's.

Take 3 random currency's pairs both one lot with a stoploss of 40pip with a 1:1 rr 2 win one loss, u say wow 80 pip won and 40 losse so 80-40 is netto result of 40 right.
But what if the losing pair was 3 times the value of a winner? Than in my opinion u get -3 + 1 +1 = -1 so u losse money from your account but u still did win 40 pip.
If u say i do want to risk 2% a trade to losse from my account than the story will be in this case -2% + 2% +2% = 2% gain to your account.
Correct please if am wrong.
"The only difference between men and boys is the price of their toys". :-)
  • #2,858
  • Jul 10, 2016 6:50am Jul 10, 2016 6:50am
Quoting Musicfreak
{quote} Because u do not have an account in pips but in money the currency pairs are also in money represented a lot is also a value in money related to the pair so why count your gain and loss suddenly in pips? What is the value of a pip? If u ask me it's noting. It's only for use as a system to measure distance between price point A and B on the chart. The same question u can ask your self what is the value of one cm of one inch all depends on where it is a measure from wood, concrete, gold, barn stone, iron etc. That's why i don't understand...

Yes i get it percent of account is more intresting and also risk to reward then pips I thout there was more magic to the picture you showed

Best regards
  • #2,859
  • Jul 10, 2016 6:59am Jul 10, 2016 6:59am
Quoting jgadefelth
{quote} Yes i get it percent of account is more intresting and also risk to reward then pips I thout there was more magic to the picture you showed Best regards
No magic on forex the picture shows result of different time frames and different win and loss situations.
The biggest magic is to control your self and think logic and analytical with out any emotion maybe the magic is to stay focus on your own behave. Just work like a calculator. The marked does only 3 things up down or sideways that's all no magic.
"The only difference between men and boys is the price of their toys". :-)
  • #2,860
  • Jul 10, 2016 7:53am Jul 10, 2016 7:53am
So in short words the Green Red system and some good MM are key to simplicity and structural profit when done with a good cense of realism. So overnight millionaire, go buy a lottery ticket u make more chance. But there is money to earn with this system. Better slowly i prefer and steady than fast and with a suden quick end!!
"The only difference between men and boys is the price of their toys". :-)
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