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Dragon Riders GBP/JPY

  • #21,941
  • Oct 3, 2016 2:01pm Oct 3, 2016 2:01pm
Quoting stevepatt
{quote} GBP/JPY M5 Long Trade Result I don't try to predict the Market I just follow where it leads me. {image}
well done mate, let say only one trade a day with 10\15 pips a day 3 to 4 % a day consistently could lead you to the millions

not only that , in this market better in my opinion take small and wait for tomorrow but the small in % if you will do it every day even 3%

a day with only 1k after one year you will be in better place look at that calculation i think it worth the look (i follow this one and its very encourage my trading)

its very good for mental issue

Cheers and GL

Al
Attached Image (click to enlarge)
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,942
  • Oct 3, 2016 2:08pm Oct 3, 2016 2:08pm
Quoting Almo2312
{quote} well done mate, let say only one trade a day with 10\15 pips a day 3 to 4 % a day consistently could lead you to the millions not only that , in this market better in my opinion take small and wait for tomorrow but the small in % if you will do it every day even 3% a day with only 1k after one year you will be in better place look at that calculation i think it worth the look (i follow this one and its very encourage my trading) its very good for mental issue Cheers and GL Al{image}

this is the link for the calculator if someone want to use it http://compoundaily.com/

Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,943
  • Oct 3, 2016 2:10pm Oct 3, 2016 2:10pm
Quoting Almo2312
{quote} well done mate, let say only one trade a day with 10\15 pips a day 3 to 4 % a day consistently could lead you to the millions not only that , in this market better in my opinion take small and wait for tomorrow but the small in % if you will do it every day even 3% a day with only 1k after one year you will be in better place look at that calculation i think it worth the look (i follow this one and its very encourage my trading) its very good for mental issue Cheers and GL Al{image}
Shame no one does 3% a day
  • #21,944
  • Oct 3, 2016 2:15pm Oct 3, 2016 2:15pm
Quoting Don96
{quote} Shame no one does 3% a day
some traders do it but most of them aim for 50/100/ 200% a day so they usually fall for greed issue..(including me sometimes..)
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,945
  • Oct 3, 2016 2:48pm Oct 3, 2016 2:48pm
Quoting Almo2312
{quote} well done mate, let say only one trade a day with 10\15 pips a day 3 to 4 % a day consistently could lead you to the millions not only that , in this market better in my opinion take small and wait for tomorrow but the small in % if you will do it every day even 3% a day with only 1k after one year you will be in better place look at that calculation i think it worth the look (i follow this one and its very encourage my trading) its very good for mental issue Cheers and GL Al{image}

Hi Almo,

I aim for +4% a day, I'm closer to +2% a day after taking loses into account.

I work full time so have limited Trading opportunities I used to Trade, more or less, the same way using D1 and Trading about 4 different pairs.

It could take a week to have one Trade setup and another 2 or 3 days for it to play out I averaged around 0.25R to 0.50R per Trade.

I find Trading M5 makes me far more Fluid and able to Trade both with and against the Prevailing Trend.

It's far quicker hitting a 30 pip TP than it is 100 or 200 on a daily basis.
  • #21,946
  • Oct 3, 2016 2:56pm Oct 3, 2016 2:56pm
Quoting stevepatt
{quote} Hi Almo, I aim for +4% a day, I'm closer to +2% a day after taking loses into account. I work full time so have limited Trading opportunities I used to Trade, more or less, the same way using D1 and Trading about 4 different pairs. It could take a week to have one Trade setup and another 2 or 3 days for it to play out I averaged around 0.25R to 0.50R per Trade. I find Trading M5 makes me far more Fluid and able to Trade both with and against the Prevailing Trend. It's far quicker hitting a 30 pip TP than it is 100 or 200 on a daily basis....
i trade as well only 3 pairs but mostly the Dragon, i trade the hourly trend and setups by 5min and one min(found it very attractive(now days..)

i also part trader (doing two shifts on 2 other jobs..)and mostly trade the Asian Session (most of my setups are there )

Cheers

Al.

Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,947
  • Edited 7:07pm Oct 3, 2016 6:57pm | Edited 7:07pm
asual sell there .84 ,.,,..132.84 yea.....sumthin point 84....
  • #21,948
  • Oct 3, 2016 8:11pm Oct 3, 2016 8:11pm
Quoting Gbp/jpy
asual sell there .84 ,.,,..132.84 yea.....sumthin point 84....
Looks bullish still this pair ...another spike will come
  • #21,949
  • Oct 3, 2016 9:33pm Oct 3, 2016 9:33pm
Its running out of juice.. Its going to drop soon
Dragon Rider
  • #21,950
  • Oct 3, 2016 9:38pm Oct 3, 2016 9:38pm
Quoting barloc
Its running out of juice.. Its going to drop soon

UJ pointing up while GU pointing down also news for UK today..

trade safe

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #21,951
  • Oct 4, 2016 12:54am Oct 4, 2016 12:54am
Break out style. up to go down and down to go up, slight bias for short, makes no difference. S limit at 131.264 and B limit at 131.070
  • #21,952
  • Oct 4, 2016 12:57am Oct 4, 2016 12:57am
Quoting Almo2312
{quote} UJ pointing up while GU pointing down also news for UK today.. trade safe Al.
I'm not paying too much attention to the news. It's only construction. The Services PMI is the one to watch. That sector is their biggest one.
  • #21,953
  • Oct 4, 2016 1:18am Oct 4, 2016 1:18am
Quoting Kissa
Break out style. up to go down and down to go up, slight bias for short, makes no difference. S limit at 131.264 and B limit at 131.070
Got out of the short for a few pips in profit, might take a break for the rest of the day.
  • #21,954
  • Oct 4, 2016 1:48am Oct 4, 2016 1:48am
The Drop
Dragon Rider
  • #21,955
  • Oct 4, 2016 1:58am Oct 4, 2016 1:58am
Quoting barloc
The Drop
Yep, could not help myself..

Edit: And done for the day, laters
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  • #21,956
  • Oct 4, 2016 2:01am Oct 4, 2016 2:01am
Quoting Kissa
{quote} Yep, could not help myself.. {image}

+326 today
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Dragon Rider
  • #21,957
  • Oct 4, 2016 2:05am Oct 4, 2016 2:05am
Quoting barloc
{quote} +326 today {image}
Nice, Id love to be able to trade the 0:00 to 6:00 am but am 2 old to stay up ....
  • #21,958
  • Oct 4, 2016 2:08am Oct 4, 2016 2:08am
Quoting Kissa
{quote} Nice, Id love to be able to trade the 0:00 to 6:00 am but am 2 old to stay up ....

Pacific time zone?

I know those feels.
Dragon Rider
  • #21,959
  • Oct 4, 2016 2:11am Oct 4, 2016 2:11am
Quoting barloc
{quote} Pacific time zone? I know those feels.
East Europe time zone, Finland
  • #21,960
  • Edited 6:46am Oct 4, 2016 6:02am | Edited 6:46am
I've taken a long in my test account at 130.58, near last weeks London open, and if we could clear this weeks open, at 130.73, I'd like to think there is a chance we move up and test 131.70, last weeks London 17:00 close...its early enough in the week...
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