Thanks sir.
You have explained after 15 minute1st candle opening session in last pages. Smart description to understand. I have question to you mentioned behind 100 days of operation starting with $100
Put a 20% risk per transaction /earn 5% per transaction. Do 02 operations a day/ earn 10 % a day. (You have mentioned)
Please describe as example step and step. I will follow in live trading with $100. How much lot (20 or not 0.20 cent)is to trading? 20% risk and 5% earn how?
Thanks sir. You have explained after 15 minute1st candle opening session in last pages. Smart description to understand. I have question to you mentioned behind 100 days of operation starting with $100 Put a 20% risk per transaction /earn 5% per transaction. Do 02 operations a day/ earn 10 % a day. (You have mentioned) Please describe as example step and step. I will follow in live trading with $100. How much lot (20 or not 0.20 cent)is to trading? 20% risk and 5% earn how?
Ignored
This I just mentioned as example, because I think a little crazy ... but the EA Esike that comes in the setup he already does this calculation for you ... I think 20% very ... friend practice first demo account .. .and then start with $ 100 but at most with 10% risk ,,,
Another question sir, if after opening session 1st 15 minute candle is big size so that can I open trade the next candle?
Ignored
So we have the ATR indicator (480) upstairs in the setup ;;;
The indicator shows the average number of pips we have on each candle ... see that this value changes according to the TF ... for example the pair CADJPY has an ATR of 12 pips in a candle of 30 minutes ... If we have a 15-minute candle it's because it's already run the size of a 30-minute candle ... may the price return ... but nothing is concrete ... only mathematical facts ... but it's always good to avoid it ,, , For safety happening a very large M15 candle ... as soon as the candle finished place a pending order 02 levels after it ...
Yes sir,
I know about this Ea it calculate automatically. But how much volume to put onto ea with $100? I think seriously with 100 Dollar will be $20,127.0
8 if I follow your instruction. I want to do this.
Yes sir, I know about this Ea it calculate automatically. But how much volume to put onto ea with $100? I think seriously with 100 Dollar will be $20,127.0 8 if I follow your instruction. I want to do this.
Ignored
Forex is simple ,,, but I and no one wants to do a planning for 07 years for example.
With a $ 100 bill and earning 10% a month we will reach 300k in 84 months (07 years) ... but who wants to wait 07 years?
I say this because to earn 10% per month we do not need to put a big risk and we can work more hard.
The big problem is that we are not disciplined, we want to get rich very fast ... after breaking one account after another ... until we give up forex and put the blame on the market.
I even need a lot of discipline ... I'm working with a 5% risk ,,, but could work with a risk of 2% or even 1% ,,, would hardly break some account ,,, but no ,,, we have Greed ... We want everything very fast today in the WORLD.
Sir, instead of pending order if I put entry order after opening session 15 minute candle, shall I wait 5 minute for next candle to make order? Suppose my opening is below white vertical so I can expect sell market. After 15 minute, candle is closed red but next candle to understand what it will be red or sell candle? Can I wait 5 minute?
Sir, instead of pending order if I put entry order after opening session 15 minute candle, shall I wait 5 minute for next candle to make order? Suppose my opening is below white vertical so I can expect sell market. After 15 minute, candle is closed red but next candle to understand what it will be red or sell candle? Can I wait 5 minute?
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Friend I'm seeing that you will need many watches ... kkkkkkkkkkkk
Play the part ,,,
MAKE THE TICKETS ,,, YOU WILL SEE THE RIGHT TIME DOING ... PRACTICING ... THE RULES WERE MADE ONLY TO DISCIPLINATE THE OPERATORS ... THE FOREX MARKET DOES NOT HAVE TIME ... WE HAVE WE HAVE ... DO NOT STAY DISCIPLINING RULES AND EVERY MINUTE TO BE LOOKING FOR THE WATCH ,,, THAT'S NOT ...
I am really sorry sir. so I want learning to you most of time I am spending this on stratigies.it is the best than other. I think you are teacher to me. I have completed already uddin thread first 100 pages. Sorry I am forex
learner.
(By pending order you can trade how I show) Nonfarm payrolls news very important news in economic calender from United state is monthly news that is released evry month on First Friday or 2nd Friday this event can move the market hundreds of pips. But many forex traders don't know how to trade with nonfarm payroll.
I want to show on strategies how to trade. the impact on the foreign exchange market is very strong market prices can move hundreds of pips within minutes. For experienced traders, They take opportunity to make big money from nonfarm payroll event.
usually someone traders open trading positions before this news.if we noticed in my chart mt4 this price often makes false signal and makes price narrow.
How to trade here is this main idea the nonfarm payroll so it releases once monthly. Have to be much steps and experience trading.
5-10 or 15 minute before nonfarm payroll released. (Carneiro sir said after 15 minute news publised to follow ) We can put trading order in our trading platform. NFP nonfarm payroll is very hard to predict and the impact on market price also unpredictable. so with this situation,
everyone traders have to do is put pending orders in two directions (buy and sell on 00 levells).I mentioned that price is unpredictable and can establish a gap. what is gap. gap is very problem to trade nonfarm payroll news. If you already have a trading position befoe NFP. It is better to close your trading position because you already placed a stop loss order the market price can make gap against your trading position. With this situation, you stop loss will be useless because your broker tuning a gap and gap during NFP event. But if market price move in the same direction with your trading position during nonfarm payroll you can get a bigger profit.
At this here I want to say to all traders, NFP is the biggest news it influences all month. Most of time the market price moves in one dircetion after the nonfarm payroll released. Then followed with a sharp correction, so to avoid unpredictable movements, we can set pending orders 35 pips from the price before the nonfarm payroll news.
Above 35 pips from current price you can set buy stop (to avoid a gap) and below 35 pips from current price you can put sell stop. ( Will be the best in 00 level )
(By pending order you can trade how I show) Nonfarm payrolls news very important news in economic calender from United state is monthly news that is released evry month on First Friday or 2nd Friday this event can move the market hundreds of pips. But many forex traders don't know how to trade with nonfarm payroll. I want to show on strategies how to trade. the impact on the foreign exchange market is very strong market prices can move hundreds of pips within minutes. For experienced traders, They take opportunity to make big money from nonfarm...
Ignored
I do a hard job explaining a method here, answering, putting pictures ... and you come to put something else ... open a new topic with that theme.
Grateful
I would like to leave a planning for our entries ... we have to have a goal ... we have to know what we are doing. I'll leave my planning here.
This planning is using 15 pips of STOP and 7.5 pips of TP with a 4% risk.
Using 15 / 7.5 pips ... Making 40 entries (EX: 02 entries per day (Tokyo / London) in 20 business days in the month. I'll leave the calculations already discounting the ECN account commission and already discounting the losses.
You see, from 40 innings your friends keep 29 wins and 11 stops to have 9% profit per month ... is that what we want? Of course not ... but with this method we have a very high number of wins ... I believe that by watching and with discipline we can every 40 innings win from 33 to 38 wins.
An operator with 10 losses for every 40 entries will get 17.27% profit per month (this making only 40 entries per month)
17.27% profit per month, makes an account of $ 100.00 turn 30K in 03 years ...
Friend this is not cake recipe ... stop loss is part of
Any method in the forex market is a matter of PROBABILITY, so we have to do it every day.
If I was sure that every time after 15 minutes I would win, it would be very easy ... you did it right ... but two things it is important to talk ...
See the size of this opening M15 candle ... this candle with a size of 27 pips ,,,, and see that in the end it came back ... it was a wick
Keep doing ... so I made the picture of the post 2536 ... let's take stop, but the important thing is in the end, stay at the profit ...
Try to place the order pending at the beginning of the session ... I explained this ... as soon as you open the session you see who the 1x8 pair is and place a pending order on the next level of the direction.
See the image of the post 2461 (EURUSD M30) the 3rd image
As soon as you open the session you place the pending order on the 1x8 pair, on the next level ... if you activate it will wait ... if not activate is why the force has changed
EURJPY (TP) +7.5 pips
EURUSD (TS) +1.2 pips
If it had not put TS would have closed the two with 7.5 pips profit ... so I say ,, the forex market is very relative ,,, you can protect yourself and win and you can protect yourself and stop winning
