NVP
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Yep you guys really crack me up. .....sides are splitting
lol
Ill always love ya m8-well have to have that pint
hey i may be wrong-im man enough to admit-check my post again as i have edited it with an interesting article.
22 pips done.
Will try to make 25 today...
R.
Morning R
I believe Sun is off this week - but please keep updating us all with your progress as this thread will go quiet otherwise.
Will check you stats out next and GL if you are after a higher total
What ever you do though dont risk losing to many of your existing winning pips striving for a few extra etc - - but its still early in the day so I am sure there will be many more good opportunities
Have a good week - and any queries etc - just let me know
Regards
F
Good morning F,
Today I have to change my strategy .
As you could see, I take successful trades but really too short.
I can only trade at small spread brokers and the edge between a win and a loss is always very thin.
I must absolutely manage to take 3-4-5 pips trades to make it worth.
So today will try to get, say, 3 pips minimum. So the RR will be 1 (3 pips stops and 3 pips mini profit). My results will probably suffer because of this, so the target will simply be: no loss. (sometimes can be very kind with myself :whistling)
If you have some good tips to help please let me know.
Thanks.
R.
Stop for today.
Here are my stats for the day.
GJ is really one of my favourite pairs.
Today was fairly predictable and could have done much better.
Will see tomorrow...
R.
View attachment 203172
EA
3 12 PM
Low so far 5564 - 3 03 pm and then 3 09 pm said scalp buy above 67
We need 5600 to stay with buys
If price drops again under 5560 - then more scalp sells
3 19 pm
Price now made 5610 and pulled back - I exited 70% stake and will leave 30% on with stop in 4 pips of profit#
70% stake made 32 pips in approx 7 mins
Thats a RR of 6 in 7 mins
I liked that
Good Morning F,
Well, pips done for today.
Made a small mistake with UJ
You were absolutely right, EA is excellent, it's just "giving pips" very fast
Attached Stats and statement.
Stop for today because I plan to start brewing my own beer :cheesy:
If you want (or if anyone is interested) I can post some examples of how I traded this morning.
View attachment 203242 View attachment 203244
Small profit this morning because I mixed lot sizes
All the best.
R.
Hi Remulix,Good Morning F,
Well, pips done for today.
Made a small mistake with UJ
You were absolutely right, EA is excellent, it's just "giving pips" very fast
Attached Stats and statement.
Stop for today because I plan to start brewing my own beer :cheesy:
If you want (or if anyone is interested) I can post some examples of how I traded this morning.
View attachment 203242 View attachment 203244
Small profit this morning because I mixed lot sizes
All the best.
R.
Hi Remulix,
If you have some idle time while your beer is ready, I would like to see some of your trade examples. I need to see some actual trades as I'm feeling very frustrated with my recent results. My initial results using the method were very good, but for some reason I'm not improving and my results are very disappointing lately. I need to see actual trades and go back to the drawing board to pinpoint what in the world I'm doing wrong.
Thanks in advance.
Cheers,
Keen246
Hi K,
No problem, happy if I can help you.
Here are the charts I shot this morning for a friend willing to learn this method:
May I ask you what is your actual target and achievement ?
You know, by experience, there is always a moment when your progress is stopped and running flat for a while; even if it's the harder time, it's also one of the most important because it's a necessary step of the whole improvement.
My "flat" time will come, that's why I start to brew :cheesy:
If you want my TW;KT indicator, just ask I made an update showing 1hour and 30 minutes in blue.
All the best.
R.
Hi Remulix,
Thanks a lot for the charts. I’ll study them and compare with mine.
I think my troubles started when I tried to squeeze more pips out of each trade. I think trades with less of some +2.5 pips are just a waste of time. The commission and the R:R eat up all of your profits, so I tried to leave trades running longer, but it seems like those choppy movements (+5 up then -5 down) only happen on my charts! The winning % decreases exponentially as you try to get more pips.
My current profit target is a measly +13 - +16 net pips (after commission). I used to get them very quickly and even double them, but now it’s only negative pips every day. I'm very frustrated....you expect to get better with time, but in my case it's the opposite. Maybe it's what you call a flat time.
Thanks for the indicator offer, but I’m not using MT4 at this moment. I’m using FXCM Trading Station mostly, but found a serious bug that makes scalping harder, so if support don’t fix it soon, I’ll have to move to MT4. I use Ctrader for charting only as FXpro’s spread and commission is too high when you’re just winning a few pips each trade.
Keep up your good results. It’s inspiring that someone else is doing well with the method.
Cheers,
Keen246