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Originally Posted by Yosako Mimoto
Hey, that's a friggin' good result! Keep the good work .
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Thnx dude. See my trades today. I just made 3 and reaches +70 pips I am done for the day. Account (real BTW)grew 20%. Join me DUDE AND LETS DRAIN THE BANKS!!! LOL
Naw, but really if you need help using the Horizontal line thing let me know.
Quote:
Originally Posted by Yosako Mimoto
Well...take into account the fact that while the FX is the most liquid market, if you're dumping $10.000.000 or more (leverage taken into account) in just a second you may pressure buyers or sellers and the market may move a few pips against you!
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Good point. I won't allow any of the accounts to go beyond 2,000,000.
Quote:
Originally Posted by Yosako Mimoto
Well, I'm demo trading (I'm not entering the Gladiators' arena unprepared!). When I've got a few positive trades and I start to get consistent, I'll consider posting 'em. I'm gonna use the Horizontal Line method.
About the pairs I like, the JPY ones will do for me - they move so much that money can be made with small leverage!
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Like I said JOIN ME!!! LOL
I've already been thru the PAIN and done the STUPID mistakes. I still make mistakes but they are less now.
I pretty much trade the GBPJPY exclusively.
This approach is not hard... it's only considered difficult when you allow GREED to take over you. That's when you stay too long in a trade or even worse you jump the GUN and do the speculating thing.
Anyhow here it is. Ignore the Profitlock EA. It's something I am working on.
I used nothing but the crossing of horizontal lines. Well I did check to see that the average candle range was over 30pips.
