10 pips / day (NBoP)

[PIPology]

Thank you for your post. I guess you lost so much money from Forex and now you're too paranoid to accept there are efficient strategies Or worst, you are too negative about your chances and that's your end for Forex experience

I wish you Harmony in trading.

Originally Posted by adrianro

Dear Pipology
Excuse me that I am criticise your system but is a very good system to loose money!!!
The stop lose is very close and is very easy to be touch by a little price movement.
The ratio risk/reward is less then 1:2.

Regards

[adrianro]

Dea Pipology I expected such an answer from you but you have right I lost money on Forex but not so much bo be to negativ.
But from losing money I have learned that without a proper money management technique I am a loser in long term.
I not saying that your signals are probably bad but in this strategy neither in other presented on this site I haven't seen a strong money management system behind the strategy
Maybe you can show us your account statement?

[Sweet Pip]

Originally Posted by PIPology

2. Those MAs are for orientation only. MA's can be applied to other indicators. I won't take time to explain how, learn for yourself.

!

I can see it's difficult for anyone to learn anything from you in this here babypips-school-to-learn-forex forum where we help each other, and so is the case at FF from what I've read...not the most popular neighbour on the block.

If anyone else is interested and doesn't know, this is how it's done.

In MT4, after dragging the Moving Averages indicator from the Navigator menu to the one of the other indicator windows, simply select "First Indicator's Data" from the "Apply To" drop down menu in the Parameters tab.

Now why one would want to do this is another unanswered question!

I don't understand why you'd make a "video" on how to move the LinReg channel, but choke at a simple request as this ...oh I know... it's publicity for the "Blog"

[AndreasF]

Hi Adrianro

Pipology and others here show well-thought systems with valid entry and exit points, once you learn to filter out invalid entry / exit signals.

In most cases these systems don't teach you how to spend you money. Rules for money management are a more subject matter depending on each individuals apetite for risk and financial capilities.

E.g. for me I play around with zero SL- I know what I do and my account doesn't get wiped out if I lose 500 pipes

I suggest to test out a few systems here and build your money management rules on your own as it fit best to you and your pocket

best regards

Andreas

Originally Posted by adrianro

Dea Pipology I expected such an answer from you but you have right I lost money on Forex but not so much bo be to negativ.
But from losing money I have learned that without a proper money management technique I am a loser in long term.
I not saying that your signals are probably bad but in this strategy neither in other presented on this site I haven't seen a strong money management system behind the strategy
Maybe you can show us your account statement?

[adrianro]

Hi AndreasF
Please tell as if you want to shere from your grate strategy how you recover a lose of 500 pips?
You are doing another trade with minimum 500 pips profit or are you doing 100 succesfull trades with 5 pips profit?
Please explain us why you don't use stop losses?


Regards

Originally Posted by AndreasF

Hi Adrianro

Pipology and others here show well-thought systems with valid entry and exit points, once you learn to filter out invalid entry / exit signals.

In most cases these systems don't teach you how to spend you money. Rules for money management are a more subject matter depending on each individuals apetite for risk and financial capilities.

E.g. for me I play around with zero SL- I know what I do and my account doesn't get wiped out if I lose 500 pipes

I suggest to test out a few systems here and build your money management rules on your own as it fit best to you and your pocket

best regards

Andreas

[AndreasF]

Hi

I don't have a 'grate strategy' to share since I I'm testing around,
I may be in a better financial position as the average user so I can let trades run and either have to absorb a 'big' loss or gain a large profit.
Either way doesn't change my life nor my account much

This is not a recommended strategy- I'm playing around a bit and I know what I'm doing

best regards

Andreas

Originally Posted by adrianro

Hi AndreasF
Please tell as if you want to shere from your grate strategy how you recover a lose of 500 pips?
You are doing another trade with minimum 500 pips profit or are you doing 100 succesfull trades with 5 pips profit?
Please explain us why you don't use stop losses?


Regards

[PIPology]

Hello dear friends,
Today was another great day in Forex. GBP/USD made a real move few minutes ago so here is the chart for today's trade:



and to see a nice TL together with RegChan:



So, the signals were clear:

6.30AM GMT: Price breaks the TL and an old RegChan and also makes the 2 EMAs to cross
7.00AM GMT: Price closes bellow the recent RegChan, but MACD still Up
8.00AM GMT: Price turns the MACD down, W%R retraces above -80 level
Perfect signals.

Entry:
8.00AM GMT: Sell @ 1.9934 with 1 lot
SL: 1.9955 + 10 pips + 1 spread = 1.9965
Target: 1.9924 (reached)
Time of trade: 4 - 5 minutes

Profit: 10 pips x 1 lot x $10 per pip = $100

Thank you and happy PIPpin' !

[perfectsun]

well, I have been testing your strategy, so far only one loss, for me it is working great.

Can you explain please if this was ok entry. It went to TP, but %R allmost crossed RSI. As I understood before it is not good to enter then.
Picture attached:

[perfectsun]

hello, I took 2 trades today, one ws a success the other no. I post the pictures of a bad trade, please coment.

[PIPology]

Originally Posted by perfectsun

well, I have been testing your strategy, so far only one loss, for me it is working great.

Can you explain please if this was ok entry. It went to TP, but %R allmost crossed RSI. As I understood before it is not good to enter then.
Picture attached:

First one I recognize it, it's EUR/USD Yesterday, here is the trade:



I forgot to post it because I didn't have time.
It happened at 6.30AM GMT and it took few minutes to reach target.


What day and time was the chart with losing trade ? It seems that you used the RegChan in a wrong way. It's too small. A more detailed chart would help.