10 pips / day (NBoP)

[janqie]

Hello friends,
this day i took both trades on my live account gbp/usd and usd/jpy and they both are succsess i am weary happy that i am with this threat,and can learn and understand this strategy. Many thanks to PIPOLOGY !!!
Will be here, see ya.

[PIPology]

Hello my friends,
Long time no see

Today was another great day in forex, few hours ago.

From now on I won't post the setup words and explanations because I think the thread is old enough and people should know what is all about. I will stick only to the main entries and exits.

So here is the char for today's trade:



Entry: 106.27 with 2 lots
Order: BUY
SL: 106.17 - 10 pips - 2 spread = 106.05 (never reached)
Target: 106.37
Time of trade: Max 5 minutes

Profit: 10 pips x 2 lots x $10 USD/pip = $200

That's all folks ! See you next time.

Happy PIPpin' !

[PIPology]

Hello again my friends,

Today was a tricky day as I suspected. Fridays are always tricky so if you are not experienced better get out and have some fun than trading

Here is the chart for today's trade:



Entry point: 107.79 SELL Order with 2 lots
SL: 107.87 + 10 pips + 0 spread = 107.97 (never reached)
Time of trade: Approx. 15 mins
Target hit: 107.69

Profit: 10 pips x 2 lots x $10 per pip = $200

That was all for today, always be careful for those retraces (as you can see in the picture, price jumped back in RegChannel)

Have a nice weekend !

Happy PIPpin' !

[yoni45]

Hi PIPology,

A question for you: you mentioned in a few posts that you stay away from setups in which the %R indicator crosses over with the RSI...

If you could be as technical as possible about it - what exactly do you consider such a scenario? Do they actually have to *cross* each other? Or just be very close? For how long does such a 'cross' stop you from trading? (ie, if there was a cross 2 bars ago, do you still stay out? how do you know if it might be good to go in again?)

Thanks,
Yoni

[TradeMonkey]

When setting the EMAs on MT4, what do I put in the field "shift"?

[PIPology]

Hello again my friends,

This day started extraordinary and the hero of the day is GBP/USD.

Here is the chart of the trade:


Setup was perfect.
Order: BUY 2 lots @ 1.9657 (6.00 AM GMT)
SL: 1.9649 - 10 pips - 0 spread = 1.9639 (never reached)
Time of trade: 20 mins
Target hit: 1.9667

Profit for today:
10 pips x 2 lots x $10 per pip = $200

That was all for today, hope you got it

Happy PIPpin' !

PS: TradeMonkey: shift 0 / yoni45: beginners should stay away even if they get close. If they cross run

[Bon Vivant]

Hello Pipology,

Can you please explain your 10 pip a day method?

Thanks a lot.

Bon Vivant

[enochbenjamin]

I am not Pip - but I would suggest starting at the beginning of this thread and read each and every page - then ask specific questions.

[perfectsun]

Hello friends,

I took my first loos today with this system and it was big for me. But I took some winning trades before so this was expected.

I did not exit on the next candle but I waitted since it usually turns around after 2 candles if not after first one. So I think I broke the rule, the system still works for me. U need to take step back sometimes to move forward, so let this be a lesson to me and my step back. Maybe you can learn from my mistakes.

Let me post pictures:

Entry GBP/USD 1.9672 2*lots*10 Eur
Exit at SL 1.9697 = -25 pips = -500 Eur (BAD)



Ok here are pictures,

[cadarkitek]

Bad MM if you ask me.