10 pips / day (NBoP)

[amtrade]

Since I can't drag my W% to RSI so I try to stay away from the trade when the RSI is >70 or <30. Thanks for your recommendation, I'll look into it !

[PIPology]

Originally Posted by amtrade

Since I can't drag my W% to RSI so I try to stay away from the trade when the RSI is >70 or <30. Thanks for your recommendation, I'll look into it !

Well that's your problem. I recommended since the beginning the platform from MigFX because it's very reliable. Happy trading to you.

Now let's get back to today's tradeS because there were 2 taken by me and one of them is still open and I'll explain why:

First is GBP/USD:



Because of the pattern that formed at entry point I decided to use only a 5 pips profit target for this pair.

Entry:
9.30AM GMT: BUY 2 lots @ 1.9818
Target hit in less than 5 minutes: 1.9823 (than price retraced a lot as I thought)
Profit from this pair: 5 pips x 2 lots x $10 per pip = $100

Second pair is USD/JPY (tricky one):



Well, this pair gave a perfect signal, BUT the price went a little crazy.
The important thing is that the SL was never reached. I was not lucky to have 0 spread today and I had 1 and price bounced from my target of 5 pips so I decided if the price won't hit my SL to stay in market until my target is hit and right now I'm open with SELL order with 2 lots since 107.80

So target is: 107.75 and I'am pretty sure will be hit soon because of the momentum that gave Yen power to drag all pairs down.

I will get back with screenshot from profit-moment.

Happy PIPpin' !

[PIPology]

Well the latest news bring fortune to others:

ADP Employment Change (Jun) : + 9K (expected -53K)

So I ended with 10 pips loss today.

So today's loss is:

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

$200 - $100 (from GBP/USD) = - $100

What people should learn from this experience ? That you shouldn't trade more than 30 minutes

Happy PIPpin' !

[-Conan-]

Could someone post a template for this system? I can't seem to add the MA values to the MACD and RSI windows.

[Sweet Pip]

Originally Posted by -Conan-

Could someone post a template for this system? I can't seem to add the MA values to the MACD and RSI windows.

In MT4?... after dragging the MA 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.

If you make a template for this, then feel free to post it

[-Conan-]

Originally Posted by Sweet Pip

In MT4?... after dragging the MA 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.

If you make a template for this, then feel free to post it

Thanks a bunch.

Template made.

[PIPology]

Originally Posted by -Conan-

Thanks a bunch.

Template made.

Please STOP posting any files or templates to My topic. If I want I will post a template. Don't make my visitors and readers use YOUR template which is chaotic by colors and NO ONE will be able to see real movements and directions.

[PIPology]

Hello again my friends,

After 1 week of chaotic movements I'm back again with today's trade.

Here is: USD/JPY



Entry:
13.00GMT: SELL 2 lots @ 109.83
Time of trade: 15 minutes
Profit taken at: 109.73

Profit for today: 10 pips x 2 lots x $100 = $200

Trades can be seen also on Fxtraderlink website.

[nicolas]

since you provide signals for fxtraderlink and not everyone can open accounts with fxcm, i was thinking why don't u provide a commercial service for a fee and send ur signals by mail or sms

[PIPology]

Originally Posted by nicolas

since you provide signals for fxtraderlink and not everyone can open accounts with fxcm, i was thinking why don't u provide a commercial service for a fee and send ur signals by mail or sms

Personally i don't recommend anyone to open an account with FXCM. I don't work for Fxtraderlink, I'm a Signal Provider for them and I work for myself when I have time if I have time. You can register with them for free for a Demo account as subscription to me. Simple.