10 pips / day (NBoP)

[PIPology]

Hello,
I would like to share my signals with everyone. This will bring you 10 pips / day.

What means NBoP ? No Bull$hit or Promises

Strategy is very simple: 2 EMAs, one applied to close and one to open. Signals are triggered by MACD.

I will get back soon with entry points.

thanks

[tonymand]

Originally Posted by PIPology

Hello,
I would like to share my signals with everyone. This will bring you 10 pips / day.

Actually this is technically, though perhaps not legally a promise. Perhaps NB rather than NBoP

[PIPology]

Originally Posted by tonymand

Actually this is technically, though perhaps not legally a promise. Perhaps NB rather than NBoP

Well, I can't promise anything. It's just my strategy without annoying people.

thanks.

[priest9]

I like your attitude, i'll look forward to results...

Guy on FF had a same sort of method: 2ma's & MACD. We would only take 10-15 pips while profit potential was way higher, but his winrate was about 95% and he traded 15-20 pairs (total of 2-3 trades a day I believe) Succesvol trader...

Good luck

[PIPology]

Originally Posted by priest9

I like your attitude, i'll look forward to results...

Guy on FF had a same sort of method: 2ma's & MACD. We would only take 10-15 pips while profit potential was way higher, but his winrate was about 95% and he traded 15-20 pairs (total of 2-3 trades a day I believe) Succesvol trader...

Good luck

Well I just want to show that simplest techniques with simplest indicators bring constant profit with small risk.

[scottyPIPin]

I'm really looking forward to this one Sounds like it's right up my alley. When I was first looking at 4X, I was looking at the charts and saying to myself, "What if I could just get 10-15 PIPs/day consistantly...?"

[Piphacker]

Originally Posted by priest9

I like your attitude, i'll look forward to results...

Guy on FF had a same sort of method: 2ma's & MACD. We would only take 10-15 pips while profit potential was way higher, but his winrate was about 95% and he traded 15-20 pairs (total of 2-3 trades a day I believe) Succesvol trader...

Good luck

Can u explain this method in more detail???

[PIPology]

Short position opened @ 1.4710 @ 07.49 GMT (8 lots)
No stop loss.

Signal was triggered, alarm was on so I entered earlier than usually.
But as you will see it was all I needed because EUR/USD was heading 1.4700 so I took that level as first support (because EUR/USD is always finding support around round numbers .00 .50), it was a little risky because I was only 10 pips away from .00 level (where it can jump). So I can't profit from 10 pips and I entered with 8 lots for 7 pips profit.

I opened the position at 07.49 GMT with 8 lots for 7 pips profit. Why 7 pips ? Because 1.4710 - 7 pips = 1.4703 minus spread 0-1-2 it keeps me relaxed because the BID price won't hit 1.4700 on my order.

@ 07.59 GMT EUR/USD Exit @ 1.4703

7 pips x 8 lots x 10 usd/pip = $560 profit for today. If you want to be smarter than me you would enter with a 5 pip profit target and you would have $400 profit in less time.

If I were a conservative I would close everything for the rest of the week because this trade was as much as 5 trades of $100. But I consider this only one trade as a usual day and I will continue my search for new perfect signals.

Video of the trade can be found on my blog.

[PIPology]

Hello again,

Today I missed a opportunity @ 7.30 GMT when USD/CHF retraced a little after turning those EMAs. I expected this to happen, my indicators warned me there is a good chance to gain another 10 pips, but I wasn't on the chart on that moment so I lost it. And I never enter a trade if it's out of my strategy. I know if I do this mistake it will turn against me faster than I think. And I know what I am talking about because you can see from the picture that it turned up strongly over 40 pips.

If you ever let your position open hopping that the pair will get back on your favor YOU ARE WRONG ! The big guys know the psychology of traders and that the majority think this way and that's why it goes against to eat your stop losses or to get as much as they can from your balance

Now, about the trade, I should have enter at the close bar (@7.30 gmt) where I put the Aqua triangle and I would have got 10 pips in less than 10 minutes.

But, that's life, I'm looking for other opportunities and I know there are many so I don't mind I must be relaxed and entertained, otherwise I will bait not hunter

Good day everyone and I will get back if some signals are triggered.

[scottyPIPin]

Originally Posted by Piphacker

Can u explain this method in more detail???

I've been keeping an eye on this post since it first started and am still waiting for someone to actually explain the strategy... Anyone going to do so?