Between 40-100 pips per Day

[pipmytrade]

Hi

I really appreciate your response to my message I sent you. I have not been in Baby pips for a while, but thought I would check it out again. I then came across your new system. I then got stuck for the next 2 hours reading the whole thread.

You know what they say, the simplest strategies are usually the most profitable )

I am very impressed with this strategy and I wanted to say thank you for sharing your thoughts and ideas here for free. I really appreciate it and am sure that others like me also do very much. I am not a newbie, but wnet through a bad patch towards the end of last year when I went live. I was using one of thos "Green Flag, Red Flag" services but in Feb this year I decided I needed to go back to "learning how to Fish" you know? So thanks to people like Effi Lang and yourself I have turned my trading around so slowly. I am better at my Technical Analysis (TA) and have joiened another service that lets me chat online to other traders accross the planet. Its nice to bounce ideas off people like it is here.

Hopefully soon I will be consistant nad make regular pips on a daily basis. Would be awesome If I get 50% as consistant as yourself.

I will backtest this extra methodology on my current method of trading and let you know about the results when I try it forward testing.

Once again, thanks for posting your thoughts and methods here, and also to all the Traders out there trying to make it.

Cheers,

Pip my Trade

[sameer666]

locating page 6 is kinda a trouble, as i seems to be on page one and not page 50

[babyfx]

Hi James & the Traders,

I have unfortunate trading day today. 2 losses with 1 miss trade due to internet connection problem.

As per the attached chart, I enter my 1st trade in the morning on LONG position but someway along the trade my internet connection was down. To make it even worst I did not set the stop loss. Once my connection resume, I was shocked to see the trend reverse and I loss my earlier trade.

I try my 2nd trade for SHORT as stoch was trending down. When I execute the trade there was a long delay on confirmation from my broker. Finally my order was placed 6 pips below my target of 1.9686. I get 1.9680, with stop loss set at 1.9697. Soon after that, stoch change trend and after the long wait I was stopped out.

If I make any wrong execution based on the above and the attached chart, please give me a note. Thanks everybody, espcially to James.

[pipmytrade]

thats Weird.

I have attached a screen print in case you are missing the obvious (I am sure you are not) but we need to rule out some things.

Look at the bottom right of the web page, as in the screen print, there is a small box from 1 - 50 as of right now and then u can click an arrow to enter a specific page you want.

Does this help?

Cheers,

PipmyTrade

[sameer666]

see the pic i have attached, confuses me even more, maybe something wrong with my settings

[sameer666]

my bad, something was wrong with my settings , thanks for ur help

[pkffw]

Originally Posted by topgun_68

Maybe James should copy the answers to a FAQ and possibly ask the mods to make it a sticky. Or just update the first page of the thread since there have been dozens of repeated questions.

Topgun

I think anyone who has any hope of becoming a successful trader should have the diligence to read the entire thread for themselves. I mean if they can't take a couple of hours to read a thread what hope do they have of being ale to put in the necessary practice time to learn and successfully implement the strategy itself? James shouldn't have to go through the thread to keep updating a FAQ sheet for those too lazy to read a thread.

Maybe it is time for James to simply stop replying to anyone who repeats a question already asked.

My 2 cents anyway.

PKFFW

[topgun]

I definately agree with that but a FAQ makes the poster's life easier so he, James would not feel like he has to answer the same question a zillion times which would also make this thread full of more useful question rather than where is the system, how do I use it, what is an IB/OB questions. This thread has about 25 pages when it can be summed up in one in my opinion and there are really only about 10 or so common questions. James still keeps answering them because he is a nice guy and doesn't want to leave the newbees hanging so a simply 1 page FAQ would make his life a lot easier .

Topgun

Originally Posted by pkffw

I think anyone who has any hope of becoming a successful trader should have the diligence to read the entire thread for themselves. I mean if they can't take a couple of hours to read a thread what hope do they have of being ale to put in the necessary practice time to learn and successfully implement the strategy itself? James shouldn't have to go through the thread to keep updating a FAQ sheet for those too lazy to read a thread.

Maybe it is time for James to simply stop replying to anyone who repeats a question already asked.

My 2 cents anyway.

PKFFW

[sameer666]

hi guys

i found this copy of system,( see attachment) in the thread some one have compiled it and all credit goes to him for the good work of his. even though i m not sure abt IB/OB at the moment but i think system looks good.

[babyfx]

Hi everybody,

I have posted several tread on this forum and I have use this sytem live. I my self is newbie. As new fx trader I would like to give some advice to new fresh and eager trader to PLEASE read this wonderful system on Page 6.

Then print it out, read it as many time possible, jot down the important IB criteria, entry & exit point, stop losses and what chart to use and the right time to trade.

Before going live, please test the system on demo for say a week or a month. Just as James have repeatedly said in this forum, before you began trading LOOK at:

1. The 1 hour chart and study the trend, either going UP or DOWN. Or is the trend moving sideway

THEN:

2. Go and focus on the 15 minute chart to identify for IB, entry, stop losses and exit.

One of the most important thing not to FORGET is to read the upcoming news as it will influence the market trend. I tend to overlook this, and sometime the consequences can be 'fatal' to the equity.

My trading strategy with this system for exit is by pips count. Normally the minimum set count of pip I try to profit/gain will be not less than 20 with maximum being 50. This is my strategy and not a recommendation for everyone.

Happy trading.