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How many pips you get in 1 day? How many pips you get in 1 day?
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Old 05-12-2008, 12:58 AM
 

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Default How many pips you get in 1 day?
How many pips you can get in 1 day? And what system that you use?
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Old 05-12-2008, 01:24 AM
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I aim for 40 a week using price action.
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Old 05-12-2008, 01:29 AM
 

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I aim for 40 a week using price action.
What system did you use?
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Old 05-12-2008, 02:02 AM
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When i start forex i decided to lock just +10 Pip's per day but the only problem i have on that time is money management coz i can not put My SL to -10 Pip's ... Anyway's Now i target for +30 Pip's & my SL is -40 Pip's... But i try my best not to hit my SL & Most of the time i exit my position's when i feel that market is slow or going against me or if i mistakenly enter's in a new's time... It's a tough business Man & market alway's change's it's behaviour time to time so we can not say any system perfect...That's why i am trading through several different way's like CandleStick pattren, Trendline's , S/R Level's , Fib's level's & Fan's (SomeTime's) , Pavoit Point's(Sometime's)+ Some commen indicator's like Stoch , Rsi , P-Sar Dot's & Moving average's...
But this is not enough Coz the only system i feel perfect is Trading through candleStick Pattren's & S/R Level's with trendline's... Now My forex experience is very good coz i came in this business when i was just of +20 ...If you have some very good knowledge about reversal candle's on higher timeframe's than Hope so you will not feel yourself in trouble Here in BabyPip's school You will find a good stuff about candlestick pattren , Taymen's thread about this pattren is also very good...Google search about it or find video's in Youtube...
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Old 05-12-2008, 03:05 AM
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Now My forex experience is very good coz i came in this business when i was just of +20 PipHacker!!!
Hey PipHacker...gee, only took you 70+ years (as per your "how old are you" post)...
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Old 05-12-2008, 03:13 AM
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Hey PipHacker...gee, only took you 70+ years (as per your "how old are you" post)...
Haha I was just kidding around there ...I am just of 25 & This Coming August I,ll be of 26 ...
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Old 05-12-2008, 01:30 PM
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I aim for as many pips as I can get. I use PSAR and toggle between 4hr and 1hr charts.
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Old 05-12-2008, 02:12 PM
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well i woke up to +163 pips this morning on the cable

# of pips per day is upto you and you trading system / style.
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Old 05-12-2008, 05:19 PM
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May i post a very interesting and very, very conservative spreadsheet regarding banking just 35 pips per week. I was recently sent it from my mentor. Any feedback would be appreciated.
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File Type: zip 35pips.zip (6.4 KB, 36 views)
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Old 05-12-2008, 06:46 PM
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I've been writing my week-by-week predictions down in a blog and the results were pretty astounding. For 4 weeks in a row, I had been averaging approximately 90 pips PER DAY. My record was 1,244 pips in one week. After 4 weeks in a row of consistently winning, I had my first losing week this week, which knocked my average way down to a 35 pip gain per day overall (over the course of more than a month, mind you.)

In the past 24 hours I've closed 141 pips on 3 profitable trades (although I'm currently holding about -130 pips in open trades... that includes new limit orders that were placed in the opposite direction when those trades closed... it'll even out by the end of the week.)
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